Financial

REVENUES at Russian Railways (RZD) increased by 7.1% to reach Roubles 2.133 trillion ($US 38.08bn) in 2016 helping the company’s Ebidta to soar by 15.4% to Roubles 443bn and net…
SNC-LAVALIN announced on April 20 that it has reached an agreement with WS Atkins to acquire the company’s entire share capital at £20.80 per share, representing an aggregate cash consideration…
THE government of São Paulo has announced that bidding will open on July 4 for the public-private partnership (PPP) concession to operate lines 5 and 17 of the Brazilian city’s…
While public-private partnerships (PPP) are used extensively as a delivery model for major infrastructure projects, there are still only limited examples of successful railway PPPs in emerging markets. Andrew Buisson,…
BOMBARDIER and Siemens are discussing a possible merger between their two railway equipment manufacturing division, Bombardier Transportation and Siemens Mobility, according to a report by Bloomberg.
GE Transportation announced on April 12 that it has completed the acquisition of a 50% stake in JSC Lokomotiv Kurastyru Zauyty (LKZ) from Kazakhstan Railways (KTZ).
TRANSMASHHOLDING (TMH), Russia, says it increased turnover by 22% in 2016 to Roubles 120bn ($US 2bn) thanks mainly to strong growth in the sale of passenger vehicles.
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…
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.
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…
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