POLAND: Axtone has acquired 100% of the shares of HSW Zakład Sprężynownia, which produces hot rolled coil springs for rail vehicles and other applications. Around 60% of its production is for export, with the company holding certifications in Poland, Germany, the Czech Republic, Slovakia and the USA.
Announcing the acquisition on July 24, Axtone said it would exploit synergies and help position the company as a market leader in the supply of coil springs for rolling stock.
INNOTRANS: The decision to move InnoTrans from September 2020 to April 27-30 2021 because of the coronavirus pandemic has received widespread support, organiser Messe Berlin says. ‘We are delighted that with this very complex and complicated measure we are able to offer an adequate alternative to ...
EUROPE: So far this year Stadler has awarded ABB orders worth more than US$180m to provide traction systems and battery energy storage for locomotives and trainsets to be supplied to operators in Europe and North America. This total includes customised electrical equipment for the 71 multiple-units ...
GERMANY: Vossloh AG finalised the sale of its Locomotives business unit to CRRC Zhuzhou Locomotive on May 29, with the tranaction to taken effect from May 31. This follows the completion of regulatory approvals in Germany and abroad during April. Following its strategic decision to ...
Hübner Group has consolidated its rail businesses, including those producing gangways, doors, cab displays and other rolling stock components, into a single unit. The new rail segment is headed by Huschke Diekmann, who was previously a senior manager at Wabtec’s former GE Transportation arm. ‘We want ...
CHINA: Robel Group has established Robel Railway Engineering Technology (Shanghai) Co Ltd to serve the Chinese market. ‘For many years, China has seen a huge expansion of its railway infrastructure’, said Robel Managing Director Wolfgang R Fally. ‘This infrastructure will have to be maintained. We regard ...
STADLER: Stadler Group CEO Dr Thomas Ahlburg has left by mutual agreement with the board, owing to ‘different views’ regarding strategic and organisational development, the company announced on May 21. Executive Chairman Peter Spuhler has returned to his previous role of Group CEO on an interim ...
