NOMAD Digital has established a joint venture with EMEF, the maintenance subsidiary of Portuguese Trains (CP) to market onboard condition-based monitoring (CBM) technologies for the rail sector.
POLISH rolling stock manufacturer Newag has announced plans to sell a 48.44% stake in the company through a flotation on the Warsaw Stock Exchange, which will begin on December 4.
LITHUANIAN Railways (LG) CEO Mr Stasys Dailydka has signed a memorandum of understanding with Transmashholding (TMH) president Mr Andrei Bokarev as a first step towards establishing a joint venture to assemble locomotives in Lithuania for the Baltic States and other European markets.
THE Russian government was presented with a provisional three-year investment budget of Roubles 1.2 trillion ($US 37.78bn) for Russian Railways (RZD) during a cabinet meeting on November 14, which includes investments of Roubles 395.6bn in 2014, Roubles 415.2bn in 2015, and Roubles 438.4bn in 2016.
THE tendering process is underway for a design contract for the proposed 1520mm-gauge line from Kosice, Slovakia, to Vienna that will extend Russian 1520mm-gauge infrastructure into the heart of Europe.
THE supervisory board of Czech Railways (CD) has approved the purchase up to 80 long-distance coaches from Austrian Federal Railways (ÖBB) in a deal worth up to CKr 413m ($US 20.5m).
UNITED Wagon Company (UWC), Russia, and Tatravagonka, Slovakia, have formed a joint venture company, Railway Casted Components (RCC), which will produce Barber bogie castings for 1520mm-gauge wagons.
GREECE'S Hellenic Republic Asset Development Fund (HRADF) announced on October 31 that three bids for the sale of national train operating company Trainose have qualified for the final stage of the privatisation process.
The Western Australian capital city of Perth is experiencing rapid population growth which is placing ever greater demand on its public transport infrastructure. Regional editor Mark Carter considers the current state of play for the city's rapid transit ambitions.
Swedish transport authority Trafikverket hosted a matchmaking session with prospective suppliers for a range of infrastructure projects included in Sweden's proposed 2014-2025 Transport Plan at last month's Nordic Rail exhibition in Jönköping. Kevin Smith was in the audience.