Rail Cargo Austria AG: strong improvement in results in 2011
Rail Cargo Austria plans to enhance its presence as a carrier on the trades between the Baltic Sea and the Black Sea region
Rail Cargo Austria, the cargo transport subsidiary of the Austrian railway ÖBB, achieved its targeted turnaround in 2011. This was announced by Christian Kern, ÖBB CEO, on the balance press conference on Thursday 26 April 2012. Improving the results by around EUR 350 million in 2011 to minus EUR 48.6 million RCA surpassed its EBIT target by EUR 20 million. Turnover improved by 4 per cent to EUR 2.5 billion. This development was mainly driven by measures such as a consequent cost policy, new products, productivity increases, reduction of employees with parallel increase of the employees’ productivity, or closing down unprofitable locations ranging from Werndorf via St. to Vienna.
Capacity utilisation of the trains was increased by 6 per cent in cargo transport. This increase in effectiveness was accompanied by a decline in train-kilometres of 4.7 per cent. Transport performance rose 5 per cent from 25.9 billion tonne kilometres in 2010 to 27.3 billion tonne kilometres. This record figure is also due to the positive development of activities in Slovenia, Italy and Romania, as well as to increases in the cargo segments mining and mineral oil.
In future RCA plans to enhance its service offering for rail customers from the Baltic Sea to the Black Sea region. Kern sees in particular a market niche on the Germany-Turkey trade, which has to be closed in the first line by installing infrastructure. However, there is customer demand for an alternative to road transport on this relation, as Kern confirms.
Quelle: LogEastics
Portal: www.logistik-express.com