NS pulls out of United Kingdom after 20 years; Sells off Abellio train and bus lines [NL Times]
Date: 01/03/2023
The Dutch national railway NS has sold off its British subsidiary, Abellio, to the British management. The rail operator announced this in an internal communication that was obtained by ANP. The move marks the end of the Dutch railway's presence in the United Kingdom, where the company had been active since 2003.
For several decades, NS was a major player in other European countries, but decided a few years ago to focus more fully on the Netherlands again. The foreign investments generated significant revenue, but also additional fears. Abellio suffered major losses in Germany, and the rail operator came under fire in Scotland for failing to meet certain performance targets.
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Tags: x Abellio x NS
