/ world right now information/ The financial scenario of the German state railway firm Deutsche Bahn causes concern, writes Die Welt: the funds of the priority is lacking 3 billion euros, there’s a hazard that the corporate will be unable to finance its tasks. The reason being extreme independence, say the “Inexperienced” celebration.
Germany’s Federal Audit Workplace raises the alarm over the financial scenario of Deutsche Bahn, writes Die Welt. This 12 months, the funds of the state railway concern is lacking 3 billion euros, as well as, the debt has elevated, the publication studies, referring to the monetary report for the Bundestag.
The report stresses that if Deutsche Bahn doesn’t liquidate its debt by promoting its subsidiary Arriva, it will be unable to finance its investments independently. These embrace tasks equivalent to the development of latest trains, the digitalization of the railway observe and the large-scale reconstruction of Stuttgart station.
Nevertheless, Deutsche Bahn’s administration believes the priority is financially sound, based on Die Welt. Nevertheless, Germany’s Transport Minister Andreas Scheer requested the corporate’s supervisory board for “clear solutions” and likewise tasked administration with rising the effectivity of the enterprise.
In keeping with the Audit Workplace, the scenario at Deutsche Bahn is alarming, the publication writes. Within the first half of 2019, the adverse pattern for the corporate continued. Deutsche Bahn’s money owed in June exceeded the annual allowance.
In keeping with Inexperienced Celebration MP Sven-Christian Kindler, the issue is that the state has ceased to regulate what occurs in Deutsche Bahn, because of which the corporate has change into nearly fully impartial. Kindler believes that the time has come to reform the enterprise, -especially its deprivation of the standing of a joint-stock firm.
Translation: V.Sergeev
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