Facts and figures - background information
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Sep 19, 2016
DB Cargo and wagon hire and rail logistics company VTG AG have won a contract put out to tender by the Federal Ministry of Transport and Digital Infrastructure (BMVI) for the "Innovative Freight Cars" research project. The project has a volume of around EUR 17 million and will run until the end of 2018. Its aim is to develop quiet, energy-efficient freight cars with lower operating costs.
Aug 30, 2016
VTG Aktiengesellschaft raised its profitability significantly in the first half of 2016. Although Group revenue of EUR 493.3 million (first half of 2015: EUR 512.3 million) and EBITDA of EUR 165.8 million (first half of 2015: EUR 168 million) were both down by a small amount year on year, Group net profit improved sharply, increasing by around 50 percent to EUR 26.7 million (first half of 2015: EUR 18.1 million).