Business

Stories about billions of euros at rail offices: news about the biggest deals, transactions, acquisitions, and railway bosses in commercial newsfeed.

Business

The battle for Talgo: Hungarian Magyar Vagon wants to take over the Spanish company

The Hungarian group Magyar Vagon, under its historical brand Ganz-Mavag, is preparing to finalize and present a Public Acquisition Offer (OPA) for 100% of the shares of the Spanish high-speed train manufacturer Talgo.

Lubomir Cech March 8, 2024 · 2 min read

Business

Railway strike to disrupt German freight and passenger transport again

This latest action in a series of strikes underlines the deepening rift over pay and working conditions, with major implications for rail operations across the country.

Marketa Horpeniakova March 5, 2024 · 2 min read

Business

Russia, China, Kazakhstan sign agreement on transport and logistics hub

The trilateral initiative aims to strengthen the international logistics corridor and facilitate more efficient trade flows across the region.

Marketa Horpeniakova March 4, 2024 · 1 min read

Business

SNCF Group ended 2023 with a net profit of €1.3 billion

The SNCF Group reported its third consecutive year of profitability in 2023, despite facing economic and social challenges.

Lubomir Cech March 4, 2024 · 2 min read

Business

DB: recruiting up to 1.000 university graduates for digital railway

Company plans to invest seven million euros over ten years in cooperation with TU Dresden, where it will endow a professorship for digital railway systems.

Karel Novak March 1, 2024 · 3 min read

Business

Americold to establish first cold storage facility on CPKC rail network in Missouri

Americold Realty Trust, active in temperature-controlled logistics, has announced the development of its first facility on the Canadian Pacific Kansas City (CPKC) rail network.

Lubomir Cech February 29, 2024 · 2 min read

Business

Wascosa: Top management changes

Wascosa announces the appointment of Christian Theis as our new Chief Sales Officer and Executive Board Member.

Karel Novak February 28, 2024 · 1 min read

Business

New study: HS2 ignites £10 billion economic surge in West Midlands

Development is already accelerating around the key HS2 hubs, promising the creation of 41,000 homes, more than 30,000 jobs, and significant commercial space.

Marketa Horpeniakova February 23, 2024 · 2 min read

Business

LDZ CARGO announces new board chairman and member

Alģirds Miķelsons has been appointed as the board chairman for a term of five years, and Olga Bondare has been appointed as a board member. Both will commence their roles on 18.3.2024.

Lubomir Cech February 23, 2024 · 2 min read

Business

Akiem expands its maintenance business

Akiem, the European turnkey supplier of locomotives and passenger trains, announces a far-reaching programme to restructure its maintenance value proposition.

Karel Novak February 23, 2024 · 2 min read

Business

EU to investigate CRRC under the Foreign Subsidies Regulation

EU Commission initiated the first in-depth investigation under the Foreign Subsidies Regulation, this time regarding the public procurement process of trains in Bulgaria and the involvement of CRRC in it.

Lubomir Cech February 21, 2024 · 2 min read

Business

Train hotel over the river entering the safari

A luxury train accommodation at this site has a rich history dating back to the 19th century.

Karel Novak February 20, 2024 · 2 min read

Business

Operail moves forward with a privatization strategy to strengthen the railway sector

This major change aims to revitalize the company's operations and improve the competitiveness and environmental sustainability of the Estonian railway sector.

Marketa Horpeniakova February 20, 2024 · 2 min read

Business

Siemens Mobility: new train leasing company

Siemens Mobility has founded a subsidiary, Smart Train Lease GmbH, to enable customers to flexibly supplement their fleets with leased state-of-the-art battery, hydrogen and electric trains.

Karel Novak February 19, 2024 · 2 min read

Business

Kazakhstan Transport Logistics Forum: Transit Potential and Infrastructure

International conference and exhibition in the field of transport logistics of Kazakhstan, which will take place in Astana on 5-6 March.

Karel Novak February 17, 2024 · 1 min read

Business

China to invest $1 billion in revitalizing Zambia-Tanzania railway

The project aims to fortify economic ties and boost trade connectivity, underlining China's growing influence in African infrastructure.

Marketa Horpeniakova February 14, 2024 · 2 min read

Business

Hupac: combined transport under pressure

Declining demand for transport in Europe, rising rail prices and significant quality deficits in the German rail network are putting pressure on environmentally friendly transport.

Karel Novak February 14, 2024 · 2 min read

Business

Belgian state boosts stake in Lineas, injecting fresh capital to revitalize rail freight

In a strategic overhaul and management reshuffle, Lineas is addressing cash flow issues and seeking additional investment to support its expansion and sustainability goals.

Marketa Horpeniakova February 13, 2024 · 2 min read

Business

European Court of Justice: Moving empty containers in intermodal is not a cabotage

Cabotage, transport services within a country provided by a foreign haulier, has an exception for moving empty containers by combined transport.

Lubomir Cech February 9, 2024 · 2 min read

Business

Thein: Czech railway investor acquires foundry

Thein Industry, a specialist in the development of proprietary hydrogen technologies for rail and road transport, has successfully completed the acquisition of the Czech foundry Top Alulit.

Karel Novak February 9, 2024 · 2 min read