German minister wants to tie Deutsche Bahn bonuses to meeting targets
- German Minister Steffen Bilger stated that Deutsche Bahn managers' bonuses will be affected if government-set targets are not met.
- Experts attribute Deutsche Bahn's issues to years of underinvestment and its dual aim to profit while serving the public.
- Bilger emphasized the need to improve train punctuality as the government plans substantial investments to overhaul the rail network.
- Current goals require long-distance trains to reach 70% punctuality by 2029, up from about 60% this year; perfect punctuality is not expected soon nor common in Europe.
61 Articles
61 Articles
New German transport chief gets taste of train chaos
Steffen Bilger was named to the post in a cabinet shuffle last month after his predecessor was sacked by Chancellor Friedrich Merz for insufficient progress on overhauling Germany's dilapidated infrastructure. A key part of his role is turning around state-owned operator Deutsche Bahn and the rail network, which has faced mounting complaints in recent years due to dismal punctuality, breakdowns and poor service. On a two-day trip, Bilger plans…
In view of the punctuality crisis at Deutsche Bahn, Federal Transport Minister Steffen Bilger is planning consequences for the executive floor.
The new Federal Transport Minister Steffen Bilger also has to take care of discipline on the railway board. He wants to get on with the bonus payments. It wouldn't be the first time.
The federal government is planning a new financing agreement with the railway, which will regulate how many billions of money will be spent on rail infrastructure. These funds will be linked to specifications, which will also have an impact on the management bonuses.
The new Federal Transport Minister Steffen Bilger increases the pressure on the management level of Deutsche Bahn.
Given the continued delays in Deutsche Bahn, Transport Minister Bilger has increased the pressure on the Group's management level.
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