Traktionssysteme Austria has appointed NSB subsidiary Mantena to provide servicing, maintenance and spare parts for the Norwegian market.
Polish firm Track Tec has acquired a concrete sleeper factory at Svilajnac in Serbia from Porr Bau and Maba Track Solutions business Track Experts. This adds a further 200 000 sleepers/year to Track Tec group‘s total production capacity, which is now 1·5 million sleepers/year.
Transport telecoms supplier Mida Solutions has joined the eLTE Industry Alliance.
Italian testing, inspection, certification and consulting engineering group Rina has signed an agreement to acquire UK-based Edif Group from Phoenix Equity Partners for £118·5m. This will be funded through an equity capital injection from Rina shareholders VEI Capital and NB Renaissance Partners, alongside a new financing facility provided by BNL - BNP Paribas Italy, Unicredit Group, and Banca IMI. ‘This acquisition is strategic and fits very well with Rina due to Edif’s profile in the energy, transport, defence, industry and infrastructure markets’, said Rina Chairman & CEO Ugo Salerno.
In an effort to prevent any further delays to the project, from October Bombardier Transportation is to transfer the production of light rail vehicles for Toronto regional transport authority Metrolinx from its Thunder Bay plant to the Kingston site.
International rolling stock financing body Eurofima has joined the Rail Working Group which represents the rail industry’s position relating to the implementation of the 2007 Luxembourg Protocol to the Cape Town Convention on International Interests in Mobile Equipment.
On May 20 Groupe Eurotunnel signed a conditional agreement to purchase STAR Capital’s 51% stake in ElecLink, which was established in 2011 to develop a high voltage DC interconnector to link the electricity markets of Great Britain and France via the Channel Tunnel.