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Railway supply industry news round-up

08 Jun 2018

Siemens held a Belt & Road International Summit in Beijing on June 6-7, where it entered into more than 10 agreements with partners including China Railway Construction Corp (International) Ltd and China Civil Engineering Construction Corp to seek opportunities from the Chinese government’s strategic programme. ‘As a long-term and well-established partner of China and its industries, we support the call of the Belt & Road Initiative and take another solid step forward on a larger scale and a wider scope’, said Siemens President & CEO Joe Kaeser. ‘BRI has proven to be a wise and powerful force for accelerating infrastructure development already in many participating countries.’

PFL Petroleum Services, MGH Railcar Services and K&K Recycling Services are to offer mobile wagon scrapping services in North America. The ban on using DOT 111 tank cars to carry hazardous loads is expect to generate significant business.

A restructuring of CRRC subsidiaries has formed CRRC Qiqihar Group Co as the parent company for wholly-owned subsidiaries CRRC Qiqihar Vehicle, CRRC Shenyang, CRRC Shijiazhuang, CRRC Shandong and CRRC Wind Power (Xilin Gol) Co. The group focuses on wagon manufacturing, with a registered capital of 6·7bn yuan and a total of 20 300 employees.

Andritz AG Senior Vice-President Thomas Bachhofner is to join Rhomberg Sersa Rail Group as Managing Director in August, tasked with strengthening the range of railway engineering services offered in the home markets of Germany, Austria and Switzerland, as well as in Australia, Canada and the UK. ‘This appointment for us is the logical next step in our development to become the leading technology company in railway infrastructure’, said joint owner and CEO Hubert Rhomberg on June 6.

On Track Innovations Ltd has been awarded a US$155 000 contract to provide IT support for Koleje Mazowieckie’s electronic ticket sales system. ‘This multi-year service contract stands as a testament to our continued efforts to build a steady base of long-term recurring revenues, which we believe will be a notable long-term value driver for our shareholders‘, said OTI Chief Executive Shlomi Cohen.

Rail Safety Solutions has acquired the Carillion Welding business, saving 63 jobs in four UK locations.