Road and Rail
Company Overview of Deutsche Bahn AG
Deutsche Bahn Aktiengesellschaft provides mobility and logistics services worldwide. The company operates through DB Long-Distance, DB Regional, DB Arriva, DB Cargo, DB Schenker, DBNetze Track, DBNetze Stations, DB Services, and Subsidiaries/Other segments. It offers national and cross-border long-distance rail services and road transport services; bus and/or train passenger transport services; land transport services; air, ocean, and rail freight services; contract logistics services; freight forwarding, transport, and other services in commodity and goods transport; and services in the fields of traffic, logistics, information technology, and telecommunications. The company is also involve...
Potsdamer Platz 2
Founded in 1994
Key Executives for Deutsche Bahn AG
Chairman of Management Board, Chief Executive Officer and Chief Executive Officer of DB Mobility Logistics AG
Chief Financial Officer, Chair of Finance & Controlling Division and Member of Management Board
Chief Executive Officer of Db Schenker Rail Automotive Gmbh
Head of Human Resources, Director of Labor Relations and Member of Management Board
Head of Global Ocean Freight - Schenker Ag
Compensation as of Fiscal Year 2016.
Deutsche Bahn AG Key Developments
Arcelormittal and Deutsche Bahn Sign Contracts for Delivery of Rails
Sep 21 16
ArcelorMittal and Deutsche Bahn signed contracts for delivery of rails for another year. Tracks will be delivered from Dabrowa Gornicza, among others. Both companies plan to jointly develop new products for the railway sector. The new agreement means that ArcelorMittal will be Deutsche Bahn's vendor for another four years as the new installment ends in 2018. The contract covers delivery of rails weighing 147,000 tonnes. At the beginning of September, the production plant in Dabrowa Gornicza launched deliveries of 120-metre long tracks to be used for modernization of 20-kilometre long section of track bed between Rostock and Wismar in eastern Germany.
Deutsche Bahn Reportedly Mulls Listing Of DB Schenker And Arriva
Jul 14 16
Deutsche Bahn AG is planning to get its units listed. The company is looking to get Schenker AG (DB Schenker) floated on the stock market. According to media report, Deutsche Bahn AG will select the lead banks to organize an Initial Public Offering (IPO) of the unit, in June 2016.The news report added that Deutsche Bahn is expected to sell up to 40% of Schenker, currently valued at around €5 billion, on the Frankfurt stock exchange and the potential listing is most likely in 2018. The proceeds may be used to finance its restructuring and pay down debt, the report added. The company is also looking to get Arriva plc listed on the London stock exchange in 2017.
Deutsche Bahn Mulls To Sell Stake In DB Schenker
May 11 16
Deutsche Bahn AG has announced plans to move forward with the sale of a stake in its DB Schenker Rail AG forwarding and logistics business. An official statement indicated that the Deutsche Bahn management board will develop an implementation plan for a third-party minority holding in DB Schenker, as well as its international train and buses arm, Arriva plc. Deutsche Bahn supervisory board chairman, Utz-Hellmuth Felcht said the action would help resolve a growing debt crisis at Deutsche Bahn, "If we don't take action, the group's debt will increase substantially by 2020. A third-party equity interest limits the level of debt and creates the financial scope necessary to continue the quality and investment campaign in Germany." A final decision on the matter is planned for this coming autumn said the company.
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