db-cargo-european-commission

Brussels to probe DB Cargo over state aid

The European Commission has opened an investigation into German government support for rail operator DB Cargo are in line with EU State aid rules. DB Cargo is a 100% subsidiary of the State-owned national rail operator Deutsche Bahn AG (DBAG). The Commission says that its losses have fully and continuously covered by DBAG through an open-ended profit and loss transfer agreement but it has now received a complaint alleging that ... [+]