Railway supply industry news – Page 86
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NewsRailway supply industry news round-up
Steel producer Evraz is to invest US$60m in two automatic full-section wheel machining lines and a wheel geometry laser measuring hub at its plant in Nizhny Tagil. This is expected to see wheel output increase by 78 000 units per year, most of which are for the Russian market. Indian ...
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NewsWagon maintenance deal
RUSSIA: United Wagon Co and Uralchem-Trans have signed an agreement to develop a service centre at Murashi on RZD’s Gorky Railway which would repair and maintain modern wagons produced at UWC’s Tikhvin plant. The Murashi depot has been servicing Tikhvin wagons managed by Uralchem Holding’s transport subsidiary since 2016. Uralchem-Trans ...
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Rail Business UKTalgo shortlists UK factory sites
UK: Talgo has shortlisted the port of Mostyn in north Wales as one of six potential sites for its proposed UK rolling stock manufacturing plant, the company announced in Cardiff on October 9. The other sites include St Helens, Leeds and Chesterfield in northern England, and Hunterston or Longannet in ...
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NewsElectric locomotive works to be privatised
UKRAINE: The State Property Fund of Ukraine has begun preparations to privatise the Dnipropetrovsk Electric Locomotive Plant in the city of Dnipro (formerly Dnipropetrovsk). The plant is to be sold in an auction, but the starting price and date have not been announced. The plant is equipped to produce main ...
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NewsVTG completes Nacco acquisition
EUROPE: Hamburg-based wagon leasing group VTG increased its total fleet to more than 94 000 vehicles on October 5, with its acquisition of CIT Rail Holdings (Europe) SAS and the associated Nacco Group. The takeover announced on July 1 2017 had been approved by the relevant competition regulators in ...
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NewsBlockchain-based locomotive data analysis trial announced
RUSSIA: Locomotive and rolling stock supplier Transmashholding has announced a partnership with blockchain developer Vostok to provide verified and distributed fleet data collection, analysis and storage. Vostok’s private blockchain platform is to be integrated with the SmartMaintenance diagnostics and forecasting system developed for TMH by data mining company ...
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NewsInterim CEO sets out Rail Baltica priorities
EUROPE: Ignas Degutis has set out his priorities for the Rail Baltica project, having been appointed Interim CEO of tri-national project promoter RB Rail following the resignation of Baiba Rubesa. Rubesa held a personal press conference immediately after resigning on September 27, during which she strongly criticised the way the ...
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NewsRailway supply industry news round-up
Toyota Motor Corp and East Japan Railway have agreed to work together to develop hydrogen fuel cell technology for trains and cars. This could include establishing hydrogen fuelling stations on land owned by JR East and introducing fuel-cell powered road and rail vehicles. Bombardier Transportation has launched a new corporate ...
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NewsRATP opens Singapore office
SINGAPORE: RATP Group has opened an office in Singapore that will serve as its headquarters for the Asia-Pacific region. Shaun Tan heads the RATP Dev Asia Pacific subsidiary. RATP Group said that it intends build strong co-operation with Singapore’s public transport authorities and operators through partnerships. ‘Throughout its ...
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NewsNurminen Logistics plans to sell wagon fleet
RUSSIA: Nurminen Logistics announced on October 2 that it was considering selling the wagons owned by its Russian subsidiary OOO Nurminen Logistics, saying this would free up capital to support a strategy of focusing on its rail operations and freight forwarding activities in the Russian rail market. The Russian wagon ...
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NewsVeolia to sell Transdev stake to Rethmann Group
TRANSDEV: Veolia has signed a draft agreement to sell its 30% stake in transport group Transdev to German family-owned water, recycling, logistics and public transport business Rethmann Group for €340m. The deal announced on October 2 is subject to regulatory approval, which is expected by the end of the ...
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NewsWascosa and Aves One acquire 4 400 wagons
EUROPE: A consortium of wagon leasing company Wascosa and Hamburg-based logistics assets investor Aves One completed the acquisition of 4 400 wagons from the Nacco subsidiary of CIT Group on October 1. Wascosa has also taken over Nacco’s operations in Hamburg. VTG announced plans for the acquisition of Nacco in ...
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NewsLocoTech to plan ÖBB locomotive modernisation
AUSTRIA: Transmashholding’s maintenance services business LocoTech and Austrian Federal Railways’ ÖBB Technische Services have signed an agreement to co-operate to modernise, maintain and lease locomotives used in Austria, Hungary and southeast Europe. As the the first stage of the planned co-operation, LocoTech is to develop a concept for the modernisation ...
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NewsAllianz acquires stake in NTV-Italo
ITALY: German insurance company Allianz has acquired an 11·5% stake in high speed open access operator NTV-Italo from Global Infrastructure Partners. Allianz is now the second largest stakeholder after GIP, ahead of co-founders Luca Cordero di Montezemolo and Gianni Punzo, Isabella Seragnoli, Flavio Cattaneo, Alberto Bombassei and Fund Peninsula.
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NewsRailway supply industry news round-up
Bombardier Transportation has signed a memorandum of understanding with the Malaysian Industry Government Group for High Technology outlining a collaboration to develop domestic rail industry expertise over the next year. The collaboration with MIGHT will support small and medium enterprises from the manufacturing and maintenance, repair and operations sector by ...
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NewsTransmashholding to buy Tulpar-Talgo
KAZAKHSTAN: Transmashholding has signed an agreement to acquire a 99% stake in coach manufacturer Tulpar-Talgo from national railway KTZ. The agreement was signed at InnoTrans 2018 on September 20 by Director General of the Russian rolling stock manufacturing group Kirill Lipa and KTZ Chairman Kanat Alpysbaev. The ...
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NewsEgyptian National Railways orders 1 300 coaches
EGYPT: A five-year contract worth more than €1bn covering the supply of 1 300 coaches was signed by Egyptian National Railways and the Transmashholding-Hungary Kft consortium on September 25. The agreement covers five types of coach: Third class with forced ventilation (500); Third class, with air-conditioning (500); Second class, with ...
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NewsPT Len and Teltronic to integrate ETCS and CBTC over Tetra
SIGNALLING: PT Len Industri and Teltronic signed a memorandum of understanding to explore interfacing the Indonesian state-owned electronics company’s ETCS and CBTC signalling systems and the Spanish telecoms technology company’s TETRA and LTE during InnoTrans 2018. ‘We have the expertise of developing rail signalling projects with TETRA, not only with ...
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NewsUkrainian Railways signs electric loco MoU with Alstom
UKRAINE: Alstom and Ukrainian Railways have signed a memorandum of understanding for co-operation in the supply and maintenance of electric locomotives. The MoU was signed at InnoTrans 2018 on September 19 by Yevgen Kravtsov, Acting Chairman of UZ, and Alstom Chairman & CEO Henri Poupart-Lafarge. Traction renewal is ...
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NewsGE to develop additive manufacturing of locomotive components
INNOTRANS: Additive manufacturing could be used in the production of up to 250 locomotive components by 2025 if GE Transportation’s early trials of the technique prove successful. The company is looking to build on the experience of GE’s aviation business over the past six years to develop additive manufacturing — ...