(Mürzzuschlag, 30 September 2026) – Through its construction activity, ÖBB is an important and stabilising factor for Austria’s domestic construction industry. Around EUR 19.5 billion will be invested in the forthcoming framework plan period from 2027 to 2032 alone – in the railway of tomorrow. Franz Hammerschmid, Head of Business Unit at ÖBB: “As a driver of employment, we create valuable jobs and in doing so also support the domestic economy. More than two thirds of contracts are awarded to small and medium-sized enterprises. This enables ÖBB to strengthen Austria’s economic performance and competitiveness and to act as a central pillar of the country’s business location. After all, these investments have an impact far beyond railway construction.” As a result, around 200,000 job-years will be created or safeguarded in Austria from 2027 to 2032 during the construction phase alone.
The Semmering Base Tunnel is a good example. For passengers, the new tunnel will cut journey times by 30 minutes and offer greater comfort on journeys to and from southern Austria, with speeds of up to 230 km/h from December 2029. Freight transport will also benefit from the project along the strategically important Baltic–Adriatic EU Corridor. Together with the Koralm Railway, it will create a low-gradient route on the Vienna–Villach Southern Line, meaning that heavy freight trains will no longer require two locomotives.
Already during construction, the investment of around EUR 4.2 billion is generating considerable economic stimulus, particularly for the domestic economy. On average, 1,200 people are directly employed on the tunnel during the construction phase. Around 11,000 long-term jobs (Source: Overall economic assessment of the new Semmering Base Tunnel) will then be created during operation.
Gerhard Gobiet, ÖBB Project Manager for the Semmering Base Tunnel: “Together with our partners, we are approaching the historic milestone of commissioning the Semmering Base Tunnel. Work on the technical tunnel fit-out is progressing very well, and passengers will be able to use the new line from December 2029.”