Railway supply industry news round-up

INIT has opened a software development subsidiary at Maynooth in Ireland.

On November 28 the Länder of Hamburg and Schleswig-Holstein completed the sale of HSH Nordbank to affiliates of Cerberus Capital Management, JC Flowers & Co, GoldenTree Asset Management, Centaurus Capital and BAWAG. The bank which is active in the rolling stock leasing market plans to operate under the name Hamburg ...

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