Railway: Union expects further problems with DB Cargo restructuring
The restructuring of DB Cargo is stalling. Write-offs on the British subsidiary threaten the zero deficit – Brussels is demanding profits by the end of 2026, otherwise liquidation threatens.
The German train drivers' union EVG warns of further problems in the already struggling freight division of Deutsche Bahn, DB Cargo. According to EVG deputy head Cosima Ingenschay, old issues are holding back DB Cargo, which is expected to post a loss this year due to write-offs on its British subsidiary. The company aims to break even by 2026 but this goal is now unlikely due to expected losses of around €260 million.
DB Cargo is under pressure from the EU Commission to become profitable by the end of 2026 without support from its parent company.
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.
