Railway supply industry news
Latest business news from the global railway supply industry, including company mergers, acquisitions and financial results.
Alpha Trains raises green financing
LUXEMBOURG: Rolling stock leasing company Alpha Trains has refinanced some of its existing bank debt and secured further bank funds with a total volume of over €500m, as well as raising an additional €200m through a US private placement. This includes €140m of green bank financing, which is being used ...
Chinese high speed train operator’s IPO approved
CHINA: Beijing–Shanghai High Speed Railway Co’s planned IPO was formally approved by the China Securities Regulatory Commission on November 14.
Italo signs ‘largest ever’ green loan for transport
ITALY: Open access high speed train operator Italo has signed a €1·1bn syndicated loan, which CEO Gianbattista La Rocca said was the world’s largest green loan in the transport sector.
Railway supply industry news round-up
The management and supervisory boards of VolkerWessels have unanimously recommended that shareholders accept Reggeborgh Holding’s offer of €22·20 per share in cash for all shares. Closing of the transaction is expected in Q1 2020. Reggeborgh CEO Henry Holterman said it had intended to be a long-term minority shareholder, but circumstances ...
Stadler opens depot for Rhein-Ruhr fleet
GERMANY: Rhein-Ruhr transport authority VRR and Stadler have officially opened a €35m depot on a former colliery site in Herne where the manufacturer will maintain 41 Flirt 3XL EMUs which Abellio Rail NRW will operate on S-Bahn Rhein-Ruhr services from December 15.
Millet AFR resumes wagon manufacturing
FRANCE: Manufacturing of new wagons has resumed at the former Arbel-Fauvet-Rail plant in Douai, following the acquisition of the business by wagon leasing group Millet SA, the company confirmed on November 12. Assembly of grain wagons began in October, and the construction of tank wagons is expected to restart in ...
Jingye agrees to buy British Steel business
National Railways of Zimbabwe orders Russian wagons
Construction of Nigerian rolling stock factory begins
CRRC presents ETCS and CBTC technology to the global market
Front door to destination with RENFE app
Railway supply industry news round-up
Indian School of Business to support railway leadership development
Chinese interest in British Steel bid
Porterbrook completes £250m refinancing
Policies needed to maintain EU rail suppliers’ global leadership
Railway supply industry news round-up
Progress Rail to buy Cleveland Track Material
Liefkenshoek rail tunnel PPP refinanced
Railway development opportunities highlighted at Russia-Africa Summit
Ghana signs rail development MoU with RITES
HS2 streamlines civils subcontracting process
Railway supply industry news round-up
Indian Railways carries Amazon parcels