January 18, 2010

American Chronicle | 8 big challenges for European railfreight

American Chronicle | 8 big challenges for European railfreight: "Further east, Austrian Federal Railways (OBB) subsidiary Rail Cargo Austria (RCA) has also expanded with the acquisition of MAV Cargo, Hungary. The EC required OBB to sell its stake in Gyor- Ebenfurth-Sopron Railway (GySFV) as part of the deal in the hope of achieving competitive conditions in a market still dominated by incumbents. RCA reportedly paid double the highest bid submitted by the private sector."

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