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Driving the Trainsition forward together

The objective is clear: we want more freight to be transported by rail and the industry to make decisive progress. To achieve this, we maintain close dialogue with our customers and partners, understand the market and look closely at what the rail operations of tomorrow really need to remain competitive. We invest in new technologies, have the courage to explore new paths and help shape innovation. In this way, we support our customers in the Trainsition of their fleets into the future – and together, we are putting more vehicles on Europe’s railways.

Management in conversation with a tablet at the conference table

Milestones

Our journey ahead

Northrail is always on the move. With one unchanging ambition: to provide our customers with quality and reliable service now and in the future.

Joint venture between Paribus and the Port of Kiel

2008: founding
  • Began as asset manager for the first rail funds for German private investors

  • Focus on diesel shunting locomotives

Asset management and initial activity in regional passenger transport

2009–2016: professionalisation
  • Building of a professional team for the management of rail vehicles

  • Won contract to supply trains as part of the Marschbahn concession

Growing fleet and RIVE Private Investment as anchor investor

2017–2023: growth
  • Acquisition of shunting locomotives and modern electric and hybrid locomotives

  • Further transactions in passenger transpor

Market entry into other European countries and continued growth

Since 2024: expansion
  • Presence in France and Poland

  • Secured financing through new credit facilities

  • Expanded the portfolio to meet market demand

Sustainability and ESG

How we put sustainability into practice

For us, sustainability is part of responsible business. That is the case today and will remain so as we continue to grow. In this context, we are guided by leading international standards such as the UN Global Compact, the United Nations Sustainable Development Goals and the OECD Guidelines for Responsible Business Conduct.

Dr. Volker Simmering und Bjoern Schwarten, Management Board of Northrail

Our management

Shaping the transformation together

Dr Volker Simmering (CEO) has been guiding Northrail since 2009 and brings more than 20 years of experience in the finance, investment and transport sectors. Björn Schwarten (CFO), who joined Northrail in 2025, has also worked in finance for more than 20 years, including more than 10 years in the rail industry.

Together, they represent a clear set of principles: customer proximity, high standards of quality and the courage to explore new paths. They want to do more than simply accompany transformation in the rail sector – they want to shape it and drive it forward. In this context, “The Trainsition” represents their ambition to forge new paths together with customers and partners and turn ambition into tangible progress.

The management board is supported by an experienced and diverse team of managers.

Marc Guenther, Head of Controlling at Northrail
Marc Günther, Head of Controlling
Daniela Hasche, Head of Legal and Compliance at Northrail
Dr Daniela Hasche, Head of Legal
Birgit Mazur, Head of Sales Group at Northrail
Birgit Mazur, Head of Sales Group
Danny Mueller-Droege, Head of Sales DACH Region at Northrail
Danny Müller-Dröge, Head of Sales DACH Region
Bjoern Nielsen, Head of ECM, Keepership and Fleet Management Projects at Northrail
Björn Nielsen, Head of ECM, Keepership and Fleet Management Projects
Inna Veselova, Head of Finance and Administration & Human Resources at Northrail
Inna Veselova, Head of Finance and Administration & Human Resources
Martin Weber, Head of Engineering and Fleet Management at Northrail
Martin Weber, Head of Engineering and Fleet Management

Facts and figures

Northrail at a glance

55

2008

430

1.5

Dr. Volker Simmering, Chief Executive Officer at Northrail
Bjoern Schwarten, Chief Financial Officer at Northrail
‘Northrail is one of the innovators in the rail vehicle lease market. We take bold action, identify trends early on and set the highest standards in terms of quality and customer focus.’

Dr Volker Simmering

Chief Executive Officer

‘We work to support a strong rail industry. Our approach is: listen, understand and develop together.’

Björn Schwarten

Chief Financial Officer

RIVE Private Investment’s website on a tablet

RIVE x Northrail

On track for growth with RIVE Private Investment

With RIVE Private Investment, Northrail has a strong strategic partner at its side. We have worked closely together since 2017, with this partnership strengthened by the acquisition of a majority stake in May 2024. Our shared vision is to further develop Northrail as an integrated European leasing platform and to drive forward decarbonisation in Europe.

We could hardly be more central: our office is located in the heart of Hamburg, just a few minutes from the Speicherstadt warehouse district and Hamburg Central Station. Inside, modern, bright spaces await – with views all the way to the Elbphilharmonie concert hall.

Northrail office – exterior view
Northrail Office courtyard
Northrail Office Site Plan