Austria: Knorr-Bremse is taking a 49% shareholding in door specialist IFE.
Great Britain: GEC Alsthom Signalling Ltd has moved to new offices at Trafford Park, Manchester.
India: Konkan Railway Corp plans to establish a subsidiary to tender for railway construction projects overseas; revenue from this business will help with international loans taken out to fund construction of the Konkan line.
Iran: Wagon Pars Co is seeking to build under licence 60 trainsets and 80 trams.
Latvia: The government has sold a 50·1% stake in Riga Carriage Works to Latek, a joint venture of Latvian and Ukranian companies for US$4·67m. Other shares are to be offered to staff and the public.
USA: On June 12 Tenera Technologies signed an agreement for Halcrow Transmark to market internationally its MCP¨ maintenance management software.
