Railway supply industry news

Latest business news from the global railway supply industry, including company mergers, acquisitions and financial results.

Rail sector targets Generation Z

2020-10-26T15:47:00+00:00

EUROPE: Rail industry suppliers’ association UNIFE has launched a campaign to raise the awareness of young people about rail, in a bid to encourage them to travel more by train and to consider a career in the rail sector.

Italian hydrogen train co-operation agreement

2020-10-26T07:00:00+00:00

ITALY: National railway FS Group and energy company Snam are to work together to evaluate the technical and economic feasibility of using hydrogen power in the rail sector, and the development of suitable business models.

Competence management technology company looks to Asia-Pacific market

2020-10-25T05:00:00+00:00

AUSTRALIA: Competence management technology and training company AssessTech has opened an office in Brisbane to serve the Asia-Pacific region.

Siemens Mobility and Newag sign traction equipment agreement

2020-10-23T12:47:00+01:00

POLAND: Siemens Mobility and Newag have signed a five-year framework agreement for the supply of up to 200 traction drives for Impuls 2 electric multiple-units ordered by commuter operator SKM Warszawa.

Cargounit’s new owner plans to invest in cross-border freight locos

2020-10-23T09:43:00+01:00

POLAND: The Three Seas Initiative Investment Fund advised by infrastructure, sustainable energy, property and digital asset investor Amber Infrastructure Group has agreed to acquire locomotive leasing company Industrial Division, which trades as Cargounit, from its founders Jacek Szczegodziński, Arkadiusz Ignasiak and Piotr Ignasiak and private equity investor Abris Capital Partners.