Deutsche Bahn: strikes possible as company might enter the stock market

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14 September 2006 à 08h33

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2 minutes

Publication: 14 September 2006 à 08h33

Reading time: 2 minutes

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Negotiations between labour unions and Deutsche Bahn over a possible entrance in the stock market have failed. The labour unions Transnet and GDBA interrupted, on September 12th, the talks which have already lasted for several months and said warning strikes were possible at the end of the month. (Ref 06894)
Publication

14 September 2006 à 08h33

Reading time

2 minutes

Publication: 14 September 2006 à 08h33

Reading time: 2 minutes

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Staff representatives of the German railways wanted to renegotiate the tariff agreement for 2005, which provides for a guarantee of employment until 2010 for the 180 000 employees of Deutsche Bahn. They are worried about the consequences on jobs of a partial privatization of the firm. The Bundestag must decide if the company will enter the stock market or not, before the end of October. Former chancellor Gerhard Schröder and the former minister-governer of Saxony, Kurt Biedenkopf, have interven

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