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.
UK: Hitachi Rail Ltd has agreed to acquire Southampton-based condition monitoring specialist Perpetuum as part of a strategy to strengthen the use of digital technology in rail operations. Established as a university spin-off less than a decade ago, Perpetuum developed the use of bogie-mounted self-powered ...
Source: USA Rail USA: Investors Alpenglow Rail and Connor, Clark Lunn Infrastructure have acquired USA Rail Terminals from Texas-based family investment companies High Roller Group and Jim Donnan Companies. USA Rail has two terminals in the Gulf Coast region which provide services ...
INDUSTRY: Alstom’s proposed acquisition of Bombardier Transportation was approved by the European Commission on July 31, subject to full compliance with a number of commitments offered by Alstom. ‘Thanks to the comprehensive remedies offered to solve the competition concerns in the areas of very high speed, ...
Luxembourg-based Beacon Rail Leasing has rebranded as Beacon , adopting a new brand identity developed with UK design and marketing agency Fellowship. The Issarts Capital business controlled by Wabtec board director Erwan Faiveley announced on July 29 its intention to sell ...
USA: American Railcar Industries has been renamed American Industrial Transport, as part of its strategy of focusing on leasing and repair activities following the sale of its wagon and components manufacturing business to The Greenbrier Companies last year. It will also been known by its wagon ...
