Present in Romania since 2000, the company reported RON6.1 million net profit, almost flat from the previous year. Moreover, the rail freight transporter boosted its number of employees to 771 from 762.
The company previously known as DB Schenker Rail bolstered its local business each year and in 2016 underwent a rebranding process and took over the name of DB Cargo.
Deutsche Bank Cargo Romania competes with state-run CFR Marfa, as well as with private operators like GFR (the largest private carrier), Transferoviar Grup and others in Romania. It works for automotive industry customers (Ford has been employing it to carry the B-Max cars assembled in the plant in Craiova since 2013) and with companies in other sectors such as agriculture and construction.
Deutsche Bahn group also controls DB Schenker in Romania, the logistics unit.
(English version by Catalina Apostoiu)