Railway supply industry news
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News
Fitch says rolling stock lessors are resilient to economic challenges
EUROPE: Rolling stock lessors in Europe are benefiting from continued rail traffic recovery and have resilience to higher interest rates, adequate leverage and long-term funding profiles, according to a report from Fitch Ratings. Fitch says European policies favouring environmentally friendly transport will support both the passenger ...
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News
Railway maintenance equipment partnership
INTERNATIONAL: British maintenance equipment supplier Thomson Engineering Design has selected Unipart Rail as its exclusive sales and distribution partner across Europe, Asia, New Zealand, Australia and North America. The companies are working in partnership to introduce a ‘revolutionary’ range of machines to provide the benefits of ...
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News
Stadler to open Berlin train commissioning centre
GERMANY: Stadler is to establish a facility at Hennigsdorf near Berlin where it will commission rolling stock produced at its Berlin Pankow plant. Opening is planned by 2027, with Stadler’s current commissioning centre in Velten to be converted into a servicing centre which will undertake modernisation, ...
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News
Domestic content boost for Ukrainian rolling stock
UKRAINE: National railway Ukrzaliznytsia has ordered 66 coaches from KVSZ which will include facilities for passengers with reduced mobility and will have an increased proportion of domestic content. The government has provided 260 million hryvnias to support the localisation of production by 160 Ukrainian suppliers. Announcing ...
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News
Hungarian consortium proposes Talgo takeover
SPAIN: Hungarian consortium Ganz-Mavag Europe has put forward a €619m offer to buy 100% of Talgo, which said the offer was attractive. However, the Spanish government is not keen to see the company in foreign ownership, and options including a potential takeover by CAF are reportedly ...
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News
MSC’s purchase of Italo stake approved
ITALY: The European Commission has approved Mediterranean Shipping Co’s planned acquisition of a 50% stake in open access high speed train operator Italo-NTV from Global Infrastructure Partners. The transaction announced in October was examined under the normal merger control procedure, with the Commission concluding that there ...
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News
Cheaper rolling stock financing predicted as Luxembourg protocol comes into force
INTERNATIONAL: A global treaty designed to make it easier and cheaper for the private sector to finance railway rolling stock came into force on March 8. The Luxembourg Rail Protocol to the Cape Town Convention on International Interests in Mobile Equipment is a treaty under the ...
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News
ABB to set up traction centre after Queensland EMU contract win
AUSTRALIA: ABB has been awarded a US$150m contract to provide complete traction packages for 65 electric multiple-units which Hyundai Rotem is to supply under the Queensland Train Manufacturing Programme. The company is also to invest US$6m to establish a traction centre of excellence in Maryborough with ...
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Rail Business UK
Porterbrook purchases Long Marston Rail Innovation Centre
UK: Porterbrook has purchased the freehold of the Long Marston Rail Innovation Centre from St Modwen. ‘This deal provides absolute clarity for our business, our shareholders and the wider rail industry over the long-term future of Long Marston Rail Innovation Centre’ said Poterbrook CEO Mary Grant ...
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News
Open Sales & Distribution Model API sandbox launched
EUROPE: Train ticket retailing technology company Benerail has launched an Open Sales & Distribution Model API sandbox as an experimental ‘playground’ for companies to share ideas and collaborate. The OSDM was developed jointly by UIC, train operators and ticket vendors to provide a European industry standard ...
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Rail Business UK
‘A day for the history books’ as Siemens to relocate Chippenham signalling factory
UK: Siemens Mobility has announced plans to relocate its existing rail control and signalling factory in Chippenham to a newly built site on the edge of the town by the end of 2026. The move was announced on March 4 at a ceremony in the factory ...
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News
Railway supply industry news round-up
Viaggio Comfort coaches being supplied to Czech national operator ČD by a consortium of Siemens Mobility and Škoda Transportation are being tested in Austria using instrumented wheelsets designed and produced by PJM in Graz. The global market for control, command and signalling systems is currently €19·3bn ...
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Rail Business UK
Porterbrook takes stake in Brodie Engineering
UK: Rolling stock leasing and asset management company Porterbrook has agreed to take a 49% stake in Brodie Engineering, which specialises in the heavy maintenance, refurbishment and overhaul of passenger and freight vehicles. Brodie Engineering was established in 1996 and now has two sites in Kilmarnock, ...
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Rail Business UK
UK urged to join Eurofima to facilitate access to cheaper rolling stock finance
UK: Eurofima is urging British policymakers to sign its convention, which would facilitate UK rail organisations’ access to cheaper funding for rolling stock and other equipment.
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News
Smart Train Lease aims ‘to make renting trains as easy and simple as renting a car’
GERMANY: Siemens Mobility has established a leasing subsidiary that would enable train operators to use its Mireo Smart battery, hydrogen and electric multiple-units without needing to make long-term investment commitments. Smart Train Lease GmbH would make available at short notice multiple-units already approved for operation. These ...