Deutsche Bahn considering expansion to Romania and Poland

Deutsche Bahn AG is considering to expand to Romania and Poland by creating a joint venture with Jindal, an Indian steelmaker, according to a statement to Financial Times Deutschland by Norbert Bensel, head of the Logistics Division.

Bensel said that the Deutsche Bahn railway group is interested in the Romanian privatization process, and expects state-owned logistics and transport companies to be sold for under €100 million.

According to Financial Times Deutschland, Deutsche Bahn is ready to invest over €100 mln in Poland, possibly in a joint venture with the Russian railway. “We are expecting a definitive answer in early 2008,” added Bensel.