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Troubled Railway Operator Looking to Save EUR 47M

Ljubljana, 11 June - The accumulated loss of EUR 20m in the first five months of 2009 has forced the Slovenian railways operator Slovenske zeleznice to introduce strict cost-cutting measures aimed at saving a total of EUR 47m. The measures will also include cutting labour costs by about EUR 11m.

Ljubljana
Matic Tasic, boss of Slovenske zeleznice, presents cost cutting measures planned by the troubled national railways operator.
Photo: Tamino Petelinsek/STA

Ljubljana
Matic Tasic, boss of Slovenske zeleznice, presents cost cutting measures planned by the troubled national railways operator.
Photo: Tamino Petelinsek/STA

Ljubljana
Matic Tasic, boss of Slovenske zeleznice, presents cost cutting measures planned by the troubled national railways operator.
Photo: Tamino Petelinsek/STA

Ljubljana
Matic Tasic, boss of Slovenske zeleznice, presents cost cutting measures planned by the troubled national railways operator.
Photo: Tamino Petelinsek/STA

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© STA, 2009