Deutsche Bahn AG Profits Rised in 2007

German railway operator Deutsche Bahn AG reports another profitable year despite ongoing labor disputes with train drivers over wage negotiations.

April 5, 2008 11:10 pm | Last Update: August 1, 2015 11:12 pm

German railway operator Deutsche Bahn AG has announced an increase in net profits for the third year running, despite a series of strikes by train drivers over pay.

Net earnings at Deutsche Bahn rose 2.3 percent to €1.72bn in 2007 from €1.68bn the previous year. Sales rise to €31.3bn from €30.05bn.
In February, Deutsche Bahn and train driver’s union GDL struck a final wage deal after months of negotiations and rail strikes. Under the agreement, the drivers were to receive an eight percent pay raise from last month and a further three percent from September 2008.

TAGS: deutsche bahn net earning, deutsche bahn profit, deutsche bahn profit 2007, deutsche bahn profitabel

railwaynews

Railwaynews.net is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.