VOSSLOH has announced that group sales from continuing operations increased from €822.5m to €918.3m in fiscal 2017. However, the company is set to end the year with a negative net…
THE European Union (EU) has confirmed a further €38.5m in co-financing for the three-stage modernisation of Kosovo’s railway infrastructure.
BOMBARDIER Transportation recorded revenues of $US 8.5bn in 2017, a 13% increase from the $US 7.57bn reported in 2016. Ebit also increased by 5% from $US 396m to $US 417m,…
SLOVENIAN Railways (SŽ) has closed the bidding process for the sale of a 49% stake in its rail freight unit Tovorni Promet.
BRITAIN’s infrastructure manager Network Rail (NR) says it wants to increase spending to £47bn in the five-year period from 2019 to 2024 (Control Period 6 - CP6) in order to…
THE municipal administration of Italy’s autonomous Alto Adige province has committed €172m to its mobility and infrastructure plan for 2018-2020.
THE shareholders of Italy’s open-access high-speed operator Italo-NTV have decided to accept the offer from the Global Infrastructure Partners III equity fund to acquire the entire share capital of the…
SWEDISH passenger operator SJ says it sold 30 million tickets for its services in 2017, a new record, and an increase of 2% over the previous year.
NEW York-based investment fund Global Infrastructure Partners III (GIP) has launched a bid to acquire Italian open-access high-speed operator Italo-NTV, just weeks before its planned initial public offering (IPO) on…
LORAM Maintenance of Way and Georgetown Rail Equipment Company (Grex) have completed a definitive merger agreement whereby Loram will acquire all outstanding shares of Grex.
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