Railway supply industry news
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NewsStellex to acquire foundry and forge businesses
USA: Private equity firm Stellex Capital Management has reached a definitive agreement to acquire rail and industrial cast, forged and machined product manufacturer McConway & Torley and axle maker Standard Forged Products from Arcosa. The transaction is expected to close in Q3 this year. Stellex sees ...
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Metro Report InternationalRolling stock and signalling partners selected for Los Angeles driverless metro proposal
USA: One of the two consortia developing concepts for a high capacity public transport link through the Santa Monica mountains between Los Angeles’ San Fernando Valley and Westside has selected the companies which would supply driverless metro trains and control systems should its proposal go ahead. ...
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NewsVossloh to acquire concrete sleeper manufacturer Sateba
FRANCE: A €450m agreement for Vossloh to acquire concrete sleeper manufacturer Sateba Group from TowerBrook Capital Partners was signed on July 30. Sateba has 1 120 employees and 19 production sites in 10 European countries, with a total capacity of around four million sleepers per year. ...
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NewsAlstom in ‘constructive’ discussions over future of Görlitz factory
GERMANY: Alstom has confirmed that it is in ‘constructive’ discussions with an unnamed industrial partner regarding the future of the rolling stock factory at Görlitz in Sachsen. According to local media, staff at the plant were informed on July 26 that the site is likely to ...
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NewsData analysis service aims to optimise railway energy consumption
ENERGY: Mitsubishi Electric has launched a data analysis service to help railways to optimise the deployment and operation of their assets to reduce overall energy consumption. It uses Mitsubishi Electric’s Serendie digital platform, which collects and analyses data such as the power consumption and operational status ...
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NewsWabtec expands Indian locomotive servicing capabilities
INDIA: Wabtec has begun maintaining locomotives at Gooty in Andhra Pradesh under a model which sees Indian Railways provide the infrastructure and staff while the manufacturer leads technical supervision to meet availability, reliability and fuel efficiency targets. The three-year contract covers the regular maintenance of up ...
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NewsVossloh acquires French turnout and signalling contractor
FRANCE: Vossloh has acquired France Aiguillages Services, which provides a range of turnout and signalling installation, inspection and maintenance services and has extensive approvals to undertake work for its biggest customer SNCF. The transaction announced on July 19 includes the LUNEFCF centre which provides training for ...
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NewsUkrainian grain wagons made with domestic components
UKRAINE: The Karpaty wagon factory has developed five models of grain hopper wagon using newly-sourced domestically produced components. This will enable wagon production to continue despite the loss of the Azovstal and Azovmash plants in Mariupol as a result of Russia’s full scale invasion. Last year ...
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NewsAustralasian rail industry study tour to visit London and Paris
INTERNATIONAL: The Australasian Railway Association is organising a study tour to London and Paris the week before InnoTrans, to provide delegates with insights into topics including interoperability, high speed rail, sustainability, infrastructure development and operations, as well as networking opportunities with industry leaders. The London leg ...
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NewsInvestors take stake in Flix
INTERNATIONAL: Investors EQT Future and Kühne Holding have agreed to acquire a 35% minority stake in Flix, which manages the commercial side of open access train and coach services that are operated by partner companies. In addition to a primary investment, the investors will acquire shares ...
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NewsWagon manufacturing plant opens
KAZAKHSTAN: Industrial and logistics group Texol has opened a wagon manufacturing plant in Atyrau. It is initially producing open and flat wagons with 23·5 tonne axleloads. Further wagon types are to follow, including tank and articulated well designs with 25 tonne axleloads. The site currently has ...
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NewsGo-Ahead Deutschland renamed Arverio as ÖBB targets growth in southern Germany
GERMANY: The Go-Ahead Deutschland business which Austrian Federal Railways acquired from The Go-Ahead Group in February has been rebranded as Arverio Deutschland, a name derived from the Gallo-Roman ‘god of the roads’ Arvernus. Announcing the new name on July 10, Arverio said ...
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NewsSchleswig-Holstein establishes train leasing company
GERMANY: The Land of Schleswig-Holstein has established its own train leasing company ZUG.SH, saying this will lower financing costs and widen the pool of potential bidders for train operating contracts. ZUG.SH will finance the €500m purchase of 42 Coradia Max partly double-deck electric multiple-units already on ...
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NewsDanish train operator to buy solar power
DENMARK: National passenger operator DSB has agreed to purchase 80 GWh/year from the 262 GWh/year Lidsø Solar Park which European Energy is to develop on a 253 ha site at Rødbyhavn. DSB said this is equivalent to half of the current power consumption of its København ...