IPO, serious accidents: long-distance bus operator Flix has had turbulent months. What is the secret of the company with the green buses? How did it grow in just a few years into a mobility group valued by experts at four billion euros? Krone+ shows how the aggressive and well-considered pricing policy works.
The frog green buses are a hit. German long-distance bus and train operator Flix transported 36 million people worldwide in 42 countries in the first half of 2023 alone. The Munich-based company was satisfied with a half-year turnover of 860 million euros and Flix will go public in the spring. 2024. Analysts estimate the former start-up at four billion euros. However, this increase is overshadowed by serious accidents, which, like in Carinthia, Turkey and Italy, even cause fatalities.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
