LEIPZIG Transport and Siemens have combined their Leipziger Fahrzeugservice-Betriebe and Leipziger Infrastruktur Betriebe subsidiaries to form IFTEC GmbH.

IFTEC provides track and rolling stock maintenance and consulting, with Leipzig Transport accounting for 89% of its business. ’Collaboration with private companies has always been a component of LVB’s corporate strategy’, said Chairman Wilhelm Hanss. ’We are sharpening the profile of the company and reacting to changes in the market, with the goal of providing full service for track and rolling stock from a single source’.