All Business articles – Page 9

  • Report of the expert group on competitiveness of the European rail supply industry
    News

    Policies needed to maintain EU rail suppliers’ global leadership

    2019-11-05T11:32:00Z

    EUROPE: A report setting out policy measures which are needed to maintain the European supply sector’s ‘global leadership’ and competitiveness has been published by an EU expert group drawn from across the rail industry. Established a result of a European Parliament resolution in 2016, the group ...

  • Bombardier Transportation factory
    News

    Railway supply industry news round-up

    2019-11-01T05:00:00Z

    Rail.One has open a plant at Schwandorf in Germany for the production of up to 180 000 m of prestressed concrete turnout bearers per year under a 15-year contract awarded by DB Netz in October 2017. The site is close to DB’s turnout plant to ...

  • Vossloh track.
    News

    Progress Rail to buy Cleveland Track Material

    2019-10-31T15:51:00Z

    USA: Progress Rail has signed an agreement to buy specialist trackwork supplier Cleveland Track Material Inc, the largest US company in Vossloh’s Customised Modules division. The €35m sale does not require regulatory approval, and is expected to close in early November. ‘This acquisition allows Progress Rail ...

  • Map of the Liefkenshoek rail link in Antwerpen.
    News

    Liefkenshoek rail tunnel PPP refinanced

    2019-10-29T15:28:00Z

    BELGIUM: The BAM PPP-PGGM joint venture of Royal BAM Group’s public-private partnership arm BAM PPP and Dutch institutional pension fund investor PGGM has refinanced €580m of debt and associated interest swaps relating to the Liefkenshoek rail link in Antwerpen. The 16 km link including a 6·5 ...

  • Russia-Africa Summit
    News

    Railway development opportunities highlighted at Russia-Africa Summit

    2019-10-28T12:18:00Z

    AFRICA: A number of agreements for Russian co-operation in railway development were signed at the inaugural Russia-Africa Summit in Sochi on October 23-24, where 54 African countries were represented with 43 heads of state or government attending. Africa ‘provides unique opportunities for railway development’, First Deputy ...

  • gh-rites mou signing
    News

    Ghana signs rail development MoU with RITES

    2019-10-25T10:12:00Z

    GHANA: The Ministry of Railway Development signed a memorandum of understanding with Indian railway consultancy RITES on October 23 during the International Rail Conference 2019 in Delhi. The MoU, signed by Minister of Railway Development Joe Ghartey and RITES Managing Director Rajeev Mehrotra, aims towards long-term ...

  • HS2
    Rail Business UK

    HS2 streamlines civils subcontracting process

    2019-10-25T07:00:00Z

    UK: The four High Speed 2 main works civils contractors have collaborated to introduce a standardised pre-qualification system for subcontractors which is designed to streamline the process, reduce costs and boost productivity. Under the Common Assessment Standard, bidders for work with Align, BBV, EK and SCS ...

  • Trinity Industries wagon
    News

    Railway supply industry news round-up

    2019-10-25T05:00:00Z

    Trinity Industries has reported Q3 revenue of $813·6m, up 34·1% year-on-year. Wagon orders totalled 2 530 and deliveries 5 320, and its lease fleet reached 102 090 units. ‘Demand continued at lower levels during Q3 due to economic uncertainty associated with industrial production and global trade’, ...

  • Kolkata Sealdah station
    News

    Indian Railways carries Amazon parcels

    2019-10-24T12:35:00Z

    INDIA: Eastern Railway’s Kolkata suburban services between Sealdah and Dankuni are being used to carry parcels for online retailer Amazon in three-month pilot project. Amazon parcels will be carried in the electric multiple-units’ vendor compartments during the off-peak period between 11.00 and 16.00, to avoid impacting ...

  • Transdev subsidiary NordWestBahn has awarded Stadler a €100m contact to supply 16 Flirt electric multiple-units for use on Regio-S-Bahn Bremen/Niedersachsen services.
    News

    Alpha Trains finances Bremen S-Bahn fleet enhancement

    2019-10-24T05:00:00Z

    GERMANY: Leasing company Alpha Trains is to finance enhancement of the Regio-S-Bahn Bremen/Niedersachsen fleet, including the €100m acquisition of new electric multiple-units as well as the refurbishment of existing trainsets. Regio-S-Bahn Bremen/Niedersachsen services have been operated by Transdev’s NordWestBahn since 2010. Following a competitive tender, in ...

