Railway supply industry news – Page 22
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NewsAlstom commits to ‘conservative’ financial policy
INTERNATIONAL: Presenting the company’s results for the year to March 31 2024 on May 8, Chairman & CEO Henri Poupart-Lafarge said Alstom ‘recorded a strong rebound during the second half of the year’. Poupart-Lafarge said the company had achieved a solid order intake, strong organic growth, ...
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NewsConcrete sleeper business bought
EUROPE: French rail infrastructure supplier SATEBA Group has acquired the concrete sleeper manufacturing activities of Belgian company De Bonte Group. This includes more than 80 employees who last year produced 500 000 sleepers at plants in Laakdal and Baudour in Belgium and Montataire and Vers-Pont-du-Gard in ...
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NewsGulf & Atlantic Railways rebrands
USA: Short line and regional railway group Gulf & Atlantic Railways has rebranded as Pinsly Railroad Company. The name change announced on May 1 comes after Gulf & Atlantic’s October 2023 acquisition of Pioneer Valley Railroad, which was Pinsly Railroad Co’s last short line. ...
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NewsStadler awards long-term brake systems support contract
EUROPE: Knorr-Bremse RailServices has signed a contract to provide Stadler with comprehensive rolling stock braking system maintenance, repair and spare part supply services The contract runs until the end of 2028, with an option to extend. ‘This major service contract represents a new phase in our ...
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NewsSNCF and RATP to sell majority stake in Systra
SYSTRA: French national railway SNCF and Paris transport operator RATP have entered into exclusive negotiations for the sale of a majority stake in transport engineering consultancy Systra to Latour Capital and Fimalac. Latour Capital is an independent French asset management company investing primarily in companies where ...
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Rail Business UKRail construction, maintenance and renewal machine range launched
TRACK MACHINES: Unipart Rail has launched a range of rail construction, maintenance and renewal machines, developed in partnership with Thomson Engineering Design Ltd. The range includes: Sleeper Layer, providing delivery rates of up to 1 000 sleepers/h, with options including automatic steering, remote condition monitoring ...
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Rail Business UKWilliam Cook Rail acquires Crowle Wharf Engineers
UK: Leeds-based wagon and industrial component supplier William Cook Rail has acquired coupler, bogie, buffer and wagon maintenance, repair and overhaul specialist Crowle Wharf Engineers Ltd. Announcing the deal on April 29, William Cook Rail explained that CWE had annual sales of £5m, and 50 employees ...
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NewsAbellio Deutschland sold to BeNEX
EUROPE: German regional operator BeNEX is to acquire Abellio’s German subsidiary from Dutch national operator Nederlandse Spoorwegen.
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NewsComponents joint venture agreement
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 ...
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NewsKnorr-Bremse enters signalling market with North American acquisition
NORTH AMERICA: Knorr-Bremse announced on April 19 that it had agreed to buy Alstom’s North American conventional signalling business, with a deal that is expected to be formally concluded ‘in summer 2024’. The former General Railway Signal Co was established in 1904 through the merger of ...
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NewsShining a light on Dutch depots
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 ...
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NewsRailcoop on brink of liquidation as financing gap stymies restructuring hope
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 ...
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NewsRolling stock leasing company investment
UK: Independent European fund manager Arjun Infrastructure Partners and University Pension Plan Ontario have announced an investment in Angel Trains, along with the formation of a partnership to pursue further investment opportunities in OECD countries. Angel Trains is the largest rolling stock leasing company in the ...
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Rail Business UKPortuguese and UK railway industry associations to co-operate
EUROPE: Portuguese industry organisation Plataforma Ferroviária Portuguesa and the UK’s Railway Industry Association have signed a memorandum of understanding for co-operation. The agreement signed as part of a visit by 16 British companies covers: exchanging information on research, development and innovation; sharing best practice on ...
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NewsUAE rail services business launched
UAE: Facilities management company Emrill and rail recruitment and consultancy firm Clemtech have launched Emrill Rail, which aims to simplify working in the UAE by providing cost-effective technical resources and service delivery for all aspects of rolling stock and rail support activities. Dubai-based Emrill Rail will ...
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NewsEuropean Rail Timetable business for sale
INTERNATIONAL: Director and Editor-in-Chief John Potter has decided to sell European Rail Timetable Ltd, publisher of the famous red book which contains almost 600 pages of detailed schedule information for 50 000 trains, as well as maps and useful travel information for Europe and beyond. The ...