Arriva expands in Germany and in Denmark
The British transport services company
announced in September the 100% acquisition
of Wulff Bus A/S for £10.3 million (€15.5
million).
Wulff operates city and regional bus
services in Jutland. (continental part of the
country).
Arriva, which also operates two rail
franchises, has currently a 33% market share
in the Jutland and a 40% market share in the
Greater Copenhagen Area.
Arriva also announced in September the
purchasing of 77% of Regentalbahn (RBG) a
regional railway company in Bavaria. RBG
operates rail services on a 600km long
network, in connection with Czech Republic
and Switzerland. With 80 trains, RBG traffic
reaches 11 million train kilometers.
The Land of Bavaria, owner of the network
infrastructure, has decided to transfer the
property of the rolling stock through a
tendering procedure.
Arriva won this bid
representing €63 million. However, the Land
of Bavaria imposed to keep the structure of
the company until 2010.
Arriva had a turnover of €2.6 bn in 2003 and
its operating profit on international activities
shot up by 41% during the first semester of
2004.
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Updated : December 9, 2004
