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Deutsche Bahn might be an example. It used to be state-owned, but is now a private company with over 525 subsidiaries. Let me list some of the most important subsidiaries of Deutsche Bahn: DB Regio & Fernverkehr -) Passenger transport by rail. DB Freight -) Freight transport by rail DB Netze -) Management of railway lines DB Station & Service -) Management of all stations DB Energie GmbH -) Electricity company DB Schenker -) Worldwide logistics with ships, trucks, aircraft DB ECO Group (engineering, consulting, operations) DB Software DB Connect GmbH -) Fleet service, car rental, chauffeur service, car sharing DB Autohaus -) Used car dealer Deutsche Bahn Finance GmbH DB Shop -) You can buy honey there. What does that have to do with rail transport? Exactly. Nothing at all!
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