Money Talks | 10.07.2008 | 00:30
German Trains Going Full Steam in Bid For Investors
The German government is planning to privatize the country's railway, the Deutsche Bahn, by the end of the year.
The Federal Transport Minister, Wolfgang Tiefensee, is working under pressure to sell segments of the company to private investors, while the tracks and the train stations will remain in the government’s hands.
Deutsche Bahn is on course to go public and is setting the course full steam ahead, with German Rail head Hartmut Mehdorn the engine behind the move. But he has to mediate between the company and the government, while getting his own career on track at the same time.
Report: Stephanie Pieper / Laura Spurway
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