Opportunity and risk report

Significant opportunities

Opportunity categorySignificant opportunitiesProbability of occurrenceImpactRelevanceChange compared with 2025 Annual Report
Procurement and energy marketProcurement price opportunitiesEliminated 
Financing from the Federal budgetSupport for rail freight transportEliminated 
Law and contractsCompensation for damages for construction delaysEliminated 
Economic climate, market and competitionCompetitive advantage of rail due to high fuel pricesLikelyLowLow 
Market opportunities in freight transportEliminated 
Additional revenues from vehicle salesLikelyLowLow 
RegulationECJ ruling on price cap for regional rail transport is applied analogously to the station pricing systemPossibleLowLow 
Capital markets and taxesFalling interest rates on the capital marketsPossibleLowLow

Unevaluated opportunities, that is opportunities that could not be evaluated as of June 30, 2026, are not included in the table.
The methodology for assessing probability of occurrence, impact and relevance is unchanged and is described in the 2025 Annual Report.

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