The EU Commission has approved a restructuring assessment for DB Cargo. This was reported by “Welt am Sonntag” on the basis of a statement from Deutsche Bahn. According to the report, the board and supervisory board of DB Cargo AG as well as those of its parent company DB AG have already given the green light to the freight subsidiary’s restructuring plan. A railway spokesperson said that financing for the DB freight division and a restructuring programme presented by CEO Bernhard Osburg through 2030 are now secured.
Under the Commission’s decision, DB Cargo must return to independent profitability by the end of 2026, or it faces a possible breakup. Osburg, who has been chair of the freight division’s board since November, outlined the plan in February. The core of the proposal is a drastic cost‑cutting programme: of the roughly 14,000 full‑time jobs in Germany, 6,200 will be eliminated. Deutsche Bahn’s aim is to retain at least 8,000 jobs in Germany over the long term.