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.
EUROPE: French rail infrastructure supplier SATEBA Group has acquired the concrete sleeper manufacturing activities of Belgian company De Bonte Group. This includes more than 80 employees who last year produced 500 000 sleepers at plants in Laakdal and Baudour in Belgium and Montataire and Vers-Pont-du-Gard in ...
USA: Short line and regional railway group Gulf & Atlantic Railways has rebranded as Pinsly Railroad Company. The name change announced on May 1 comes after Gulf & Atlantic’s October 2023 acquisition of Pioneer Valley Railroad, which was Pinsly Railroad Co’s last short line. ...
