UKRAINE: Freight Car Energy Group has announced plans to list on the Warszawa stock exchange. This would enable it to raise money outside its home market to fund a US$56m expansion programme running to 2020, including investment in its Lugansk plant which produces wheelsets, bogies, brakes and electronics.
FCE hopes to produce complete tank, open and grain hopper wagons, and broaden sales from the 1 520 mm gauge market to win orders from elsewhere in Europe, Asia and Africa.
LITHUANIAN: National railway LTG Group has joined the International Union of Railways’ Open Rail Freight EDI User System which enables freight operators to exchange CIM consignment notes. LTG Cargo said it is the first railway company in the Baltic States to choose Orfeus, which is ...
UK: Independent European fund manager Arjun Infrastructure Partners and University Pension Plan Ontario have announced an investment in Angel Trains, along with the formation of a partnership to pursue further investment opportunities in OECD countries. Angel Trains is the largest rolling stock leasing company in the ...
