BELGIUM's infrastructure manager Infrabel has awarded a joint venture of Siemens and Cofely Fabricom, Belgium, a €510m contract to rollout ETCS Level 2 on 36% of the Belgian network.
THE British government has announced plans to sell its 40% stake in cross-Channel high-speed operator Eurostar to help reduce the national debt.
The British Treasury has set a deadline of October 31 for companies to prequalify to purchase the shares and it hopes to select investors during the first quarter of 2015. UBS is advising on the sale.
BELGIAN National Railways (SNCB) has awarded Alstom a contract worth around €70m to supply and maintain ETCS Level 2 onboard equipment for five fleets of multiple units totalling 449 trains.
NETHERLANDS Railways (NS) could be poised to acquire a stake in Thalys, the operator of high-speed services between Paris, Brussels, Amsterdam, Cologne, and Essen, according to reports in the Dutch media.
BELGIAN National Railways (SNCB) has agreed a €2.5m settlement with AnsaldoBreda over its cancelled contract for three V250 high-speed trains, ending legal proceedings against the Italian manufacturer over the much-maligned rolling stock for the now abandoned Fyra service.
AnsaldoBreda has generally hit the news headlines for all the wrong reasons in recent years. But with a sale of the company now appearing a distinct possibility, significant restructuring work has taken place behind the scenes to secure the manufacturer's long-term future, as Kevin Smith and Marco Chiandoni discover.
NETHERLANDS Railways (NS) and Finmeccanica, the parent company of Italian rolling stock manufacturer AnsaldoBreda, have reached a settlement on the future of the V250 Fyra high-speed trains and the cancellation of the contract by NS.
BELGIUM's state audit office has suspended its investigation into the V250 high-speed train case because it says parties key to the inquiry, including Belgian National Railways (SNCB) and Netherlands Railways (NS), are unwilling to disclose crucial information.
ONE year ago the Dutch-Belgian Fyra high-speed operation collapsed.
THIS MONTH sees major changes in the organisation of Belgium's railway industry with the implementation of reforms that will abolish Belgian National Railways (SNCB) Holding and transfer all of its assets, liabilities, and activities to the state-owned train operator, SNCB, and infrastructure manager Infrabel.