INTRO: Convergence achieved
WHILE Europeans wrestle with impending monetary union, the railway supply industry appears to have already met convergence criteria. GEC Alsthom - soon to become just ’Alstom’ - and Siemens are co-operating on the Eurotrain project (p411). However, Dieter suggests a way that the gauge-changing Talgo might be incorporated into a three-way joint venture project, solving the political problem of whose power car should head the train.
INDIA: The AT Railway a subsidiary of Amber Enterprises India has signed a joint venture agreement with South Korea’s Yujin Machinery to design, manufacture, and develop critical components for various types of rolling stock used in India. The joint venture will focus on components such as ...
EUROPE: Austrian Federal Railways has put into service the first of its updated Railjet trainsets on services linking Germany, Austria and Italy. Toma Bačić rode on a preview run between München and Verona on April 5.
USA: Project promoter Brightline West held a groundbreaking ceremony on April 22 in Las Vegas to launch its project to build a high speed line from the city to southern California.
