Rüdiger Grube, chief executive of national railway operator Deutsche Bahn, is concerned about his business. Turnover and yields are dropping, the profit margin in long-distance passenger transport is only 5.5 percent and in cargo transport it is almost zero.
There are also problems in regional transport, with competitors such as Abellio stealing contracts away from Deutsche Bahn. Even the once extremely profitable rail network is yielding fewer profits.
Mr. Grube is reacting and is currently planning the restructuring of the company, which is 100 percent owned by the German state and has €40 billion, or $45 billion, in annual sales.
But the train stations division is one bright light among Deutsche Bahn’s problem-ridden subsidiaries.