Pakistan’s Ministry of Finance has invited private sector proposals for a 25-year concession to manage the Risalpur locomotive factory. The government is hoping private finance can be used to fund modernisation, with the ambition of producing 25 locomotives/year for Pakistan Railways. Export opportunities would also be sought.
Rolling stock composite component manufacturer Plastwag is investing 10m złoty in a new production hall at its Mielec site in Poland.
The RailComp joint venture of Alstom and Transmashholding has opened an asynchronous traction drive production facility at TMH’s Novocherkassk Electric Locomotive Plant.
Sener has acquired a 48% stake in Brazilian civil engineering company Setepla, and has an option to require the remaining shares in 2015. Setepla is involved in projects including São Paulo metro Line 4 and the Line 15 monorail.
Trapeze Group has taken over the passenger transport software activities of Telent AG for an undisclosed price.
Swedish smart card manufacturer Arcontia has opened an office in Mexico City to serve the Latin America market.
Alstom’s Transport Life Services business has opened a brake and damper equipment overhaul and repair facility in Madrid. It will initially overhaul hydraulic brakes for Citadis trams, before expanding to cover grease analysis, and traction motor and bogie overhauls.
Planning and scheduling software company HaCon has opend a UK office in Milton Keynes.