Railway supply industry news – Page 92
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NewsRailway supply industry news round-up
Indonesian manufacturer PT Inka is developing a 160 km/h multiple-unit design. The Davis Wagon Services maintenance subsidiary of UK wagon manufacturer WH Davis Ltd is to use 3Squared’s RailSmart Employee Development System software for staff competency management. ‘The EDS software allows our assessors to carry out more frequent assessments ...
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NewsSiemens Alstom board agreed
INDUSTRY: As part of the negotiations for the combination of Siemens Mobility and Alstom, the two companies announced on May 15 their nominations for the future Board of Directors. The line-up has been endorsed by the current Alstom board, with a recommendation that they be adopted at the company’s ...
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NewsVossloh to pay dividend
GERMANY: Vossloh AG shareholders approved a proposed dividend distribution of €1 per share at the annual general meeting held in Düsseldorf on May 9. No dividend had been distributed for the fiscal years from 2014 to 2016 as part of the restructuring of the group. ‘Paying a dividend is ...
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NewsMTR to bring rail and property development model to Europe
EUROPE: Hong Kong’s MTR Corp has appointed chartered surveyor John Robinson as Head of Property for its European Business, with the aim of bringing to Europe the Rail+Property development model which it has successfully used in China. Property developments at 39 stations in Hong Kong provide 100 000 residential ...
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NewsRailway supply industry news round-up
With support from inQdo, European railway data exchange company Hit Rail is to migrate its Hermes Open Services platform to an Amazon Web Services cloud environment over the next three months. On April 28 Russia’s government commission on foreign investments approved Siemens’ acquisition of Alstom’s stake in Transmashholding as ...
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NewsStrategic partnership targets Belt & Road projects
ASIA: A strategic partnership which aims to ‘identify and pursue cross-border corporate finance and investment opportunities’ linked to China’s Belt & Road Initiative has been announced by the Singapore-listed Sapphire Corp parent of Chinese urban rail construction company Ranken and the Singapore subsidiary of Hong Kong-based financial services group Haitong ...
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NewsDAXI under new ownership
BELGIUM: Bruno Hubert and Jerome Leclef have acquired majority ownership of reconditioned rolling stock and track component dealer DAXI Group. Founder Jean-Pierre De Zutter will support the transition to the new owners and continue to help with major projects before retiring. Bruno Hubert joins DAXI as majority shareholder and ...
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NewsFenix Signalling targets Southeast Asia market
THAILAND: UK company Fenix Signalling has acquired a majority shareholding in Bangkok-based signalling consultancy MGB Systems Ltd, which has been renamed Fenix Southeast Asia Ltd. Fenix Southeast Asia aims to offer a ‘one-stop shop’ covering the infrastructure asset lifecycle from concept design through construction to operations and maintenance. Announcing the ...
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NewsRailway supply industry news round-up
On April 13 Channel Tunnel operator Getlink completed an internal reorganisation of its corporate structure. Groupe Eurotunnel SE transferred its holdings in the two concessionaires France Manche SA and The Channel Tunnel Group Ltd to Eurotunnel Holding SAS, in order to ring fence the fixed link activities from other group ...
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NewsAlpha Trains forms French subsidiary
FRANCE: Leasing company Alpha Trains Group is targeting the emerging French passenger rolling stock leasing market with the formation of a French subsidiary. ‘France is a new and important market for us, which we are relying on to replicate our success in Germany and become the ideal partner of the ...
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Metro Report InternationalTransport for London awards long-term drone inspection licence
UK: Transport for London has granted approval for Lanes Rail to use drones to carry out of asset surveys. This is the first long-term drone licence that TfL has awarded, and comes after a 12-month testing and approval process. In addition to having a Civil Aviation Authority UAV licence, ...
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NewsRailway supply industry news round-up
British Steel is investing in new plant at Scunthorpe to increase the production of its Zinoco zinc-coated corrosion-free rails, which is due to be commissioned later this year. The premium rails are intended for use in corrosive areas such as coastal lines, wet tunnels or level crossings and can be ...
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NewsSB Rail awarded track machine contract
UK: Network Rail has awarded the SB Rail joint venture of Swietelsky and Babcock International Group a seven-year contract to supply, operate and maintain tamping, dynamic track stabilising and ballast distribution and profiling machines for its London North Eastern, London North Western and Scotland routes. The deal is worth in ...
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NewsRamboll acquires DEG Signal
UK: Engineering company Ramboll has acquired specialist signalling firm DEG Signal Ltd, which is based in Wiltshire and has 17 staff providing consultancy and design services for mainline and urban rail operators. DEG Signal’s customers include Network Rail, Transport for London Thales, Ansaldo STS, Amey and Siemens; recent projects have ...
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NewsWorld rail market - April 2018
Chile: SICE and software partner GMV are supplying 80 standard and 150 compact customised ticket vending machines for the Santiago metro. Europe: RB Rail has awarded ETC Transport Consultants a €499 340 contract to prepare short, medium and long-term operational plans for the future Rail Baltica line. France: ...
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NewsRailway supply industry news round-up
The Malaysian Rail Industry Consortium has put forward proposals for the development of an rail-sector industrial park and export hub in Rawang. 'The cluster-based park will involve infrastructure sharing as well as co-operation between companies as it would be a good way to develop the industry further, creating a platform ...
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NewsKeltbray eyes Canada as UK electrification ‘looks less certain’
CANADA: Construction company Aecon and British engineering and construction firm Keltbray Group have signed a memorandum of understanding with a view to developing a joint venture to bid for rail electrification contracts in Canada. This is Keltbray’s first venture into the international market, having entered the UK electrification sector in ...
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NewsMasabi and Chalo target Indian transport ticketing market
INDIA: A partnership to offer mobile fare collection and journey planning technology in the Indian market was announced by Masabi and Chalo on April 18. Indian journey planning and ticketing company Chalo (previously called Zophop) is to integrate UK-based mobile ticketing and software-as-a-service supplier Masabi’s Justride Mobile Ticketing SDK into ...
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NewsKeolis restructures to meet ‘strategic challenges’
KEOLIS: French transport group Keolis announced a ‘significant’ changes to its corporate structure and board on April 17, including the creation of a New Mobilities business unit. ‘Keolis needs to be able to improve its overall operational, environmental and financial performance, in order to offer its public transport authorities the ...
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NewsMEN Mikro Elektronik and Duagon to merge
GERMANY: HQ Equita is to sell its stake in safety critical computing technology supplier MEN Mikro Elektronik to Deutsche Beteiligungs, whch will merge the business with Duagon Holding AG. MEN founder Manfred Schmitz will retain his shares and be a member of the board of the new group. ‘We are ...