(Berlin, June 24, 2009). During its scheduled meeting held on Wednesday in Berlin, the Deutsche Bahn AG’s Supervisory Board dealt primarily with the further restructuring of the Group’s structure, as well as with the effects of economic and financial crisis. Dr. Werner Müller, Chairman of the DB Supervisory Board noted in this context: “The promised new beginning is off to a very good start. The problems noted in recent weeks have been handled well, the new organization has made good progress, and we were able to fill the important key positions.”
The Supervisory Board noted its appreciation to Dr. Grube and the new Management Board for the work they accomplished in the first few weeks. “The Supervisory Board proposed the establishment of a new Board division, Technology, Integrated Systems Rail and Services, to Dr. Rüdiger Grube, the Chairman of the Management Board of Deutsche Bahn AG. The new division should be staffed by September. Dr. Grube noted: “DB is currently facing numerous technical challenges because manufacturers are simply not keeping their performance promises. This deficit has made it necessary for us to bundle together all of the Group’s technical and engineering competence at Management Board level so we can demand and ensure that the level of quality we receive is better than in the past. It must be clear to all concerned parties that safety is, and will remain, the top priority.”
Dr. Grube further advised the Supervisory Board about the measures DB will take to counteract the consequences of the economic and financial crisis. The Management Board established the Group reACT 09 program consisting of 13 individual projects that should save up to 2 billion euros in the mid-term.