ÖBB subsidiary Rail Cargo Group (RCG) has acquired Captrain Netherlands. RCG and Captrain closed the deal on 31 May. With the acquisition, RCG is continuing its course of international expansion. RCG announced the acquisition of Captrain Netherlands on Friday 31 May. Captrain Netherlands has 61 employees and had a turnover of 12,2 million euros in…
Category: Captrain
SNCF Group in the black for third consecutive year, freight EBITDA also positive
The SNCF Group has recorded a third consecutive year in the black, thanks mainly to the strong performance of its high-speed (TGV) passenger services. Net profit totalled 1.3 billion euros compared to the record figure of 2.4 billion a year earlier, while turnover was up 0.7 per cent at 41.8 billion euros. “The Group is […]
The rail freight industry in Portugal is unsatisfied, says study
The rail freight sector in Portugal is somewhat of a unicum in the European Union. Just like in Spain, the railway network is equipped with the Iberian gauge (1,668mm). Moreover, there is no state-owned rail freight operator in the country, unlike most of the other EU Member States. The Portuguese Mobility and Transport Authority (AMT), […]