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Press release - Scholarship for secondary school training of future locomotive drivers

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Dunaújváros, November 23, 2017. – Dr. Imre Kovács, chairman of the board of Rail Cargo Hungaria Zrt. CEO, Beatrix Schőn, principal of the Grammar School SZC Bánki Donát of Dunaújváros and Erika Futóné Szaucsuk, president of the Bánki Donát Foundation signed an agreement of cooperation about the realisation of the "Program for the preparation of the supply of new locomotive driver recruits for Rail Cargo Hungaria Zrt."

Rail Cargo Hungaria Zrt. as the market leader and largest employer of rail freight transport in Hungary feels responsible for the supply of experts. The lack of labour has become a hindrance of the company's development. To ensure successful operation in the future Rail Cargo Hungaria invests into the training of new recruits in various ways: it offers a credit-system masters education at the University of Debrecen, supports courses at the University of Dunaújváros, and within its own trainee program young graduates have the opportunity to gain direct experience in rail freight forwarding. The goal of the signed program in the secondary school of Dunaújváros is to support the studies of those pupils learning German, who wish to become locomotive drivers. The amount of the grant in the academic year 2017/2018 is HUF 2.750.000 total. The scholarship, which is HUF 15.000 up to HUF 45.000 depending on learning outcome, is granted to ten pupils of the 9th grade of traffic operators learning German language.

Rail Cargo Hungaria does not only offer grants but also career opportunities to those young students, who would like to become locomotive drivers. The company operates more than 135 000 trains and forwards almost 32 Million tons of freight annually, out of which 10 Million tons are being forwarded by its own fleet of 25 locomotives: a real challenge indeed.
Moreover Rail Cargo Hungaria provides 2 extra lessons of German for the pupils per week, finances professional summer camps in Austria and Hungary, and invites the pupils to its family sports day, railwaymen's day and other leisure events.

Upon the signature of the cooperation agreement Dr. Imre Kovács said, that it is among the long-term ideas of Rail Cargo Hungaria to support the selected pupils until the completion of the technician's exam. Those, who finish their studies successfully, shall get an opportunity to take part in the company's locomotive driver's training and become its employee. The company offers the employment of the scholars on the most modern traction equipment within the ÖBB Holding in Hungary and throughout Europe.


Further information:

Rail Cargo Hungaria Zrt.
Marketing and communication
Tel.: 06 1 512 7323
E-mail: press.rch@railcargo.com



Press release - Rail Cargo Hungaria scholarships awarded

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November 16, 2017. - Dr. Imre Kovács, CEO and chairman of the board of directors of Rail Cargo Hungaria awarded students with scholarships for their excellent study results together with Elisabeth Ellison-Kramer, Ambassador of Austria in Budapest and Margot Wieser, principal of the Austrian School of Budapest. Our company supports the pupils of the school with HUF 1 Million annually.
Aim of the „Rail Cargo Hungaria Study Scholarship Program" founded in 2011 is to acknowledge and support students with extraordinary results, to facilitate talent management in the Austrian School of Budapest and to strengthen the traditional cooperation between the Austrian School of Budapest and Rail Cargo Hungaria. Together with this year's scholarships the market-leading rail freight transport company granted financial support more than fifty times to talented pupils and their families in order to continue their study in this school.

Ambassador Elisabeth Ellison-Kramer praised the traditional relationship between the Hungarian subsidy of Rail Cargo Group and the school and congratulated the awarded students. „Rail Cargo Hungaria has grown into a success story in a competitive environment serving as an example for the cooperative and sustainable economic relations between Austria and Hungary. It is an immense credit for the Austrian School that Rail Cargo Hungaria commits itself to the investment into this scholarship program. I hereby express my gratitude to RCH for the support it gives to our schools and I hope that this cooperation will go on for many years" – she added.

