Indian rolling stock engineers trained in Russia
INTERNATIONAL: Indian rolling stock producer Kinet Railway Solutions and its Russian parent Transmashholding have launched a training programme for technicians from India.
Toronto confirms C$2·3bn single-source order for Canadian-built metro trains
CANADA: Toronto Transit Commission has placed a C$2·3bn directly-awarded contract for a fleet of 70 metro trains be supplied by Alstom, as the only company able to build the trains in Canada.
Indra signs £524m ‘global flagship’ contract to manage Transport for London’s ticketing systems
UK: Transport for London has appointed Indra as the next strategic and technical partner for the operation of its fare collection system.
Vossloh completes Scandinavian portfolio with Nordic Tamping Service
SWEDEN: Vossloh has acquired Borlänge-based Nordic Tamping Service, which operates in Sweden and Norway.
Railway supply industry news round-up
This week’s news from the global railway supply chain.
GB Railfreight owner signs financing package
UK: The Infracapital private equity investment arm of M&G has signed a £218m financing package for its GB Railfreight business, refinancing its existing facilities and renewing a capex facility to support future growth.
AllTranstek to acquire RAS Data Services assets
Comment: A shot across the bows
Marmon Rail repair activities brought together under Transco Rail Services brand
Wagon leasing partnerships restructured
Clarke Chapman acquires Clayton locomotive manufacturing assets
Team Poland acquires German tram manufacturer
Hyundai Rotem to support development of Vietnamese rolling stock industry
European rail supply industry sets out hopes for new EU Council presidency
Porterbrook acquires Corelink multiple-units
Knorr-Bremse targets signalling, electronics and software growth with acquisition of Duagon
Railway supply industry news round-up
KKR invests in locomotive leasing company at a ‘critical moment’ for European rail
International financing backs Lobito Atlantic Railway capacity enhancement
ProMedia acquires Railway Gazette Group from DVV Media International
Investment group EQT to acquire Arlanda Express airport train operator
Investor backs Trenitalia’s ambition to launch Paris – London train service by 2029
Japan: Part-privatised Tokyo Metro looks to grow internationally
Automation: Futurail sees autonomous trains within six years