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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.
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...
israel-railways-records-10-increase-in-profit
ISRAEL Railways (IR) made a profit of Shekels 77m ($US 21m) from current activities in 2016, a 10% increase on its Shekels 70m profit in 2015.However, net profit for 2016 was slightly lower than in...
german-rail-industry-records-52-increase-in-exports
THE German rail industry achieved a 5.2% increase in exports in 2016 to €6.1bn taking exports to 52% of total sales of €11.8bn. However, domestic sales fell by 12% to €5.7bn compared with 2015.The results...

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