Home » DB Cargo in crisis

DB Cargo in crisis

by admin
DB Cargo in crisis

The EVG union has expressed concern about the current situation at the freight railway DB Cargo. “There is no overall strategy as to how to run this company economically and how to get more goods on the rails,” said EVG deputy chairwoman Cosima Ingenschay. A comprehensive transformation is currently being worked on. Ingenschay, who is deputy chairwoman of the supervisory board at DB Cargo, criticized the fact that employee representatives were not sufficiently involved. DB Cargo has been in the red for years. In 2022, the railway put the loss in the annual report at 665 million euros (adjusted EBIT). In 2021 it was minus 467 million euros. According to consistent media reports, the company again generated a loss of around half a billion euros in 2023. The exact business figures are to be published in March.

See also  Boss Björn Gulden poses for Instagram photo with Kanye West

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy