Austria's rail industry: Minister promises record investments!

Austria's rail industry: Minister promises record investments!

Österreich - The association of the rail industry in Austria is pleased with the clear confession of the Minister of Infrastructure on further investments in the rail infrastructure. These measures are considered essential for climate protection, innovative strength and competitiveness of the Austria business location. Christian Diewald, the President of the Association, emphasizes the significant role of investments in the train for securing jobs and promoting modern mobility.

The Austrian Rail Report 2023 illustrates the importance of the rail industry in Austria: Around 28,000 employees work in the rail delivery industry, which provides annual added value of 2.7 billion euros. The export quota is impressive at 73.5 percent, which makes Austria one of the most exported rail locations worldwide. Over 50 companies, from world market leaders to innovative small and medium -sized companies (KMUS), shape the domestic rail industry.

claims and strategies

The association calls for the continuation of the ÖBB framework plan and a rapid implementation of the target network 2040. In this context, Anil W. Rai, the managing director of the association, emphasizes the need for a reform of the public procurement law and the reduction of bureaucratic hurdles. The aim is to improve the existing framework and to promote increased investments in public transport.

In addition, the growth potential that is present in the rail industry is pointed out. Entrepreneur Martin Joch sees opportunities for increasing efficiency through a better utilization of the existing routes and modernization of the vehicle fleets. According to current estimates, an industrial policy strategy that aims at the implementation of European transport goals could make Austria a leading rail producer in Europe.

global position of Austria in the rail industry

Austria takes up a top position in international rail technology. 2,160 kilometers are covered by train, BIM and subway per capita, which is twice as much as in the EU average. Rail vehicles that are produced in Austria are used in cities such as Berlin, Munich and London. In addition, the country has a top position in the patents in the rail industry, with an average of 85 inventions per year.

The federal states of the Czech Republic and Germany follow far behind Austria in terms of investments in research and development. With an investment volume of 13.1 euros per capita, Austria leads the EU ranking. Important companies such as Plasser & Theurer and Siemens Mobility Austria contribute significantly to the innovative strength of the industry and have registered numerous patents in recent years.

future prospects and necessary measures

In order to meet the EU expansion destinations for the express train network by 2050, necessary investments of up to 550 billion euros are estimated. The rail industry therefore not only offers future-oriented employment opportunities, especially for employees from the crisis car supply industry, but also represents a central pillar for sustainable and environmentally friendly mobility.

In this context, the Chamber of Labor calls for a strengthening of the rail industry through public procurement with social and ecological criteria. An exception to fiscal rules for the expansion of public transport and the introduction of a nationwide truck toll are also on the agenda to generate additional income.

For more detailed information, the reports from OTS href = "https://vcoe.at/news/dahn industrie-weltmarktfuehrer-austria"> vcoe , and Chamber of Labor are consulted.