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Deutsche Bahn AG (Deutsche Bahn Holding; abbreviated DB AG, DBAG or simply DB) is the successor of the former state railways of Germany: the Deutsche Bundesbahn of West Germany, the Deutsche Reichsbahn of the German Democratic Republic and the West Berlin VdeR. The Deutsche Bahn AG was founded on January 1, 1994 and, contrary to its predecessors, is a public limited company. As of 2007, all of its shares are still held by the Federal Republic of Germany, though privatisation is planned. The legacy of the former state railways (like civil servants formerly working for one of the state railways) is held by the Bundeseisenbahnvermögen. The group is the largest German railway enterprise and one of the largest transport corporations in the world. About two billion passengers are served each year.
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