Member Article
The Go-Ahead Group lands €1.6bn German rail contract
North East transport operator The Go-Ahead Group has announced its entry to the German rail market, securing a high profile contract win spanning thirteen years in total.
Awarded Netz 1, Lot 2 and Lot 3 of the Baden-Wurttemberg rail network, the contracts are expected to generate combined revenues of around €1.6bn over their duration. Work will begin begin in June 2019 and will last until 2032.
Operating company Go-Ahead Verkehrsgesellschaft Deutschland GmbH will run approximately 3.7 million train kilometres each year for Lot 2 and 4.4 million train kilometres each year for Lot 3.
David Brown, Go-Ahead Chief Executive, said: “We have 18 years’ experience providing passenger rail services in UK rail operating on busy and complex networks and we are pleased to be able to bring our expertise in the German rail market.”
There is now a standstill period of 10 days before the final contract conclusion.
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