Railway supply industry news – Page 94
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NewsRailway supply industry news round-up
Through its local subsidiary TMH Argentina, Transmashholding of Russia has begun work on a US$3m programme to refurbish and reopen the Mechita rolling stock workshops in the province of Buenos Aires. Under the terms of an agreement signed on December 20 2017, TMH Argentina is to lease the site for ...
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NewsStrukton to take over Eltel’s rail activities in Sweden
SWEDEN: Eltel signed a letter of intent on March 12 for the planned divestment of its Swedish rail activities to Strukton Rail. This follows the sale of Eltel’s Finnish and Danish rail activities in January. The Swedish transaction would cover construction and maintenance contracts, employees and associated equipment. Eltel would ...
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NewsRailway supply industry news round-up
On March 3 the Hellenic Republic Asset Development Fund announced that national train operator Trainose, which was bought by FS Group last year, had submitted the only binding offer for a 100% stake in rolling stock maintenance business EESSTY. Greece’s privatisation agency said the evaluation process would begin immediately. ...
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Metro Report InternationalTaking the complexity out of urban transport ticketing
FRANCE: Paris-based start-up Pweep has developed a mobile ticketing app with the aim of encouraging people to make more use of scheduled public transport by removing the complexity of local ticketing systems. Pweep is targeted at casual users who don’t have a local operator’s smart card or app, and people ...
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NewsAlstom acquires onboard connectivity company 21net
EUROPE: Alstom announced on March 6 that it had signed an agreement to purchase onboard connectivity and infotainment supplier 21net from the Innovacom fund and other investors. The transaction was expected to close within a month. Founded in 2001, 21net has its headquarters in the UK and subsidiaries in Belgium, ...
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NewsAtlantia buys Goldman Sachs stake in Channel Tunnel concessionaire
EUROPE: Italian infrastructure investor Atlantia announced on March 2 that it had agreed to acquire the 15·49% of the share capital and 26·66% of the voting rights in Channel Tunnel concessionaire Getlink held by Goldman Sachs Infrastructure Partners investment vehicle Aero 1 Global & International. Atlantia would pay €12·40 per ...
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NewsPesa finds outside investor
PESA: Rolling stock manufacturer Pesa confirmed on March 2 that it would enter into exclusive negotiations for the Polish development fund PFR to take a stake in the company. In recent months Pesa has been hit by cash flow problems arising from the early termination of ...
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Metro Report InternationalNext-generation mobility tools on show
With a focus on multimodality, the IT-Trans transport technology trade show returns to the Messe Karlsruhe exhibition complex on March 6-8, showcasing the latest advances in ticketing and passenger information systems. IT-Trans is both a trade show and a conference, covering 15 000 m2 of floorspace, and welcoming 250 exhibitors ...
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NewsSmartron freight locomotive launched
GERMANY: Siemens has launched the Smartron electric locomotive, a version of its successful Vectron modular locomotive family which is intended to provide German freight operators with faster delivery times and a lower price through the use of a standard configuration. Smartron offers ‘one standard version, one standard contract, one standard ...
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NewsSiemens announces plans for UK rolling stock factory
UK: Plans to invest up to £200m to create a ‘state-of-the-art factory to manufacture and commission trains’ at Goole in the East Riding of Yorkshire were announced by Siemens on March 2. Siemens has signed a long-term agreement to lease a 27 ha site on the Goole 36 development adjacent ...
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NewsRailway supply industry news round-up
Rolls-Royce’s MTU business has announced an agreement for it to be the exclusive supplier of diesel engines to Knoxville Locomotive Works. MTU Series 4000 and 2000 engines produced in Aiken, South Carolina, will be used on KLW’s SE Series four- and six-axle locomotive designs which were awarded EPA Tier 4 ...
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NewsDG Move highlights Brexit concerns for rail sector
EUROPE: ‘In view of the considerable uncertainties’ surrounding the withdrawal of the UK from the European Union, the European Commission’s Directorate-General for Mobility & Transport issued a ‘Notice to Stakeholders’ on February 27. This is intended to inform operators, suppliers and other bodies of the ‘legal repercussions which need to ...
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News'Passengers want to be able to download an app and travel'
It is an ‘exciting time’ for smart ticketing, Rambus Ticketing Managing Director Russell McCullagh told Railway Gazette International at the Transport Ticketing Global 2018 conference in London.
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NewsEurostar reports a £58m profit
EUROPE: Eurostar International Ltd has reported a preliminary unaudited operating profit of £57∙6m for 2017, with sales revenue up 11% at £880m from £794m the year before. Passenger-journeys were up 3% at 10∙3 million from 10 million in 2016. 'Last year we saw a real revival in the US market ...
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NewsDB Rail Academy starts Brazilian training programme
BRAZIL: Working with local sector organisations, DB Engineering & Consulting has launched the country’s first internationally certified training programme for rail and logistics managers. Under the DB Rail Academy programme, an initial tranche of 35 managers from rail freight and passenger operators began an 18-month course in Brasilia on February ...
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NewsNS repatriates train leasing
NETHERLANDS: National passenger operator NS announced on February 26 that the fleet of around 400 trainsets which it uses on the main line network is now being leased from Netherlands-based NS Lease, rather than Irish-registered NS Financial Services Co Ltd. This means taxes will now be paid locally. Dublin-based NSFSC ...
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NewsFuel cell train development funding
GERMANY: The Federal Ministry for Transport & Digital Infrastructure is to provide Siemens and RWTH Aachen University with €12m to support the development of more efficient fuel cells which would offer a longer life cycle and higher power density. In November 2017 Siemens and Canadian fuel cell manufacturer Ballard Power ...
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NewsGE and Ukrainian Railways sign US$1bn locomotive agreement
UKRAINE: A US$1bn framework agreement to support the modernisation of the rail network in 2018-34 was signed by Ukrainian Railways and GE Transportation on February 23. The largest agreement which GE has signed in Ukraine includes the supply of 30 TE33A Evolution Series diesel freight locomotives from Erie in the ...
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NewsGWR leads the pack at 20th Rail Business Awards
UK: Great Western Railway was announced as Rail Business of the Year and ScotRail Alliance Managing Director Alex Hynes was named Industry Leader of the Year at the 20th Rail Business Awards. Hosted by Railway Gazette at London’s Hilton hotel on Park Lane on February 22, the event bought together ...
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NewsRailway supply industry news round-up
On February 12 CEN, CENELEC and the European Union Agency for Railways signed a renewed agreement for co-operation in the provision of technical documents covering safety and interoperability. Jacobs Engineering Group and Atos have announced a non-exclusive collaboration agreement to provide predictive, condition-based maintenance services Strukton Rail has completed the ...