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.