Press: Anti-trust agency declares Czech Railways locomotive deal invalid

The Czech Office for the Protection of Competition has revoked a contract that Czech Railways signed with Austrian Federal Railways for 11 locomotives, the daily Hospodářské noviny reported on Friday. Czech Railways leased the Siemens Taurus locomotives from the Austrian rail operator in 2008. However, the Czech anti-trust agency said the deal was in fact a purchase that was concluded without a public tender. Czech Railways now face a fine of up to CZK 4 million.

Author: Ian Willoughby