Deutsche Bahn acquires Polish railroad

Deutsche Bahn acquires Polish railroad Deutsche Bahn said it finalized the acquisition of PCC Logistics Group in Poland on Tuesday.
   The agreement defining purchase terms for the largest privately owned freight railroad in Poland had been signed in Warsaw at the end of January. The European Commission approved the takeover on June 12.
   With about 5,800 employees and revenues of 350 million euros (497 million) last year, PCC Logistics is the largest privately owned railroad company in Poland. PCC Logistics comprises several regionally operating companies that specialize mainly in transporting coal, chemicals and construction materials and in sidings services. The company's transport volume in 2008 was about 93 million tons.