TruemorsVerkehrsverbund Rhein Ruhr (VRR), a transport authority of numerous cities in the West German state of Northrhine Westphalia, has cut its contractual ties to German national railway carrier over fraud allegations - costing the carrier €400 m in revenues.
The move comes at a time when Deutsche Bahn tried to windowdress for its IPO next year.
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German Transport Authority Cuts Links With Deutsche Bahn in the Wake of IPO
uploaded by Markus Schlegel June 13, 2008 at 04:38 am
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NP! ID: 1187132
Title: German Transport Authority Cuts Links With Deutsche Bahn in the Wake of IPO
File Size: 743 × 541 – 33.16 KB
Created: Fri, 06/13/2008 - 4:38am
Modified: Fri, 06/13/2008 - 4:38am
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