Latest Business News
All the latest business news in the rail sector.
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University of Birmingham Preferred Bidder for NCATI
The University of Birmingham is the preferred bidder to incorporate the National College of Advanced Transport & Infrastructure (NCATI).
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Commission Approves Alstom's Acquisition of Bombardier
The European Commission has approved the proposed acquisition of Bombardier Transportation by Alstom, following Alstom's commitments.
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EUROFIMA Signs €240m Financing Transaction with FS Italiane
Eurofima has entered into a financing transaction with FS Italiane. It will loan 240 million euros to the Italian operator for 14 years.
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Škoda Transportation Launches 1bn CZK Investment in Pilsen
Skoda Transportation has launched a 1bn CZK (40 million euro) investment in new facilities in Pilsen, for which it will hire 1000+ people.
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Alstom Orders Up on Last Year Despite Coronavirus
Alstom has published its financial results for Q1 of 2020/21, with total orders up compared to the same period in the previous year.
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Skoda Transportation to Acquire Ekova Electric
Skoda Transportation has announced its intention to acquire Ekova Electric in the Czech city of Ostrava. Share transferral expected in 2021.
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Alstom to Submit Commitments to EC for Bombardier Transportation Acquisition
Alstom plans to submit commitments to the Commission in anticipation of its planned acquisition of Bombardier Transportation early next year…
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Construction Start for Siemens Mobility Goole Rail Factory
The UK prime minister marked the start of construction of the Siemens Mobility Rail Factory in Goole, on 6 July 2020.
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DB Cargo Belgium Runs Trains under Belgian Licence
DB Cargo Belgium has begun operating under an exclusively Belgian licence and ran its first train under that licence on 14 June.
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China-Europe Mail Growth Sector for Rail Freight
UTLC Eurasian Rail Alliance says it has seen an increase in mail trains from China to Europe as a result of the restrictions on air freight.
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OEBB Sleeper Trains to Resume across Europe
Coronavirus: OEBB will resume its Nightjet sleeper trains to destinations such as Prague, Zurich, Berlin and Venice starting on 26 June.
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Transport Companies Sign Grand Paris Express Partnership Agreement
RATP Dev, ComfortDelGro and Alstom have signed a partnership agreement to submit joint tenders for the Grand Paris Express.
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Keolis Renews Rail Contracts in US
Keolis has had two of its contracts in the United States extended. The first by MBTA in the Boston area, the second in Washington D.C. (VRE)…
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Stadler Takes Over Digitalisation Expert
Stadler takes over digitalisation expert in Germany to expand its portfolio in the hardware and software components for rolling stock market…
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SNCF Launches 2020 Hiring Drive
SNCF Réseau, the company's infrastructure arm, has launched its 2020 hiring drive, during which it wants to recruit 1000 rail staff.
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Alstom Providing Support Services to MetrôRio
Alstom is providing remote support services to the operational control centre for lines 1,2 and 4 of the MetrôRio, Rio de Janeiro
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HS2 Launches Innovation Accelerator
HS2 has launched an Innovation Accelerator to help develop solutions in three areas: the environment, the circular economy, and productivity…
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Vivarail Secures £1.5m Loan
Vivarail has secured a loan worth 1.5 million GBP that will help it expand by moving into new premises and hiring new staff.
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Rail Freight Punctuality Soars During Covid Crisis
Rail freight punctuality has increased from 60 percent to 80–90 percent during the coronavirus crisis due to greater network availability.