Unife wants to exclude China from European rail tenders
The Association of the European Rail Industry (UNIFE) warns of the possible challenge for European rolling stock manufacturer after the purchase of the Vossloh Locomotives business unit by CRRC. If the deal will be approved,...Read more
SBB gets investor for domestic freight business
Swiss railway group SBB has obtained a strategic investor for its domestic freight business. 35 per cent of the SBB Cargo shares were purchased by Swiss Combi, a joint venture consisting of Planzer Holding, Camion...Read more
CRRC purchases locomotive business from Vossloh
CRRC Zhuzhou Locomotive, a subsidiary of China Railway Rolling Stock Corporation (CRRC), will purchase Locomotives business unit from Vossloh Group. The deal will be finalised in the coming months. Afterwards, Vossloh will focus exclusively on...Read more
Knorr-Bremse and Railnova join forces in rail digitalisation
German technology company Knorr-Bremse has purchased 32 per cent of the shares in Railnova, a Belgian supplier of railway telematics solutions and maintenance workflow software to the railway industry. The deal is a part of...Read more
CAF incorporates leading rolling stock company in Sweden
The Spanish train manufacturing group CAF has purchased EuroMaint, a leading provider of rolling stock maintenance in Sweden. The acquisition is a part of the company’s strategy to expand its business into foreign markets. The...Read more
Ricardo Rail steps up to Australia
British advisory and engineering company Ricardo has purchased shares of Transport Engineering, a leading rail technical services consultancy based in Australia. The acquisition strengthens Ricardo’s rail division and increases its total staff to more than...Read more
GE Transportation merges with Wabtec
GE Transportation, the General Electric’s subsidiary specialised in manufacturing rolling stock and railway equipment, has merged with Wabtec Corporation. The U.S. technology company has sold more than half of GE Transportation shares. The remaining lesser...Read more
European Commission forbids Alstom-Siemens merger
The European Commission has decided to prohibit the proposed merger of two technology giants – Siemens Mobility and Alstom. The decision means that two companies will continue to work separately and the proposed new EU...Read more
New concessions for Alstom-Siemens merger
The discussions over the merger of Alstom and Siemens escalated by the new concessions proposed by both companies. While EU competition authorities are reviewing the new offer, some officials see political support for the deal....Read moreAlstom and Siemens update merger proposal to European Commission
Two European rolling stock manufacturers Alstom and Siemens Mobility have submitted a new joint remedy package to the European Commission in order to receive approval for their merger deal signed on 29 March 2018. The...Read more
Network Rail wants European Commission to block Siemens-Alstom merger
British infrastructure manager Network Rail has asked the European Commission to block the merger of Siemens and Alstom, because it would do ‘great harm’ to the railways in Great Britain. Network Rail chief executive Andrew Haines...Read more
European Commission: merger of Alstom and Siemens may reduce competition
The European Commission is concerned that the merger of Alstom and Siemens may reduce competition in the supply of several types of trains and signalling systems. It has opened an in-depth investigation to assess the...Read more
Permission French government brings merger Siemens and Alstom closer
The French Ministry of Economy and Finance has given Siemens permission for foreign investments within the framework of the merger with train manufacturer Alstom. The Ministry can restrict or prohibit foreign investments in specified industries...Read more