DB Schenker buys 49% stake in NordCargo

Railion Italia (Photo: DB)

ITALY: On September 17 DB Schenker subsidiary Railion Italia announced that its offer for a 49% stake in Milano-based rail freight company NordCargo had been accepted. Spun off from parent company Ferrovienord in 2003, NordCargo operates between Germany, Switzerland and Italy, with 182 employees and revenue of €34m in 2007.

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