KAZAKHSTAN: Alstom and the Kamkor subsidiary of national railway KTZ signed a memorandum of understanding on September 19 setting out plans to establish an equally-owned joint venture to produce point machines for Kazakhstan and the wider 1520 mm gauge market.
Alstom says its designs offer reduced maintenance costs and improved safety when compared with existing products, and KTZ has undertaken year-long testing to verify their resistance to the country's extremely cold winters.
KAZAKHSTAN: President Nursultan Nazarbayev laid a foundation stone at Nazarbayev University to launch construction of Astana's planned 41·8 km light rail network on July 4.
KAZAKHSTAN: The European Bank for Reconstruction & Development and KTZ agreed to develop an investment programme to reduce the state railway's energy consumption and CO2 emissions at a meeting on May 17.
KAZAKHSTAN: Talgo announced an order to supply KTZ with 420 coaches on November 11, part of an agreement signed the previous week which could see the national railway's fleet of 3 000 inter-city vehicles replaced.
CZECH REPUBLIC: Wheelset and wagon component repair and maintenance company Vítkovické Železniční Opravny has recorded earnings just under KC120m in its first year of operation. VŽO is part of the CE Industries group owned by Jaroslav Strnad, and has invested in developing ...
Knorr-Bremse suspended its guidance for the 2020 financial year on March 27, saying the effects of the Covid-19 crisis had rendered numerous assumptions obsolete. It said a rapid recovery in China, where Knorr-Bremse’s plants have resumed 97% of their operations, showed that with appropriate measures delivery ...
Stucki Roller Bearing has opened a plant in Lincoln, Nebraska, to meet growing demand for reconditioned bearings for locomotive, wagon and passenger transport applications. SRB’s second facility has nearly 40% more space than its primary location in Elizabethtown, Kentucky. ‘In addition to adding space to support ...
