The UK government’s export credit agency has agreed to underwrite €781 million (£675 million) of financing to support construction of a 286km high-speed electric railway in southern Turkey. REC International, a subsidiary of Rönesans Holding, […]
Railpool, one of Europe’s leading rail vehicle leasing companies, has signed a contract worth up to €260 million (£225 million) with Alstom for the supply of 50 Traxx Universal multi-purpose locomotives. The locomotives, which can […]
The Harting Technology Group, which manufactures a range of high-technology connectors for the rail and other industries, has sold its Harting Systems subsidiary to independent investment company TMP Beteiligungsgesellschaft for an undisclosed sum. Harting Systems […]
Alstom’s new tram fleet for Melbourne, Australia, will be powered by traction motors supplied by Škoda Group in a deal worth up to €13 million to the Czech manufacturer. The first tranche of 400 motors […]
Škoda Group has won a €65 million contract to manufacture and supply eight metro trains to Metropoliten EAD for use on lines 1, 2 in the Bulgarian capital Sofia. The four-car trains will be manufactured […]
Global manufacturer of railway braking and other systems Knorr-Bremse has had its ambitious climate targets for reducing emissions validated by the internationally recognized Science-Based Targets initiative (SBTi). Specifically, Knorr-Bremse has set targets of reducing its […]
Spanish train manufacturer CAF (Construcciones y Auxiliar de Ferrocarriles) has been awarded a contract by Euskotren, a public company coming under the Basque Government Ministry of Urban Planning, Housing and Transport, for the supply of […]
The Italian city of Bergamo has placed an order with Škoda Group for 10 bidirectional trams. The contract include three years of full maintenance. The trams will operate the new T2 line from the city […]
Italian regional transport operator Ente Autonomo Volturno (EAV), which runs trains and =buses in the Naples area, has signed a contract with Swiss train manufacturer Stadler for the supply of electric multiple units (EMUs) for […]
Alstom’s new headquarters for the DACH (Germany, Austria, Switzerland) region in Berlin opened officially on 18 April 2023. The new offices cover 5,400 square meters and up to 500 employees from over 40 countries will […]
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