DB has unveiled bold plans to double its turnover by 2020 and increase annual capital spending by nearly 27% during the next nine years. Reporting from Berlin, David Briginshaw explains the key objectives of DB's new strategy.
THE board of French National Railways (SNCF) has approved the purchase of shares in public transport operator Keolis held by the three other shareholders - Axa Private Equity, CDPQ, and Pragma, thereby increasing SNCF's stake in the company to 70%.
THE French Ministry of Transport has approved the route for two new high-speed lines totalling 417km that will serve the southwest of the country. The lines will extend the Sud-Europ Atlantique high-speed line, currently under construction between Tours and Bordeaux, southeast to Toulouse and south to Hendaye on the Spanish border.