Bloomberg News

Deutsche Bahn Wants New EU Law to Stop Network and Train Split

November 18, 2011

Nov. 18 (Bloomberg) -- Deutsche Bahn AG, Germany’s national rail operator, proposed a change in European law to prevent the company from breaking up its rail network from train operations, Financial Times Deutschland reported, citing Chief Executive Officer Ruediger Grube.

Deutsche Bahn believes the proposal to permit integrated train and rail network operations would be supported by the German government because a separation would cost 1 billion euros annually, FTD reported, citing an unidentified person at the company.

--Editor: Chris Reiter

To contact the reporter on this story: Alex Webb in Frankfurt awebb25@bloomberg.net.

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net.


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