Stories about billions of euros at rail offices: news about the biggest deals, transactions, acquisitions, and railway bosses in commercial newsfeed.
Mani Herold has been appointed Chief Financial Officer (CFO) of the VTG Group and member of the Executive Board of VTG GmbH. He will take up his position on 1 April 2025 and will complete the Executive Board of VTG GmbH.
In an exclusive interview with RAILMARKET NEWS, Michal Brijar, CEO of Thein Industry, presents the Czech manufacturing group plans for expansion not only in Poland but also in other European countries. And his vision of the development of the European industry is interesting not only when it comes to the railway business.
The Board of Directors has decided to separate the US location from the Swiss division as of January 1, 2025, creating its own North America division.
The shipping giant forms a joint venture with City of Hamburg.
Regiorail and RAILPOOL signed a full-service rental contract for seven Alstom Traxx Universal Last Mile locomotives.
The experts met in Warsaw for the SWP Autumn Meeting 2024 to address a single burning topic: how trains will appear in the near future. The entire event included two days of professional experience, networking, and a complete focus on going forward with technology and international collaboration.
The transaction contributes to the extension of the company's debt maturity profile and adds diversity to its investor base, which includes institutions from the US, UK, and Switzerland.
With effect from November 18, Martin Neese will take over the role of Chief Commercial Officer at VTG Group.
The results underscore Mobility’s role in Siemens Group’s broader financial stability and growth.
The transaction awaits approval from the Finnish Competition Authority, expected by the end of the year.
Lucerne-headquartered Wascosa has appointed Thomas Schilliger as its new Chief Operations Officer (COO) as of November 1, 2024.
He succeeds Paul Scurrah and officially assumed his role on 11 November 2024.
This substantial funding will support critical construction segments in each country and advance Rail Baltica’s goal of a unified rail network.
The Czech company Thein Industry, which specialises in the railway sector, has published its annual report. It shows that the group has significantly improved its financial results, thanks to the acquisition of TOP Alulit and expanded activities at Lokorent Services.
Hexafret will focus on developing rail freight services in France and abroad, while Technis will provide specialized locomotive maintenance to optimize fleet performance.
DB will focus more on its core business in the coming years as part of its overall programme to modernise its infrastructure, railway operations and profitability.
The transaction, initiated through a competitive two-stage tender process that began in June, now awaits approval from the Competition Authority before being finalized.
Starting January 1, 2025, Hungary's MÁV Group will consolidate its three major passenger transport companies into a single entity named MÁV Personal Transport Zrt.
The EIB lends €300 million to the Czech State Railways for the purchase of new rolling stock and the modernisation of existing rolling stock
By offering full-cycle logistics operations and multimodal transportation, the company intends to help customers save time and reduce financial costs.