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DB announces return to profitability THE newly-appointed CEO of German Rail (DB), Dr Richard Lutz, announced a return to profitability on March 23 having turned a loss of €1.3bn in 2015 into a €700m profit last year.
öbb-reports-solid-2016-results
AUSTRIAN Federal Railways (ÖBB) has reported strong results for 2016, with ridership reaching a record 244 million passengers in 2016, slightly up from the 238 million passengers recorded in 2015. Rail Cargo Austria (RCA) says that...
mrce-sells-32-diesel-locomotives
LEASING company Mitsui Rail Capital Europe (MRCE) has sold 32 Vossloh diesel locomotives to Dublin-based RIVE for an undisclosed sum. The sale includes three G1000s, 25 G1206s, and four G2000s. MRCE will transfer 26 of the locomotives...
rzd-revenue-and-profits-grow-in-2016
REVENUES at Russian Railways (RZD) increased by 7.1% to reach Roubles 2.133 trillion ($US 38.08bn) in 2016 helping the company’s Ebidta to soar by 15.4% to Roubles 443bn and net profit to increase from Roubles...
snc-lavalin-to-acquire-atkins
SNC-LAVALIN announced on April 20 that it has reached an agreement with WS Atkins to acquire the company’s entire share capital at £20.80 per share, representing an aggregate cash consideration of £2.1bn. The acquisition, which has...
são-paulo-to-invite-bids-for-lines-5-and-17-concession
THE government of São Paulo has announced that bidding will open on July 4 for the public-private partnership (PPP) concession to operate lines 5 and 17 of the Brazilian city’s metro network. Governor Mr Geraldo Alckmin...
what-can-the-developing-world-do-to-get-the-most-out-of-public-private-finance?
While public-private partnerships (PPP) are used extensively as a delivery model for major infrastructure projects, there are still only limited examples of successful railway PPPs in emerging markets. Andrew Buisson, a partner with global law...
bombardier-siemens-rail-business-merger-mooted
BOMBARDIER and Siemens are discussing a possible merger between their two railway equipment manufacturing division, Bombardier Transportation and Siemens Mobility, according to a report by Bloomberg.The main objective would be to create a much larger...
ge-acquires-stake-in-kazakh-locomotive-builder
GE Transportation announced on April 12 that it has completed the acquisition of a 50% stake in JSC Lokomotiv Kurastyru Zauyty (LKZ) from Kazakhstan Railways (KTZ). Established in 2009 as a 50:50 joint venture between KTZ...
transmashholding-revenues-jump-22-in-2016
TRANSMASHHOLDING (TMH), Russia, says it increased turnover by 22% in 2016 to Roubles 120bn ($US 2bn) thanks mainly to strong growth in the sale of passenger vehicles. Sales of EMUs rose by 49% from 174 units...
jp-morgan-acquires-beacon-rail-leasing
LONDON-based Pamplona Capital Management has agreed to sell British rolling stock leasing company Beacon Rail Leasing to JP Morgan Asset Management for £855m, less than three years after it acquired the company. Beacon Rail was established...

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