VRR vehicle financing model co-developed by Heuking Kühn Lüer Wojtek also prevailing in the Lower Rhine network proceeding

In the proceeding for awarding transport services on the RB 33 and RB 35 lines (Lower Rhine network), the vehicle financing model co-developed by Heuking Kühn Lüer Wojtek has now been prevailing for the third time over conventional financing models. Stimulating the competition due to the innovative model and consequently more favorable pricing will allow the taxpayer to save money.
 
The Rhine-Ruhr Transport Association (VRR) invited new bids for the transport services on the RB 33 (Wesel - Mönchengladbach) and RB 35 (Emmerich - Düsseldorf) lines with the support of Heuking Kühn Lüer Wojtek. The vehicles required for the operation of the lines must be procured by the railroad company. The VRR vehicle financing model also allows smaller railroad operators to profit from favorable local loan conditions. Abellio Rail NRW GmbH is to be awarded the contract after expiry of the advance information period.
 
VRR financing model accepted by the market
 
"We are very pleased that for the third time now an offer with the VRR vehicle financing model has prevailed. It shows that this model is highly attractive for smaller, private railroad operators. By participating in the procedure, the competition for favorable pricing is considerably improving," said Dr. Ute Jasper, Partner at Heuking Kühn Lüer Wojtek, who jointly with Dr. Kristina Neven Daroussis co-developed the VRR vehicle financing model.