Kraków-based ZUE has agreed to purchase up to 70% of ThyssenKrupp’s Polish track business Railway GfT Polska.
Hungarian rolling stock manufacturing and maintenance company Dunakeszi Járműjavító and Stadler Rail have signed a memorandum of understanding for the joint production of vehicles for the Hungarian market.
Lifting equipment supplier Mechan has appointed Arabian Railway Co as its Middle East agent.
EUROPE: German regional operator BeNEX is to acquire Abellio’s German subsidiary from Dutch national operator Nederlandse Spoorwegen. The transaction covers the shares in Germany held by ATH Rail Transport Beteiligungsgesellschaft Deutschland GmbH and includes Abellio Rail Mitteldeutschland GmbH Halle (Saale) and Westfalenbahn GmbH Bielefeld, as well ...
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. The joint venture will focus on components such as ...
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’. The former General Railway Signal Co was established in 1904 through the merger of ...
