German Arriva buys the whole Central European division of Veolia
In one of the biggest deals on the Czech transportation market, the company Arriva, which belongs to the state-owned German train operator Deutsche Bahn, is set to purchase the Central European division of the French transportation company Veolia. The majority of this division’s business lies in the Czech Republic, where it employs 2,600 people, and operates 1,600 buses and four regional train services. Veolia is currently the biggest bus operator in this country. The German buyer is not a newcomer to the Czech market either, though Arriva has been struggling to gain a foothold in the local railroad network. It is planning to run express trains in Central Bohemia between Kralupy nad Vltavou and Benešov.