Railway supply industry news
Latest business news from the global railway supply industry, including company mergers, acquisitions and financial results.
Components joint venture agreement
INDIA: The AT Railway a subsidiary of Amber Enterprises India has signed a joint venture agreement with South Korea’s Yujin Machinery to design, manufacture, and develop critical components for various types of rolling stock used in India.
Knorr-Bremse enters signalling market with North American acquisition
NORTH AMERICA: Knorr-Bremse announced on April 19 that it had agreed to buy Alstom’s North American conventional signalling business, with a deal that is expected to be formally concluded ‘in summer 2024’.
Shining a light on Dutch depots
NETHERLANDS: Local company Raillighting has developed a low-cost lighting assembly for illuminating walkways and other work zones which can be rapidly installed by hand.
Railway supply industry news round-up
This week’s news from the global railway supply chain.
Railcoop on brink of liquidation as financing gap stymies restructuring hope
FRANCE: Open access co-operative Railcoop is expected to be formally liquidated on April 29, the company President Nicolas Debaisieux has confirmed.
Rolling stock leasing company investment
UK: Independent European fund manager Arjun Infrastructure Partners and University Pension Plan Ontario have announced an investment in Angel Trains, along with the formation of a partnership to pursue further investment opportunities in OECD countries.
Railway supply industry news round-up
Portuguese and UK railway industry associations to co-operate
UAE rail services business launched
European Rail Timetable business for sale
Amtrak adopts Delivery Partner model to deliver Baltimore tunnel project
Railway supply industry news round-up
Rail skills shortage must be addressed to meet Europe’s environmental targets
CRRC drops Bulgarian train bid following EU investigation
Fitch says rolling stock lessors are resilient to economic challenges
Railway supply industry news round-up
Railway maintenance equipment partnership
Stadler to open Berlin train commissioning centre
Railway supply industry news round-up
Domestic content boost for Ukrainian rolling stock
Hungarian consortium proposes Talgo takeover
MSC’s purchase of Italo stake approved
Cheaper rolling stock financing predicted as Luxembourg protocol comes into force
ABB to set up traction centre after Queensland EMU contract win