According to government and corporate circles, Deutsche Bahn is facing even tougher cuts than previously planned. “A three-year rehabilitation course across the entire group,” a government representative told the Reuters news agency on Monday. In railway circles it was said that this would be a drastic cure, which is internally called “S3”.
The Group’s five-year plan to Reduction of around 30,000 jobs in the administration will probably not be sufficient for the restructuring. Long-distance train connections could be reducedwhich the railway had recently denied. After about three years, the railway in Germany is to be black numbers write.
The background is that both local and long-distance transport as well as the network last high losses The freight subsidiary DB Cargo has been in a crisis for years and, under pressure from the EU, can no longer be supported by the group.
Federal Transport Minister Volker Wissing (FDP) has invited people to a press conference on Tuesday, shortly after the state elections in Thuringia and Saxony. Wissing has already hinted that the renovation of the network alone cannot be the only issue, according to the invitation.
One must also Adjustments in the economic and organizational areas A spokesman for Wissing declined to comment on the details and referred to the press conference. Deutsche Bahn did not comment on Monday, but had recently stated several times that the company must become profitable.
Deutsche Bahn is currently pushing ahead with the sale of its international logistics subsidiary Schenker. This could bring in around 14 billion euros. Schenker is, however, the only significant source of profit for the state-owned company. The sale could, however, buy the company time for restructuring. (Reuters)
