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NS fined €41m for Limburg irregularities; set to appeal THE Dutch anti-monopoly office, ACM, has issued a €41m fine to Netherlands Railways (NS) for abusing its economic position in the public transport market in a tender for regional operations in the Province of Limburg.
beacon-rail-acquires-voyager-demus
BEACON Rail Leasing announced on July 21 that it has concluded the acquisition of the fleet of class 220 and 221 Voyager inter-city DEMUs operated by British franchises Virgin Trains West Coast and Cross Country...
canadian-pension-funds-sell-high-speed-1
BOREALIS Infrastructure, Canada, and Ontario Teachers’ Pension Plan announced on July 14 that they have entered into a definitive agreement to sell their 30-year concession to own, operate and manage Britain’s 109km High-Speed 1 (HS1)...
grupo-mexico-completes-florida-east-coast-acquisition
GRUPO México has completed the acquisition of Florida East Coast Holdings (FEC), the owner of Florida East Coast Railway, through its transport business unit, Grupo México Transportes (GMXT). The $US 2bn acquisition positions GMXT as a...
abellio-becomes-sole-shareholder-in-westfalenbahn
ABELLIO Germany announced on July 12 that it will become sole shareholder in German regional operator Westfalenbahn after reaching an agreement with its partners in the business, MoBiel, Mindener Kriesbahnen, and Extertal Transport, to acquire...
corys-and-rsi-merge
TRAIN driving simulation specialists Corys, a subsidiary of Areva (66%) and EDF (34%), and RSI, a subsidiary of IFP training, have agreed to merge. The companies will become part of the same group and the merger...
austria-reports-growth-in-passengers-and-freight-in-2016
AUSTRIA’s railway network carried a total of 288.8 million passengers in 2016, an increase of 6.4 million from 2015, according to figures released by Austrian rail regulator Schienen-Control in its annual report. Passengers using Austrian Federal...
saudi-arabia-seeks-private-partner-for-rail-operations
SAUDI Arabia’s Public Transport Authority (PTA) has announced that it is seeking to enter into a long-term partnership with leading international railway companies and investors to provide passenger and freight services in the country. Boosting private...
snc-lavalin-acquires-atkins-for-$c-36bn
CANADIAN engineering company SNC-Lavalin has confirmed the acquisition of consultancy company Atkins for a $C 3.6bn ($US 2.77bn). Atkins has 18,000 employees in the United States, Middle East, Asia and Europe, particularly in Britain and in...
sheffield-tram-train-project-quadruples-in-cost
BRITAIN’s National Audit Office (NAO) has published findings of an investigation into the Sheffield to Rotherham tram-train scheme, and has discovered Network Rail’s (NR) original cost has quadrupled, the cost:benefit ratio has plummeted and it...
hugo-vogelsang-maschinenbau-founds-spin-off-company
GERMAN company Hugo Vogelsang Maschinenbau (HVM), which specialises in configurable machines including for the rail sector, has founded a spin-off company, Vogelsang & Co, to which it has transferred all operational business areas. HVM will continue...

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