HUNGARY: A bogie production hall was opened at Bombardier’s Mátranovák plant in northeastern Hungary on November 6. The investment in the former Ganz Steel Structure works cost €22m, with half the funding coming from the national government via its Economic Development Operations Programme.
The extension of the factory has seen Bombardier take on a further 150 staff, and allows it to keep increasing output. Annual production has grown from 660 bogies in 2005 to a planned 2000 units this year.
FRANCE: Open access co-operative Railcoop is expected to be formally liquidated on April 29, the company President Nicolas Debaisieux has confirmed. The collapse of the co-operative comes after it was placed into judicial administration on October 16 for a period of up to six months. With ...
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 ...
