Freight transport: DB Cargo under time pressure due to EU regulations
The freight division of Deutsche Bahn is struggling with losses and high costs. Despite progress, the transport ministry considers the restructuring to be at risk.
The German Federal Ministry of Transport is concerned about the future viability of Deutsche Bahn's freight division, DB Cargo AG. Despite some progress, the company's financial situation remains tense, and meeting EU Commission requirements is "acutely endangered". DB Cargo expects to make a loss this year, partly due to a one-off effect from write-downs on losses at its British subsidiary. The sale of the British subsidiary is underway, with expected write-downs of around €260 million.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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