  • Tulpar-Talgo coaches for KTZ
    News

    Kazakhstan Railways cancels Tulpar-Talgo coach order

    2019-10-23T09:39:00Z

    KAZAKHSTAN: National railway KTZ has cancelled orders for Talgo-designed but locally produced coaches to be supplied from the Tulpar-Talgo factory in Nur-Sultan, after exchange rate changes raised the cost of sourcing components from abroad. The Tulpar-Talgo plant was opened by a joint venture of KTZ and ...

  • tn_pl-pkpcargo-vectron2_02.jpg
    News

    PKP Cargo looks to acquire Romanian operators

    2019-10-18T12:36:00Z

    EUROPE: Polish freight operator PKP Cargo announced on October 17 that it had started talks to acquire shares in three Romanian operators. Ploiești-based Vest Trans Rail SRL, Ferest Logistics SRL and Romcargounit SRL (both based in București) are active on the Romanian market, and PKP Cargo ...

  • VT_Test-bench_mid
    News

    Railway supply industry news round-up

    2019-10-18T05:00:00Z

    Industry Voith has commissioned a multi-functional transmission test bench at its Heidenheim site in Germany. This can test transmission performance under conditions including temperatures from -50°C to +85°C, mechanical stress, wind flow velocities of up to 180 km/h and ice build-up. It also enables ...

  • The Alstom Ubunye joint venture’s modernised factory in Ekurhuleni near Johannesburg was officially inaugurated on October 17
    News

    Modernised Alstom Ubunye factory inaugurated

    2019-10-17T13:32:00Z

    SOUTH AFRICA: The Alstom Ubunye joint venture’s modernised factory in Ekurhuleni near Johannesburg was officially inaugurated on October 17, in the presence of Premier of Gauteng province David Makhura and the French Ambassador. Alstom acquired a 51% stake in the former Union Carriage Wagon ...

  • Alstom and the Madrid Asperger Association have signed a partnership agreement for people with Asperger syndrome to undertake pre-occupational professional internships
    News

    Alstom launches internships for people with Asperger syndrome

    2019-10-17T05:00:00Z

    SPAIN: Alstom and the Madrid Asperger Association have signed a partnership agreement for people with Asperger syndrome to undertake pre-occupational professional internships at the company’s sites in Spain. This will include theoretical training and practical internships at Alstom’s Railway Signalling Safety Centre in Madrid, ...

  • Saudi Railway Co train
    News

    Saudi Railway Co and Russian Railways to co-operate

    2019-10-14T13:43:00Z

    SAUDI ARABIA: Russian Railways Chief Executive Oleg Belozerov, CEO of the Russian Direct Investment Fund Kirill Dmitriev and Saudi Railway Co CEO Dr Bashar Al Malik signed a co-operation agreement in Riyadh on October 14. The parties expressed interest in Russian participation in the construction and ...

  • Powerlines Group
    News

    Railway supply industry news round-up

    2019-10-11T05:00:00Z

    Business Optima Group ’s 8·65bn rouble offer was the winning bid for a 100% minus one share stake in Russian Railways subsidiary Wagon Repair Co 3 at an auction held on October 3. France’s Engie Group has completed the ...

  • matt-byrne-president-uk-region-bombardier-transportation
    Rail Business UK

    Bombardier Transportation appoints UK region president

    2019-10-11T04:00:00Z

    UK: Bombardier Transportation has appointed Matt Byrne as President of its UK Region and Chair of Bombardier Transportation UK Ltd. He replaces Phil Hufton who has decided to step down for personal reasons, but has agreed to stay for a short period to ensure a smooth handover. ...

  • in-beml-bogie-test
    Urban news

    Indian metro bogie test facility inaugurated

    2019-10-09T05:00:00Z

    INDIA: BEML has inaugurated a bogie and traction motor testing facility at its metro car manufacturing plant at the BEML Bangalore Complex. The company said the indigenously- developed facility was ‘one of its kind’ in India, and would help it to improve metro train reliability and ...

  • eke-Bogie maintenance, photographer Atte Mäläskä
    News

    Data-driven bogie maintenance project launched

    2019-10-08T13:00:00Z

    FINLAND: A project to optimise bogie maintenance through the use of data-driven condition monitoring has been launched by the national railway’s rolling stock maintenance subsidiary VR FleetCare and automation and information systems supplier EKE-Electronics. Sensors and data transmission systems will be installed on VR Group’s locomotives ...