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The German Railways needs billions to repair its rotten tracks.
"The head of Germany's Deutsche Bahn train operator on Friday said the company needs €150 billion ($170.5 billion) to modernize its rail network. The company had a net financial debt of about €32.6 billion in 2024.
Deutsche Bahn CEO Richard Lutz told German news outlet T-online that this €150 billion would be in additional financing. He said €80 billion would be needed for the "existing" rail network for repairs and refurbishments.
Lutz said the rest of the financing would be used for "expansion measures" such as building new train routes or for the expansion of train stations."
www.dw.com
The German Railways needs billions to repair its rotten tracks.
"The head of Germany's Deutsche Bahn train operator on Friday said the company needs €150 billion ($170.5 billion) to modernize its rail network. The company had a net financial debt of about €32.6 billion in 2024.
Deutsche Bahn CEO Richard Lutz told German news outlet T-online that this €150 billion would be in additional financing. He said €80 billion would be needed for the "existing" rail network for repairs and refurbishments.
Lutz said the rest of the financing would be used for "expansion measures" such as building new train routes or for the expansion of train stations."

Germany: Deutsche Bahn wants billions to modernize railways – DW – 04/18/2025
Germany's next ruling coalition is eyeing huge investments in the country's aging infrastructure. Deutsche Bahn, the country's notoriously unreliable rail operator, says it needs €150 billion to improve the rail network.