Dr. Imre Kovács pointed out that "despite that rail freight transport is a branch which is developing dynamically offering outstanding career opportunities for young people; it is still struggling with the lack of new recruits in Hungary, Austria and everywhere else in Europe. The market-leader company therefore is supporting youth development on all levels of education".
„Promoting the education of young generations is an important and rewarding investment for our company" – said Dr. Kovács. „Beside the Austrian School of Budapest we concluded an agreement with the Vocational Training Centre in Szekszárd (Szekszárdi Szakképzési Centrum) and the Apáczai Csere János Secondary School of Dombóvár about wagon inspection training for baccalaureates. We motivate pupils who would like to become locomotive drivers in the SZC Bánki Donát Grammar School of Dunaújváros".
„We created dual-system training in cooperation with the Budapest Business School. At the universities of Dunaújváros and Debrecen we prepare students interested in high-level railway profession in a credit-system. We use our experiences gained during the years of cooperation with the Austrian School of Budapest to reach our goals in training new recruits".
Dr. Imre Kovács emphasized in his conclusion that the cooperation symbolises the strengthening of Austro-Hungarian cultural and economic partnership.

Mrs. Margot Wieser, principal of the Austrian School of Budapest told at the ceremony that the successes of her school have many reasons: they work with an experienced, motivated team of teachers, all sitting in one boat and – more important – they look at their pupils as real partners. The basis of fruitful learning is value judgement and the trust between teacher and student. The results are honoured with good marks and moreover with personal feedback and praise. One nice example is the award of the Rail Cargo Hungaria scholarships.

The program was concluded by a cultural program of the students.

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About the Austrian School of Budapest
The Austrian School of Budapest is one of 7 Austrian schools operating abroad and among the best performing grammar schools in Hungary. The school committed itself to maintain and deepen Austro-Hungarian relationships in an international agreement. During its 27 years of existence students with high-level German language skills finished their studies in this institution and were welcomed by German speaking companies or institutions with Austrian relations. The involvement of differentiated education methods and the provision of additional possibilities in support of the academic success of talented pupils are essential for a successful grammar school. Learning is the responsibility of students, whereas the Academic Scholarship Program of Rail Cargo Hungaria is a motivating factor.

Further information:

Rail Cargo Hungaria Zrt.
Marketing és kommunikáció
Tel.: 06 1 512 7323
E-mail: press.rch@railcargo.com


Two colleagues of Rail Cargo Hungaria receive ministerial award on the occasion of the national holiday

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Dr. Miklós Seszták, minister for national development awarded two colleagues of Rail Cargo Hungaria Zrt. with by the Medal of Merit for Traffic (Közlekedésért Érdemérem)

Mrs. Sándorné Csernus, operational regulation expert and Mr. Zsolt Gilányi, technical operation expert.
Mrs. Éva Sándorné Csernus has been working with the railway for 37 years. She supported the modernisation and transformation processes of MÁV, MÁV Cargo, and later Rail Cargo Hungaria with her experience. She has always been focusing on the given tasks, serving the realisation of our company's strategic goals with diligence and extraordinary accuracy. She contributes efficiently to the preparation of modernisation proposals of legislation. Her professional preparedness, arduous attitude and persistence are exemplary.

Mr. Zsolt Gilányi started his railway career as wagon inspection supervisor 34 years ago. Later he joined MÁV Cargo seeking new challenges, and continued his work at Rail Cargo Hungaria with excellent expertise and resilience. He implemented the function of the company's wagon inspection system at international level. During his working years he managed to maintain excellent relationships with his co-workers; was consequent and accurate while preparing management decisions. His commitment and work serves as example to be followed by his colleagues.

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Consultation about correction of transport charges

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Rail Cargo Hungaria Zrt. discussed with its forwarding partners the actual domestic and international market situation of rail freight transport as well as the reasons and consequences of the correction of charges enforced by the market.

Price adjustment is necessary to keep up the efficiency
Dr. Imre Kovács, chairman of the board, CEO told during his analysis of the rail freight transport market that the share of rail freight transport in Hungary has gone back from 24% to 17,5% since the turn of the millennium. The number of registered railway logistic companies however has tripled at the same time. The companies therefore were forced to rationalise: the adopted their transport equipment to the decreasing demand, cut down development, and drew less attention to the education of specialists and labour supply. All this have led to lack of capacities and downgraded efficiency.
The situation was made even worse by the track obstructions due to constructions. These obstructions are planned to be maintained at several important lines for months in the following year as well. The bypass routes will require significant additional human-and tractive resources.

