Adjusting DB E.C.O. Group's management structure for future growth

13. December 2023, 15:00 o'Clock

Article: Adjusting DB E.C.O. Group's management structure for future growth

CEO Niko Warbanoff will continue to head the Group and DB International Operations • Andrea Bertallot will head DB Engineering & Consulting from January 2024

The DB E.C.O. Group, which has operations in Germany and abroad, will reallocate responsibilities within its management team from January 2024. Within the Group, Andrea Bertallot will become the Chair of the Board of Managing Directors of DB Engineering & Consulting GmbH (DB E&C) - one of the largest engineering companies in Europe with more than 6,000 employees. Ms. Bertallot, current Managing Director for German market, will report to Niko Warbanoff, CEO of the DB E.C.O. Group and Chair of the Board of Managing Directors at DB International Operations (DB IO), the second major company within the group.

The growth of both divisions and future changes to the business in Germany and worldwide have prompted the further development of the management team. "I am very proud that we have been able to implement so many successful projects for our clients over the past few years and have grown so much as a result. We will become even more effective now that several shoulders can share management responsibility," said Niko Warbanoff, who has been the driving force behind DB E&C in nearly 14 years of leading the company.

Berthold Huber, Member of the Management Board for Infrastructure at Deutsche Bahn AG, thanked Warbanoff for his dedication: "The fact that the DB E.C.O. Group has grown so profitably is also and especially thanks to Niko Warbanoff."

About the DB E.C.O. Group

Since April 2010, the engineering and consulting company DB E&C has increased its revenues from about 100 million euros to over 700 million euros. The order book currently stands at over 1.1 billion euros.

Founded in 2017 and operating outside Europe, DB IO has successfully acquired operations contracts in recent months, adding double-digit billions to its order books. The company has been commissioned to operate transportation systems in India, Canada and Egypt. According to forecasts, the DB E.C.O. Group will employ more than 10,000 people in a few years and target sales of 1.5 billion.