FINMECCANICA CEO Mr Mauro Moretti has invited bidders to submit binding offers within the next few days for the acquisition of AnsaldoBreda and its 40% stake in Ansaldo STS, according to reports in the Italian financial press.
FINMECCANICA says it received an offer from Hitachi on November 17 for the acquisition of its loss-making rolling stock unit AnsaldoBreda and the company's 40% stake in Ansaldo STS.
TRIAL operation has begun on a 1.7km section of China's first catenary-free light rail line in Zhuhai in time for the start of the 10th China International Aviation & Aerospace Exhibition.
THE mayor of Rome, Mr Ignazio Marino, officially opened the first section of Line C on November 9. This is the Italian capital's third metro line.
FINMECCANICA CEO Mr Mauro Moretti confirmed to a hearing of the industry committee of the Italian Senate on October 14 that the company has shortlisted CNR and Hitachi for the acquisition of its rail assets.
LETBANEN, the public company responsible for developing the tram-train network in the Danish city of Aarhus, has signed a €292m contract with a consortium of Ansaldo STS and Stadler Pankow which will supply railway infrastructure and rolling stock for the project.
With ERTMS set to be rolled out on some of Britain's busiest main lines over the next five years, testing and validation is now well underway in preparation for large-scale deployment. Keith Barrow visits Network Rail's ETCS National Integration Facility to see how the infrastructure manager is preparing for the transition.
RIO Tinto is to start tests of driverless heavy-haul iron ore trains on the Tom Price railway in the Pilbara region of Western Australia this month as it moves towards completion of its AutoHaul automation project.
CNR DALIAN Locomotive & Rolling Stock, China, has been awarded a contract to supply 31 low-floor LRVs for Beijing's Xijiao light rail line, which is due to open in 2015.
FOLLOWING weeks of speculation, GE confirmed on April 4 that it sees no possibility of acquiring Ansaldo STS from parent company Finmeccanica.