Business

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

Business

Shocking CCTV footage: Youths risk their lives at a Yorkshire station

New figures reveal that young people are involved in more than half of incidents at one Yorkshire station - 6 of the 11 incidents reported at Cross Gates station in the past year involved young people.

Karel Novak September 2, 2022 · 2 min read

Business

Stadler will have new CEO Markus Bernsteiner

The Board of Directors has appointed him as the new Group CEO with effect from 1 January 2023. The current CEO Peter Spuhler will become the Executive Chairman of the Board of Directors.

Karel Novak September 1, 2022 · 2 min read

Business

A.P. Moller - Maersk and China International Marine Containers announced the termination of previously announced transaction

Whereby China International Marine Containers (CIMC) would acquire Maersk Container Industry (MCI), a leading manufacturer of refrigerated containers, from Maersk.

Karel Novak August 31, 2022 · 2 min read

Business

Eurostar Group names Gwendoline Cazenave as a next CEO

She will succeed Jacques Damas, who has been Chief Executive Officer of Eurostar Group since October 2020.

Marketa Horpeniakova August 25, 2022 · 2 min read

Business

German emergency measures: coal freight trains have absolute priority

The resolution was adopted by the government because of the low water level on the Rhine. The river carries coal to power stations.

Karel Novak August 25, 2022 · 2 min read

Business

Inspection of railway sleepers in Germany ends: first results speak of manufacturer's fault

Damage to DB is expected in the amount of hundreds of million euros.

Karel Novak August 23, 2022 · 3 min read

Business

Rail Baltica extends the deadline for the procurement of the high-speed railway electrification

The deadline extension for the procurement of the Rail Baltica energy subsystem design and construction for the entire Rail Baltica line, which covers more than 870 km in Estonia, Latvia, and Lithuania, has been extended to 14 September 2022.

Marketa Horpeniakova August 19, 2022 · 2 min read

Business

Strabag signs contract for modernization of Croatian railway

As part of the €228 million contract, a 44 km-long section of railway between the Croatian capital Zagreb and the port of Rijeka will be modernized.

Marketa Horpeniakova August 18, 2022 · 2 min read

Business

Saudi Arabia has signed memorandum of understanding with Alstom

MoU wants to mainly find investment opportunities in the transport sector.

Karel Novak August 18, 2022 · 1 min read

Business

ČD Cargo transported another metro set to Warszaw

On Sunday 14 August 2022, another six-car metro train left the gates of the ŠKODA plant in Plzeň and traveled with ČD Cargo via Prague, Havlíčkův Brod, Brno, Přerov, and Bohumín to the Polish capital.

Karel Novak August 18, 2022 · 1 min read

Business

Network Rail signs solar energy deal with EDF Renewables UK

With this significant step, Network Rail has moved closer to fulfilling its commitment to a cleaner and greener railway.

Marketa Horpeniakova August 17, 2022 · 3 min read

Business

Hupac presented a preview of its new Terminal Brwinów in Poland

The project is to be finished within a few more weeks.

Karel Novak August 17, 2022 · 1 min read

Business

Court of Frankfurt/M. has dismissed the action for damages brought by DB against Czech steel producer Moravia Steel

Frankfurt's regional court made this decision on the grounds that it is time-barred.

Karel Novak August 17, 2022 · 3 min read

Business

Knorr-Bremse will equip 130 Coradia Stream regional trains in Germany with its systems

Alstom has commissioned Knorr-Bremse to equip at least 130 new regional trains from the Coradia Stream family. It is the largest multi-systems order to date for trains awarded by the German federal state of Baden-Württemberg.

Marketa Horpeniakova August 15, 2022 · 3 min read

Business

HHLA has seen an increased share of rail transport in the first half of 2022.

HHLA recorded a positive performance in revenue and earnings in the first half of 2022. The company benefited primarily from a further rise in storage fees in the Container segment, as well as further increases in the rail share of HHLA’s total intermodal transportation.

Marketa Horpeniakova August 13, 2022 · 3 min read

Business

Colas Rail acquires shares of the German group Hasselmann

Colas Rail this week signed an agreement to acquire the shares of the Hasselmann Group, which specializes in the construction of railroads and railway infrastructure.

Marketa Horpeniakova August 11, 2022 · 2 min read

Business

ShipMonk's first logistics center in continental Europe is built in the Czech Republic.

ShipMonk, an American-Czech company, focuses on outsourcing logistics for American e-shops for which it stores and ships their goods. Cheb town is suitable, among other things, for the European rail corridor from Prague to Nuremberg passes through the town. In addition, the railway connection with the border areas of Germany and the Czech Republic is provided by a local line.

Karel Novak August 11, 2022 · 3 min read

Business

New CEO of Ciech Cargo, the carrier of the Ciech chemical group

Andrzej Pawłowski has been appointed since the beginnig of August.

Karel Novak August 10, 2022 · 2 min read

Business

Czechia: reconstructions of railway lines are delayed and also more expensive. Costs of priority projects have increased by 95%

The Supreme Audit Office (SAO) focused on how the Ministry of Transport (MoT) and the Railway Administration (Správa železnic - SŽ) allocated state and EU funds for the reconstruction of selected non-corridor railway lines from 2016 to mid-2021.

Karel Novak August 10, 2022 · 3 min read

Business

Maersk to acquire Danish company Martin Bencher Group to strengthen the handling of project logistics

Maersk has reached an agreement to acquire Martin Bencher Group, a Denmark-based project logistics company with capabilities within non-containerized project logistics. Simultaneously Maersk announced to deliver record revenue, more than 50 percent.

Karel Novak August 9, 2022 · 3 min read