The Achenseebahn is bankrupt

c

The Achenseebahn (Tyrol/Austria), a steam rack-and-pinion railway over six kilometres between Jenbach and Seespitz on Lake Achensee, is currently under enormous time pressure. Bankruptcy proceedings have been opened at the Innsbruck regional court over the assets of the public limited company after the Tyrolean parliament rejected further subsidies for the railway, which is in urgent need of renovation. If no liquid funds are made available by third parties within a short period of time so that liabilities due at short notice can be serviced, there is a threat of closure of the company and thus the irrevocable “end” for the historic railway. In principle, however, the Achenseebahn AG does not appear to be over-indebted in view of its assets.

The Achenseebahn is a unique cultural and historical jewel. The operation is still carried out with the more than 130 years old locomotives and carriages, which have been handed down in the original. Together with the infrastructure that has been in continuous use since the opening, these vehicles and the installations from the imperial era represent a railway technical heritage of European rank.

The insolvency administrator will now decide whether the preparations for the start of operations will be continued. A continuation of operations with subsequent redevelopment, supported by the mayors of the owner communities, would at the same time mean that the concession would be retained.

Every help is welcome to the railway as well as the signing of an international petition to save the Achensee railway (see below 12-03-20) or to become a member of the elite association of supporters of the “Achenseebahn-Förderverein 1000 Tausender e.V.” registered in Jenbach, Austria.

Avatar


Latest News from FEDECRAIL

5188398a-5434-4d26-823c-6e455d214b26
Isle of Man FEDECRAIL Conference 2025
Published: 15th November 2024

Welcome to the Isle of Man, the idyllic island where history meets the present, and where those responsible for heritage and museum railways in the …

Read More
7b3b28ab-ec7b-409f-8f42-8c088d44290c
Update 64
Published: 16th October 2024

Update 64 is now available, and as in previous editions, it is filled with interesting updates from our members, as well as reports from board …

Read More
Screenshot 2024-10-10 at 13.22.10
Working Industrial & Mobile Hertitage Platform (WIMH) Fact Sheet
Published: 10th October 2024

The working industrial and mobile heritage is part of our European identity and global culture. This heritage is composed of industrial buildings and installations, infrastructural …

Read More

Ukraine