Overview
- Multiple outlets citing dpa and internal sources report Nikutta will be removed, with a special supervisory board meeting on October 30 expected to formalize personnel decisions.
- An Oliver Wyman analysis judged the submitted rescue plan "objectively unsuitable" and based on very optimistic assumptions, though it said a successful restructuring remains possible in principle.
- New DB CEO Evelyn Palla is reshaping the top team as the board’s personnel committee backs Karin Dohm for finance and Harmen van Zijderveld for the regional traffic portfolio, pending approval.
- The EU has barred the parent company from covering Cargo losses, requiring the freight unit to be profitable by 2026 after years of red ink totaling about €3.1 billion since 2020.
- Nikutta’s strategy centered on deep headcount cuts toward roughly 10,000, sale-and-leaseback of rolling stock, and hopes for single-wagon traffic subsidies, drawing sharp union criticism.