GERMANY: Rolling stock builder Fahrzeugtechnik Dessau AG lodged a formal insolvency application with the Dessau Rosslau district court on March 25.
Attorney Dr Volkhard Frenzel has been appointed provisional insolvency manager. FTD was taken over by Transmash Holding in 2006, and currently has 168 staff. Recent projects have included development of the Protos regional EMU.
BULGARIA: Bombardier Transportation has established a subsidiary in Bulgaria and opened a project management office in Sofia. ‘With substantial rail modernisation underway in Bulgaria, this new office marks a significant milestone in Bombardier’s commitment to this growing market’, said Richard Hunter, President, Rail Control Solutions at ...
INNOTRANS: A virtual foretaste of the InnoTrans 2021 trade fair is being offered by the InnoTrans Preview, which organiser Messe Berlin is holding during the week when the global railway industry’s biggest event would normally have been happening. The Preview includes more than 60 company and ...
USA: Construction of the Texas Central high speed line linking Houston with Dallas is expected to start in the coming months following completion of the regulatory approval process. This concluded on September 21 when the Federal Railroad Administration released a pre-publication version of its final ...
ZIMBABWE: National Railways of Zimbabwe’s decision to terminate a US$400m recapitalisation agreement is being challenged in court by the Diaspora Infrastructure Development Group, which is seeking damages worth US$236m. In mid-September, DIDG instructed its lawyers to sue NRZ and Transport Minister Joel Biggie Matiza following the ...
USA: The board of the California High-Speed Rail Authority on September 10 approved the Final Environmental Impact Statement for an 80 km section of the planned high speed railway between Merced and Fresno, known as the ‘Central Valley Wye’. The formal approval means that environmental clearance ...
