Last year, the parent ČD reported a gross profit of three billion crowns, so they have the largest share of the entire group’s profit. The year before, they reported a gross profit of 14 million crowns. Another part of the group’s gross profit was provided by the subsidiary ČD Cargo.
“What makes me very happy is that, after three years, the passenger transport segment also made a profit. We have attracted more than 164 million customers to our trains,” said Michal Krapinec, Chairman of the Board and CEO of ČD. There were seven million more transported customers year-on-year.
ODS wants to privatize. It has already started in Czech Railways
Homemade
The railways invested more than 11 billion crowns in new trains last year.
“Massive investment in the vehicle fleet is important to attract the growing number of passengers. I am pleased that ČD will continue with them, when more than a hundred units and locomotives are planned to be delivered this year alone,” said Transport Minister Martin Kupka (ODS).
In freight transport, ČD Cargo reported a pre-tax profit of 733 million crowns, which is a year-on-year increase of 423 million crowns. The company transported 59.4 million tons of cargo, i.e. 4.8 million tons less than the previous year. According to the chairman of the board and director of ČD Cargo, Tomáš Tóth, the decrease in transportation of fossil fuels to power plants and heating plants caused the lower transport performance.
Night trains connected Prague with Brussels without a transfer
Economy
