Railway supply industry news – Page 90
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Metro Report InternationalHQ Equita acquires transport technology companies and expects market growth
INTERNATIONAL: German investment group HQ Equita has signed an agreement to acquire a majority stake in public transport communication, security and monitoring technology supplier r2p from Swedish investor Alder Fund I. Announcing the deal on July 9, HQ Equita said it would simultaneously acquire Australian passenger information system company Open ...
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NewsEffiShunter 600 locomotive announced
CZECH REPUBLIC: CZ Loko has launched the EffiShunter 600 four-axle shunting locomotive, which replaces the EffiShunter 500 and 700 designs in its portfolio. The EffiShunter 600 is fitted with a 563 kW Caterpillar C18 engine, which replaces the 522 kW C18 and 709 kW C27 prime movers and ...
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NewsEIB loan supports inter-city EMU order
NETHERLANDS: The European Investment Bank has finalised a €450m loan to support national passenger operator NS’s €800m order for 79 InterCity New Generation electric multiple-units. Part of Alstom’s Coradia Stream family, the 49 five-car and 30 eight-car IC-NG units were ordered in July 2016 and are expected to enter ...
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NewsBid for Greek rolling stock maintenance business accepted
GREECE: The Hellenic Republic Asset Development Fund privatisation agency has accepted an ‘improved financial offer’ from FS Group-owned train operator Trainose for EESSTY, the rolling stock maintenance business which was spun out of the former state railway OSE. HRADF has made a number of attempts to sell EESSTY under a ...
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NewsRailway supply industry news round-up
Sweden formally ratified the Luxembourg Rail Protocol at a ceremony at the UNIDROIT offices in Roma on July 2. Sweden is the third state to ratify; at least four are required before the protocol can enter into force. Montréal-based consultancy Canarail was renamed Systra Canada with effect from July 3. ...
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Rail Business UKInnovation Centre supports evolution from ‘find & fix’ to ‘predict & prevent’
UK: ‘It is about developing the means to operate a railway in a more effective and safer way’, said Mark Bullock, Balfour Beatty CEO for Rail & Utilities, when he welcomed guests from the rail industry and academia to the company’s Rail Innovation Centre on June 28. The 450 m2 ...
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NewsHudson Bay Railway sale talks break down
CANADA: Talks for the sale of the 1 300 km Hudson Bay Railway and the Port of Churchill to a consortium including two first nations groups and Fairfax Financial have broken down, the HBR subsidiary of US short line group OmniTRAX announced on July 3. Freight and VIA Rail passenger ...
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NewsStadler starts work on new factory
SWITZERLAND: A groundbreaking ceremony launched construction of Stadler’s new assembly plant at St Margrethen in the northeast corner of Switzerland on July 4. The SFr86m facility will be used to assemble Kiss double-deck trainsets, replacing a former aircraft factory in nearby Altenrhein which is no longer suitable for the task. ...
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Rail Business UKCAF joins HS2 shortlist as train building market consolidates
UK: High Speed 2 project promoter HS2 Ltd has invited CAF to join the list of suppliers shortlisted to bid for the contract to supply at least 54 trainsets. HS2 Ltd took the decision in response to consolidation in the global rolling stock supply market, and the decision of Bombardier ...
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Rail Business UKJoint venture to bid for HS2 rolling stock contract
UK: Bombardier Transportation and Hitachi Rail Europe have agreed to submit a joint bid for the contract to supply a fleet of high speed trainsets for High Speed 2, the companies confirmed on July 4. In November 2017 project promoter HS2 Ltd shortlisted Alstom, Bombardier Transportation UK, Hitachi Rail Europe, ...
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NewsCAF signs agreement to acquire Solaris
INDUSTRY: Spanish rolling stock and signalling supplier CAF signed an agreement to negotiate the purchase of 100% of the shares in Polish bus and tram manufacturer Solaris Bus & Coach on July 2. The enterprise value of Solaris is estimated to be slightly above €300m, with the final amount ...
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NewsBogie test rig in service
CHILE: Swiss engineering group Nencki has put into operation its first bogie test rig for use in South America. The rig has been commissioned by Alstom Limache, which maintains the suburban EMUs used by Valparaiso operator Metro Merval. Installed with the support of local service partner Sim Rail, the ...
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NewsRailway supply industry news round-up
Reporting its annual results for the 2017 financial year, Stadler said it had seen ‘a successful year’, and now employed more staff than before the Swiss currency market ‘dislocations’ in 2015. Incoming orders amounted to SFr3·5bn, with a ‘considerable proportion’ coming from BLS, SBB and SOB in Switzerland. The Service ...
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NewsQueensland invests in Maryborough upgrade
AUSTRALIA: Visiting the Downer Rail rolling stock plant at Maryborough on June 26, Queensland’s Minister for Transport & Main Roads Mark Bailey announced that the state government is providing a A$10m grant for infrastructure improvements to support work on a range of refurbishment projects for Queensland Rail. The grant is ...
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Metro Report InternationalItalian state railway launches multimodal app
ITALY: State railway FS Italiane launched a nationwide multimodal transport planning app on June 22. Nugo is available for Apple and Android devices. It enables users to plan a door-to-door journey throughout the country and buy one ticket to cover all the required modes. Initially 50 transport companies are ...
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Rail Business UKUK railway test circuit proposed
UK: Proposals for the development of a ‘world-leading’ railway testing facility in Wales are to be set out by Welsh government Transport Secretary Ken Skates on June 25. The proposed test centre would have two electrified test ovals of 7·3 km and 3·1 km suitable for continuous running at up ...
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NewsRailway supply industry news round-up
US wagon leasing company RGCX announced on June 21 that it had been acquired by Corrum Capital. RGCX President Nick Tupper said the private investment firm would bring a 'unique blend of financial expertise, market access and management insight through their ownership of other leasing and operating businesses'. DVB Bank ...
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NewsStadler enters the signalling market
STADLER: Consolidation in the supply sector including the planned Siemens-Alstom merger and CRRC’s expansion has spurred Stadler to develop its own signalling and automation systems. The Swiss group wants to avoid the need to purchase important components from its competitors in the rolling stock market, and also sees an opportunity ...
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NewsBearing and wheelset monitoring partnership
SKF: The Insight Rail wireless condition based-maintenance technology from bearing and seal supplier SKF can be integrated with Siemens’ Railigent application suite and MindSphere internet of things operating system following the signing of a co-operation agreement announced on June 13. The agreement is intended to support condition-based maintenance by facilitating ...
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NewsBombardier inaugurates Bautzen production hall
GERMANY: Bombardier Transportation inaugurated a new final assembly hall at its Bautzen plant in Sachsen on June 15. Built at a cost of €8m as part of a €30m investment in the site, the hall has a production area of 8 100 m2, with the capacity to assemble and ...