Road and Rail
Company Overview of Arriva plc
Arriva plc provides passenger transportation services. The company offers a range of services, including local bus, inter-urban commuter coach, tram and light rail, waterbus, demand response and non-emergency patient transport, and airport related transport services, as well as local, regional, and national train services. The company offers its services for private and public organizations, as well as national, regional, and local governments across Europe. The company was formerly known as Cowie Group plc and changed its name to Arriva plc in November 1997. The company was founded in 1938 and is based in Sunderland, United Kingdom. As of August 26, 2010, Arriva plc operates as a subsidiary...
Doxford International Business Park
Sunderland, SR3 3XP
Founded in 1938
Key Executives for Arriva plc
Managing Director of Arriva Trains Wales
Chief Executive Officer of Arriva Slovakia
Managing Director of Arriva UK Trains
Compensation as of Fiscal Year 2016.
Arriva plc Key Developments
Jesmond Bus Depot Up For Sale
Sep 27 16
Arriva plc's two-acre freehold site has been put up for sale. Sanderson Weatherall has been appointed to sell the site. Kevin McGorie, partner in Sanderson Weatherall's agency department, said: "Jesmond is one of the most desirable areas in Newcastle, attracting young professionals as well as the city's student population. It is very unusual for a plot of this size to become available in this area, so I expect that a lot of developers will be looking to secure the site."
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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