Deutsche Bahn

Deutsche Bahn, the German railway operator plans to invest 41 billion euros, or USD5.5 billion. Very large investments will be made during the period 2010-2014.

Investing 41 billion euros for rail network, modernization of stations, the addition of a new car. Deutsche Bahn is also planned to buy 300 ICx fast train to succeed ICE, “said Deutsche Bahn Technical Director, Volker Kefer.

He added that 75 percent of 41 billion euros will be allocated for the construction of the railway network and stations meodernisasi. “For regional transportation, we will buy 400 electric trains, 600 buses for local travel,” added Kefer.

Kefer explained, this investment is expected to create a company able to serve the consumer. “Time travel will be shorter, more reliable trains and timely,” he said.

Currently Deutsche Bahn has a road network in 150 countries and is planning for international expansion. Last April, Deutsche Bahn to acquire UK transport company Arriva. Deutsche Bahn has 240 000 employees, two thirds are in Germany.

Total company revenue was recorded 29.3 billion euros. In Germany, Deutsche Bahn rail network has over 34.000 kilometers (21.126 miles). Every day, Deutsche Bahn provides transportation services to more than seven million passengers by train and bus.