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DB might generate loss of up to EUR 500mn in 2009

  05.10.2009    

Photo: flickrAfter a record profit in 2008, German railway company Deutsche Bahn (DB) might generate a loss of up to EUR 500mn in 2009. DB chairman Rüdiger Grube now informed his executive managers that the group's turnover revenues in the first eight months of 2009 were down 14.5% on the just under EUR 19bn generated in the corresponding period of 2008. The economic crisis affects in particular the group's logistics and cargo divisions.



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