All Railway Gazette International articles in December 2016 – Page 8
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NewsThree Gorges PDL inaugurated
CHINA: The 247 km Chongqing – Wanzhou Passenger-Dedicated Line serving the Three Gorges area and the Yangtze River Economic Belt was opened for revenue operation on November 28. Test running on the route had started on July 16. Operated by Chengdu Railway Bureau using a fleet of CRH2A trainsets running ...
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NewsRailway supply industry news round-up
United Wagon Co has completed the sale of 100% of its Vostok1520 freight transport business to Industrial Investors Group’s First Heavy Haul, and is now to acquire a 19·9% stake in First Heavy Haul Co. Systra has raised €117m in debt with Crédit Agricole Corporate and Investment Bank, Société Générale, ...
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Metro Report InternationalFunding for Chicago Red Line studies
USA: The Chicago Transit Authority board has approved an amendment to its 2016-20 Capital Improvement Plan which adds $75m for preliminary engineering and a final environmental impact statement for the proposed Red Line Extension. This work is required before CTA can apply for more than $1bn in federal funding which ...
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NewsVR Group names CEO
Rolf Jansson has succeeded Mikael Aro as President & CEO of Finnish national railway VR Group. Harri Lukkarinen has replaced Ville Saksi as Managing Director of VR Track, while Saksi has taken over as CEO of Länsimetro Oy, the company overseeeing the Helsinki metro extension to Espoo, following the dismissal ...
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NewsWabtec completes acquisition of majority stake in Faiveley Transport
INDUSTRY: 'The acquisition of Faiveley Transport is an excellent strategic fit, expanding our geographic presence, broadening our product and service capabilities, and strengthening our technology and innovation initiatives', said Wabtec Executive Chairman Albert J Neupaver on November 30, when the US-based group completed its purchase of the Faiveley family's 51% ...
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NewsTramwaje Śląskie unveils modernised ex-Frankfurt tram
POLAND: The first of 15 Type Pt trams which Tramwaje Śląskie acquired second-hand from Frankfurt-am-Main has been unveiled following an extensive modernisation. The tram has been fitted with new ends, along with a low-floor centre section built by Katowice company SAG to replace a high-floor module. The tram has been ...
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NewsYoung designers to the fore
CHINA: In a bid to encourage better design and attract young talent into the rail sector, Chinese rolling stock manufacturer CRRC Qingdao Sifang Corp sponsored an international design competition alongside the second International Workshop on Rail Vehicle Industrial Design which it hosted in the Chinese port city on November 16-18. ...