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Deutsche Bahn sues steel giants over cartel

Germany's national rail company Deutsche Bahn said on Thursday it had filed a court case against heavy industry giant ThyssenKrupp and other companies over alleged track pricing agreements.

Deutsche Bahn sues steel giants over cartel
Photo: DPA

Deutsche Bahn said in a statement that it was seeking damages in a Frankfurt court over alleged price deals among members of a “track cartel” in the sale of tracks to the rail company, but it did not give a figure.

A report in Thursday’s Süddeutsche Zeitung said the amount was about €750

million.

Gerd Becht, of Deutsche Bahn, said in the statement that the company had “appealed to the understanding” of the cartel members over the past months to reach an agreement but had seen “no constructive cooperation” towards an accord.

As well as ThyssenKrupp, which alongside steel also makes elevators, industrial plant technology, submarines and car parts, the case involves Moravia Steel, Vossloh and the former owner of a Vossloh subsidiary Stahlberg Rönsch.

In July, German anti-trust authorities fined companies involved in a rail cartel investigation including ThyssenKrupp nearly €125 million.

The fines related to a probe into whether manufacturers made cartel agreements on the supply of rail to Deutsche Bahn, to the detriment of the railway company, the Federal Cartel Office said.

AFP/bk

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TRANSPORT

Copenhagen Metro lines reopen after two-week closure

Lines M3 and M4 of the Copenhagen Metro are back in service having reopened on Sunday, one day ahead of schedule.

Copenhagen Metro lines reopen after two-week closure

The two lines had been closed so that the Metro can run test operations before opening five new stations on the M4 line this summer.

The tests, which began on February 10th, are now done and the lines were running again as of Sunday evening, a day ahead of the original planned reopening on Monday February 26th.

“We are very pleased to be able to welcome our passengers on to our two lines M3 and M4,” head of operations with the Metro Søren Boysen said.

“The whole test procedure exceeded all expectations and went faster than expected and we can therefore get a head start on our reopening now,” he said.

Time set aside for potential repeat tests was not needed in the event, allowing the test closures to be completed ahead of time.

“Several of our many tests went better than expected and we have therefore not used all the time we needed for extra tests,” Boysen said.

The two lines serve around one million passengers every week, according to the Metro company.

READ ALSO: Copenhagen city government greenlights extension to Metro line

The new stops on the M4 line will be located south of central Copenhagen in the Valby and Sydhavn areas. The will have the names Haveholmen, Enghave Brygge, Sluseholmen, Mozarts Plads and København Syd (Copenhagen South).

The M3 and M4 lines, the newer sections of the Metro, opened in 2019 and 2020 respectively.

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