Croatian electrical firm Koncar has reported a net profit of 26·3m kuna on income of 1·39bn kuna for the first half of the year. Orders from Zagreb Electric Tramway accounted for 29% of the company's domestic sales.
A management buyout has been completed at Mechan, the Sheffield-based manufacturer of specialist rail and industrial lifting equipment. Founder Tony Hague retains a minority holding and the role of Chairman. The value of the transaction was not disclosed.
NETHERLANDS: Local company Raillighting has developed a low-cost lighting assembly for illuminating walkways and other work zones which can be rapidly installed by hand. Branded Railpuck Luminaire, the lights are primarily intended to illuminate the paths and walkways used by staff to access depot buildings and ...
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 ...
