Stories about billions of euros at rail offices: news about the biggest deals, transactions, acquisitions, and railway bosses in commercial newsfeed.
Wiscart brings a wealth of experience from his previous role as CEO of Arabelle Solutions within the EDF Group.
These two companies have been fined for violating EU antitrust rules. According to the EC, ČD and ÖBB colluded to prevent a new entrant, RegioJet, from gaining access to used wagons, thereby restricting competition in the rail passenger transport market.
RIA warns that the current lack of transparency is creating uncertainty for suppliers and hindering long-term planning and investment.
The sale of Operail, a state-owned Estonian freight and rail service company, has moved into its final phase.
This agreement covers the installation of ETCS on fifteen two-car and eight three-car electric trains, with deliveries to start in the first half of 2025.
This funding will be allocated for the design of a 155-kilometer railway section between Sieradz, Kalisz, Pleszew, and Poznań.
DB Cargo has outlined its restructuring plans, which will take effect from 1 January 2025, following agreements reached between the Board of Management and the General Works Council.
The transaction was signed in Taastrup, Denmark, and includes the acquisition of 14 FLIRT battery-powered railcars, with the option to order 10 more.
Siemens Mobility is opening its Train Manufacturing Facility as part of its new Goole Rail Village in the United Kingdom, after investing up to €230 million on a 67-acre property the size of 35 football pitches.
The global rail market has surpassed the EUR 200 billion mark and is forecast to continue to grow dynamically at a rate of 4.0% over the next five years.
On September 19-20, railway administrations from seven nations convened in Baku to discuss the formation of the Eurasian Transport Route (ANM) International Association.
His appointment follows more than two decades of experience in various positions within the Hungarian railway sector.
Beacon and Siemens Mobility have signed a major framework agreement for the delivery of Vectron multi system locomotives, with an initial contract of 25 units.
Alstom’s reorganization comes as part of its effort to streamline operations and adapt to the demands of its growing presence across these key European markets.
The growth comes despite heightened competition in the high-speed rail sector.
The partnership will optimize the movement of goods between key industrial centers, including the Industrial City of Abu Dhabi and Dubai Industrial City.
This decision, proposed by the Minister for Transport and Sustainable Mobility, Óscar Puente, claims to introduce a leader with extensive experience in both public and private sectors of the railway industry.
This investment aims to boost economic activity, technological advancement, and environmental initiatives across its nine operational sites in the country.
At its General Assembly EFRA elected two new members to its Board of Directors: Raphaël Doutrebente from Europorte and Denny Jünemann from Die Güterbahnen.
In an exclusive interview with Vojtech Vagner, Sales Director of the Railway Division of CE Industries holding (Duro Dakovic, etc.), we discussed the situation on the freight railway market, the comparison between road and rail transport and the lack of skilled managers for the production of rolling stock.