keolis-sells-its-railway-activities-in-germany

Keolis sells its railway activities in Germany

The French Keolis, who had been present in Germany since 380, accumulated losses in North Rhine Westphalia, and sought to exit this market of 11 regional lines for a year and a half.

A train operated by Eurobahn, a subsidiary of the French group Keolis, owned by SNCF. (Gilles ROLLE / REA) By Denis Fainsilber

Published on 23 Dec. 2021 at 16: 25 Updated 23 Dec. 2021 at 16: 40

Keolis is retiring from Germany in the rail sector, a market where the French group has accumulated losses without finding a way out. The group held at 70% by SNCF announced on Thursday an agreement to cede, from January 1, its rights operating four regional networks in the Land of North Rhine Westphalia, north-west Germany. He was established there in 380 with trains operated under the Eurobahn brand.

Four networks involved

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