the Trainsition The industry and also the entire market on and around the railways is changing. The transformation of companies brings new challenges and makes technical progress and ecological awareness indispensable. We are ready: We have been developing towards the future for years, so that with us you have a partner who is always at the cutting edge. With sustainable concepts from Northrail, you are now shaping the rail mobility of tomorrow — far-sighted, appreciative, effective.


RIVE Private Investment announces the acquisition of Northrail

Press Release


Northrail releases hydrogenated vegetable oils as fuel for its diesel fleet

Press Release


Northrail gains Eduard Tissen as an experienced business development employee for regional rail transport projects

Press Release

Our Services

Rental of rail vehicles

Northrail is an all-round service provider for the leasing of diesel, electric and hybrid locomotives of all performance classes for shunting, feeder and line service. We take over the entire technical and also commercial management for the approximately 450 locomotives, multiple units and passenger coaches that we manage. Our work often begins before the vehicles are even on their wheels. As a moderator between vehicle operators and manufacturers, we accompany the development of the vehicles and manage the construction phase from the specifications to commissioning.

Northrail takes care of the marketing, the initial and subsequent leasing as well as the technical asset management of the vehicles. In addition to construction support, this includes the timely compliance with all maintenance and inspection measures. In the area of commercial asset management, Northrail takes on tasks such as portfolio controlling, reporting and insurance claims processing. The service package is rounded off by owner and ECM activities.

Range of Services

As convinced railway people, we know how important it is to operate reliably in the market, but also to be able to react quickly and flexibly to market developments if necessary. All our services for rail transport and industrial companies, ports or shunting service providers are geared towards this.

Northrail leases hybrid and diesel locomotives for shunting, feeder and mainline services as well as electric and hybrid locomotives for mainline services in nine European countries on behalf of various portfolio companies and private and institutional investors. We cover the short-, medium- and long-term vehicle requirements of our tenants quickly and easily and also work with them to develop solutions and ideas for spot transport, short-term peak coverage and even complete fleet concepts.

The variety of types and services in our fleet allows our customers to make operational adjustments – even at short notice. To this end, we continuously purchase suitable new or also young used rail vehicles, or actively accompany new vehicle developments from the drawing board to commissioning. For the operation of rail vehicles, we support our customers with all relevant technical and commercial services.

Investment Management

With a 30% market share, Northrail is the number one European-based rental provider of locomotives for shunting and short/medium-haul operations and is also very prominently represented with innovative mainline locomotives in selected markets.

This is also based on the highly specialised and innovative rail financing expertise of Northrail Investment Management GmbH, which continuously presents suitable rail investment opportunities to its international private and institutional investors. All investments benefit from in-depth market knowledge, a broad network in the equity and debt markets, a high level of technical expertise and the daily handling of leasing as well as buying and selling of locomotives and multiple units. Together with our investors and tenants, we take care of a smooth process from the initial idea to the implementation of innovative investment and financing projects.

The railway will play an increasingly important role in the future. That is why we arrange and structure investments in rail vehicles. The focus is on locomotives and multiple units, or passenger coaches, preferably entire portfolios of new or used vehicles. In addition, we are also involved in publicly tendered regional rail transport projects. We have deliberately selected the main European markets as target markets for our investments.

Our History


Foundation of Northrail GmbH as a joint venture between the Hamburg Paribus Group and the Port of Kiel .


Management of over 80 locomotives

Declaration of Conformity for ECM according to EU Regulation 445/2011 for Northrail Fahrzeugverwaltung GmbH


Asset management including construction supervision for the Marschbahn fleet (15 diesel mainline locomotives, 90 passenger coaches, 3 diesel multiple units)


Acquisition of a portfolio of 31 diesel locomotives


Marketing of 25 Siemens Smartron electric locomotives


Asset management of 18 Siemens Vectron locomotives and 12 hybrid shunting locomotives Alstom Prima H3


Northrail is now fully owned by the Paribus Group and its management respectively


Asset management including construction supervision of 55 battery multiple units (BEMU) of the battery network Schleswig-Holstein of NAH.SH


Asset management including preparation of specifications (together with the manufacturer) and construction supervision for the newly developed Vossloh Modula series.

Northrail Fahrzeugverwaltung GmbH receives approval to carry out maintenance (ECM certification in accordance with Implementing Regulation (EU) 2019/779)


Framework purchase agreement with Siemens for 30 Vectron Dual Mode locomotives fully utilised one year after conclusion of contract

Purchase contract and asset management for 35 new Vectron AC locomotives leased to SBB Cargo


Dr. Volker Simmering
Member of the Executive Board
Chief Executive Officer
Chief Financial Officer

Northrail AG

+49 40 8888 00 6-160

Michael Trentzsch
Member of the Executive Board
Chief Investment Officer

Northrail AG

+49 40 8888 00 6-166



The mobility turnaround is taking place on the railways. Northrail has therefore been developing tailor-made rental offers for locomotives of different performance classes for shunting and mainline locomotives and passenger rail vehicles since 2008.

Are you looking for a solution for light and medium-weight mainline freight services, delivery services to marshalling yards, terminals and train formation points? Are you an operator of mainline locomotives and passenger trains? Are port or feeder services, shunting and construction train services, infrastructure logistics or the last mile to and from your own track your subject? With approximately 450 locomotives, multiple units and passenger coaches for freight and passenger transport in Europe, Northrail is sure to have the right vehicle for you. Let's talk about how this can become the solution that's right for you.

Here is our current locomotive fleet and the complete locomotive data sheets:

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Northrail by Numbers

Rail vehicles in management
Rental Customers

Locomotive fleet in operation

Northrail is excellently positioned in the European market. The locomotive fleet includes traditional shunting and universal locomotives as well as state-of-the-art electric and hybrid locomotives and battery-electric regional trains.

The currently managed locomotive fleet is currently in operation in nine European countries:

  • Austria
  • Denmark
  • France
  • Germany
  • Italy
  • Netherlands
  • Norway
  • Sweden
  • Switzerland
Karte Europa Northrail Karte Europa Northrail


The rail vehicle industry is always on the move. It plays a key role in achieving the energy transition in the transport sector. As an asset manager and leasing service provider of the necessary vehicles, Northrail is a significant part of this turnaround. In addition, we design innovative investments with a team of capital market experts with many years of experience. We see ourselves as the link between rental customers, locomotives and investors.

With creativity and courage, we are constantly opening up new markets and assets. We live flat hierarchies as well as short coordination and decision-making paths in a personalised corporate culture. We have a lot planned and offer attractive fields of activity and positions for all levels of experience.

Applications can be submitted easily and conveniently using the application form provided in the current job advertisements.

Interested in working for Northrail? Try a

Speculative Application

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Vielen Dank!