The German government is covering the cost of 3100 staff working on Abellio’s regional services in Germany after Netherlands Railways’ (NS) subsidiary entered a court-mandated restructuring. The situation could have wider ramifications for the future of the German regional market, as Keith Fender explains.
Is the German concession model in danger?
The German government is covering the cost of 3100 staff working on Abellio’s regional services in Germany after Netherlands Railways’ (NS) subsidiary entered a court-mandated restructuring. The situation could have wider ramifications for the future of the German regional market, as Keith Fender explains.
Abellio lost €32.7m in Germany last year and is now in a process of administered restructuring.
Photo Credit: Keith Fender