Škoda Transportation news – Page 7
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NewsEuropean Commission clears Škoda Transportation acquisition
CZECH REPUBLIC: The European Commission announced on April 3 that PPF Group’s proposed acquisition of sole control of Škoda Transportation and related companies had been approved under the EU Merger Regulation. Following an examination under the simplified merger review procedure, the Commission concluded that the transaction would raise no competition ...
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NewsŠkoda and Iveco present new battery trolleybus
CZECH REPUBLIC: Škoda Electric has tested a new battery trolleybus model in Plzeň. The 35 Tr 18 m articulated trolleybus is manufactured in co-operation with Iveco, which has supplied its Urbanway bus bodyshell from its Annonay factory in France. Electrical equipment has come from Škoda Electric, which is also ...
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NewsPPF Group buys Škoda Transportation
CZECH REPUBLIC: Investment company PPF Group has acquired rolling stock manufacturer Škoda Transportation under an agreement finalised overnight on November 24-25. Although the purchase price has not been formally announced, it is understood to be in excess of KC10bn. In 2016 Škoda Transportation reported consolidated sales of KC15·7bn, down by ...
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NewsEPH eyes Škoda Transportation
CZECH REPUBLIC: The Energetický a Průmyslový Holding power and industrial group controlled by Czech billionaire Daniel Křetínský is reportedly close to signing a deal to acquire rolling stock manufacturer Škoda Transportation. An agreement worth at least KC10bn could be completed by the end of the year, according to local media, ...
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NewsŠkoda to supply trams to Sofia
BULGARIA: Škoda Transportation has won a contract to supply 13 trams to Sofia, the manufacturer announced on October 13. Škoda’s first tram order from Bulgaria is worth KC610m, which includes spare parts and staff training. The operator is financing the purchase through EU funds. Škoda will supply its ...
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NewsSales down but profit up at Škoda Transportation
CZECH REPUBLIC: Rolling stock manufacturer Škoda Transportation has announced record earnings of KC1∙6bn on a turnover of KC15∙7bn in 2016. Sales were down by KC2∙5bn, but net profit rose almost threefold from 2015. Exports accounted for 50∙4 % of total production and the company employed 5 327 people. Trams were ...
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NewsŠkoda double-deck push-pull set for DB on test
GERMANY: The first of six double-deck push-pull trainsets being built by Škoda Transportation for Deutsche Bahn is undergoing trials at the Velim test circuit in the Czech Republic. Entry into service is not now expected before December 2017. The trainset is initially formed of four coaches, although it will operate ...
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NewsCRRC confirms plan to buy Škoda Transportation
INDUSTRY: China Railway Rolling Stock Corp confirmed on November 28 that its CRRC Zhuzhou Electric Locomotive subsidiary was contemplating the acquisition of Škoda Transportation. CRRC stressed that no binding agreement had been reached. CRRC is understood to be reviewing the finances of the Czech manufacturer, with the details of any ...
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NewsTranstech to supply Tampere trams
FINLAND: Tampere city council has selected Škoda Transportation subsidiary Transtech to supply trams for the city’s future network. CAF, Pesa and Stadler Rail Valencia had also bid. Contract signing will take place with final project approval, which is expected on October 24. Depending on the final design of the ...
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NewsEskişehir selects Škoda to supply catenary-free trams
TURKEY: Škoda Transportation announced on September 5 that it is to supply 14 trams capable of catenary-free operation to Eskişehir. They are to be delivered within 19 months of signing the contract, which is worth €26m. Škoda beat Turkish manufacturer Bozankaya to supply trams to Turkey’s only metre gauge ...
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NewsAppeal blocks award of Göteborg tram contract
SWEDEN: Škoda Transportation has launched a legal challenge to the decision by Göteborg tram operator Göteborgs Spårvägar to select a consortium of Bombardier and Vossloh Kiepe as preferred bidder for a contract to supply 40 trams, with options for up to 60 more. Alstom, CAF, Pesa, and ...
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Metro Report InternationalScomi and Škoda Transportation sign partnership
INTERNATIONAL: Czech company Škoda Transportation and Malaysian monorail and bus supplier Scomi Engineering have signed an agreement to collaborate in the development of mass rapid transit and light rail vehicles. ‘This collaboration by both parties will enable Scomi to participate in a wider range of transport projects’, said Kanesan ...