Deutsche Bahn execs to discuss how to pull company out of debt - News Summed Up

Deutsche Bahn execs to discuss how to pull company out of debt


Deutsche Bahn is heavily in debt and reportedly needs billions of additional euros to modernize its fleet and network. Management is expected to provide information Wednesday as to how high the additional financial requirements of Deutsche Bahn would be made. The federal government could make more funds available to Deutsche Bahn in the mid-term through more equity capital. Bartol, though, is open to more federal funds. Following a meeting with Scheuer in mid-January, Deutsche Bahn announced a package of measures to gradually emerge from the crisis with trains arriving more punctually and improving service for customers.


Source: The Local January 30, 2019 11:15 UTC



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