Revenue-producing capabilities to be increased
Dr. Imre Kovács pointed out that in the past 5 years the gap between transport charges and own costs grew year on year causing the expenditures to exceed the revenues by 15%, while efficiency went back by 20%. "This tendency has to be stopped" – he stated. The sustainment of such company of this size can only be realised by investments in new assets and this requires the increase of revenue-producing capabilities of Rail Cargo Hungaria. The implementation of a sustainable tariff structures will be enforced by the market's expanding capacities and enhanced demands for quality assurance investments. Therefore – mainly in the block train traffic – prices need to be adjusted.

We are interested in maintaining long-term customer relationships – Mr. Kovács told in his conclusion. As for the single wagon load traffics the services will be improved to secure country-wide coverage of RCH being the only provider of such services in Hungary.

New terms and conditions of transportation
The colleagues of Rail Cargo Hungaria's commercial department will negotiate the terms and conditions of transportation for the year 2018 individually with the customers for each business separately. In general the planned tariff foresees a rise of 6%.


Rail Cargo Hungaria sponsoring FTC’s women handball team prolonged till 2020

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Budapest, September 16th 2017. – Dr. Imre Kovács, Chairman of the Board of Directors of Rail Cargo Hungaria Zrt. CEO, and Gábor Kubatov, President of Ferencvárosi Torna Club signed solemnly the agreement, in which the rail freight forwarding company prolonged its commitment to sponsor FTC's women handball team until 2020 and to use the name Rail Cargo Hungaria in the team's official name.

„The women handball department is successful at both national and international competitions. It won the championship two years ago, this year they got the Hungarian Cup, and got into the quarter finals of the Champion's League. This outstanding performance requires constant and stabile material background. The management of the club supports the department and the girls at its best, but without the active presence of Rail Cargo Hungaria Zrt. we wouldn't know what to do. The company is supporting the women's handball team of Ferencvárosi Torna Club since 2011 and all our fans can be proud of the achieved successes at home and abroad during this period. As I have said before I hope that the prolonged agreement serves as a basis for similar future achievements" – Gábor Kubatov told upon the occasion of the signature.

Dr. Imre Kovács reminded everyone that the results of the cooperation show the rightness of the decision entering the sponsoring agreement with the company naming. „Rail Cargo Hungaria and the champion team of FTC are allies for success and both parties done their best to achieve the results. Our company is proud to stand by the girls unbowed as a naming sponsor" – he stressed.

"In the past half of a decade the employees of Rail Cargo Hungaria were cheering the team as fans, the demand for tickets for games is always more than their availability. The sports experiences are inspiring, the winnings are motivating. Our cooperation lays on common values: success, commitment and the ability to fight for the goals" – he added.

The naming sponsorship of FTC-Rail Cargo Hungaria women's handball team is an integral part of the social responsibility policy, which focuses on environmentally conscious forwarding, high quality work and – to the extent of the company's possibilities – the support of sports activities and deprived communities.


Information about shipments in temporary storage

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Dear Partner,

We hereby inform you that due to changes in customs legislation and in the Excise Act the conditions of temporary storage of shipments in regard of customs law will change as from September 1st, 2017.

This change means that:

1. as from September 1st 2017 RCH will no longer offer temporary storage for goods and shipments which are subject to excise act, thus the provision of an excise guarantee is needed.

2. as from September 1st 2017 after the entry at an external border station (Eperjeske/Záhony, Kelebia) for all other, non-Community status shipments the temporary storage – according to the provisions of the valid agreements and contracts between the parties – is provided without charge by RCH for its partners for a period of 15 days. For temporary storage exceeding 15 days the service fee is HUF 20.000,- per means of transport a day (wagon, UTI).

3. This fee is charged under the title „commissioned temporary storage of non-Community status shipments" under supplementary fee code 41.7.

Due to the introduction of the above changes the modification of the related agreements and contracts becomes necessary, which modifications will soon be sent to our partners concerned.

The form for the order of the services mentioned in section 2 is available on the webpages of RCH. Please note, that for the shipments for temporary storage a customs invoice is needed as well.

We kindly ask you to apply the above described changes immediately after the receipt of our letter regarding the deadline of September 1st 2017.

Please, find below our notification letter: