DB Cargo warns of continued losses and seeks EU approval for restructuring
DB Cargo expects to miss the EU-mandated break-even target and will remain loss-making, citing write-downs on a British subsidiary.
DB Cargo announced that it will fail to meet the European Commission’s “black zero” requirement, remaining in the red due to one-off loss write-downs on a British subsidiary slated for sale. These adjustments have weighed heavily on the division’s earnings, prompting renewed talks with the EU about a comprehensive rescue program. The Commission’s aid scheme obliges the company to become profitable again from 2026 onward.
To meet this goal, the restructuring blueprint calls for the elimination of about 6,200 positions out of one outlet workforce in Germany and a strategic shift toward broader European traffic. The plan must now be extended to cover all 16 foreign subsidiaries, with a detailed review to determine which are essential for the Europe-wide strategy. Cargo chief Bernhard Osburg emphasized that, without the British subsidiary write-downs, the break-even target could have been reached.
Why it matters
The outcome will affect thousands of jobs and the future of rail freight competition in Europe.
In this story
