*DJ Deutsche Bahn: No Plans To Take Part In Russia Rail Privatization

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July 28, 2010 04:49 ET (08:49 GMT)

*DJ Deutsche Bahn: Arriva Deal Should Still Generate EUR1B Rev In '10

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July 28, 2010 05:06 ET (09:06 GMT)

DJ Deutsche Bahn: No Plans To Take Part In Russia Rail Privatization

FRANKFURT (Dow Jones)--German railway operator Deutsche Bahn AG has no plans to participate in the privatization of Russia's railway, Deutsche Bahn Chief Executive Officer Ruediger Grube said Wednesday.

The Russian government said in May it is seeking a greater cooperation between Russian Railways and German companies such as Deutsche Bahn AG and Siemens AG (SI) in launching high-speed trains in Russia.

-By Beate Preuschoff, Dow Jones Newswires; +49 69 29725 500; djnews.frankfurt@dowjones.com

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(END) Dow Jones Newswires

July 28, 2010 05:26 ET (09:26 GMT)

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