The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Repair And Installation Of Machinery And Equipment Repair And Installation Of Machinery And Equipment 33.17 - Repair And Maintenance Of Other Transport Equipment
1,200 jobs Number of planned job creations
Announcement Date
11 January 2024
Employment effect (start)
11 January 2024
Foreseen end date
31 December 2026
Description
In mid-January 2024, German railway company Deutsche Bahn announced to have opened its new maintenance and repair facility in Cottbus. Some 450 jobs were created with the opening of the new facility. The number of jobs will grow up 1,200 until the end of 2026.
Trains will be dismantled in the newly built facility, in order to replace their traction motors or bogies. The new maintenance hall is fit to accommodate the latest ICE trains. In addition, different maintenance steps can be carried out on the trains simultaneously. Deutsche Bahn is the biggest railway company in Germany - currently employing over 210,000 employees in Germany.
Eurofound (2024), Deutsche Bahn, Business expansion in Germany, factsheet number 200806, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200806.
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