Particle.news
Download on the App Store

Bernhard Osburg Poised to Lead DB Cargo After Nikutta’s Removal

The appointment still requires supervisory board approval at a special meeting on 30 October.

Overview

  • Multiple outlets citing dpa and Reuters report that former Thyssenkrupp steel chief Bernhard Osburg is the pick to run Deutsche Bahn’s freight arm, with the board set to decide next week.
  • The leadership change follows an external Oliver Wyman review that criticized key assumptions in the existing turnaround plan, though a Business Insider read of the document says a successful rescue was still deemed possible.
  • DB Cargo has posted multi‑year deficits totaling roughly €3 billion since 2020, while first‑half 2025 results showed freight volumes down 10%, revenue at €2.5 billion, and an improved operating loss of €96 million.
  • Osburg’s reported appointment comes as new DB CEO Evelyn Palla reconfigures the executive team, with Karin Dohm touted for CFO and Harmen van Zijderveld for regional transport, both subject to board approval.
  • Union pressure over job cuts and the politically sensitive single‑wagon business continues to shape the turnaround debate, with subsidy decisions and federal policy still unresolved.