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Topic: Is_tag

Vossloh-made rail frog, source: Vossloh

Vossloh sells US turnout facility to Caterpillar

German supplier of railway products Vossloh Group has sold Cleveland Track Material, its main facility focused on manufacturing the turnout systems for the North American market. The plant was purchased by Progress Rail, a subsidiary...Read more
|Comment|author: Mykola Zasiadko
Eurostar, Thalys and TGV trains at Brussel-Zuid station, source: Maarten Otto via Flickr

Thalys and Eurostar may merge into one entity

European cross-border high-speed railway operators Thalys and Eurostar may merge into one entity. By 2030, the combined company will serve 30 million passengers a year and make a significant contribution to the EU’s ‘shift to...Read more
|Comment|author: Mykola Zasiadko
Indonesian delegation at Stadler facility in Switzerland, source: Stadler Rail

Stadler establishes first joint venture in Asia

Swiss rolling stock manufacturer Stadler Rail has set a strategic milestone in expanding its business abroad. The company signed an agreement with its Indonesian counterpart PT INKA to establish the first joint venture in Indonesia...Read more
|Comment|author: Mykola Zasiadko
Vossloh DE18 locomotive, source: Vossloh

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
|Comment|author: Mykola Zasiadko
Newcastle Light Rail, source: Wikipedia

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
|Comment|author: Mykola Zasiadko
GE locomotives, source: General Electric

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
|Comment|author: Mykola Zasiadko
Siemens and Alstom logos, source: Siemens

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 more
|Comment|author: Mykola Zasiadko