Friday, 3 September 2010

DSB denies Øresund claims

DSB says reports claiming DSBFirst Sweden, which operates the Øresund crossing, is making huge losses are incorrect. It says the loss of SKr 16 million was due to planned - and anticipated - start-up costs in the first year of operation.



DSBFirst Sweden has a seven year concession which started in January 2009. Under Danish rules, DSB's overseas operations must make a profit margin of 5%, though this applies to the whole operation rather than a specific part of it.

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