Business

EUROFIMA provides €200m Financing to FS Italiane

EUROFIMA provides €200m Financing to FS Italiane

EUROFIMA, a rolling stock financing company with a non-profit mission, has agreed a 200m euro loan with FS Italiane for TRAXX locomotives.

Deutsche Bahn to Resume Rail Services to All Neighbouring Countries as of June

Deutsche Bahn to Resume Rail Services to All Neighbouring Countri...

From June Deutsche Bahn will run train services into all neighbouring countries again, following a gradual resumption in May.

Dr Thomas Ahlburg Quits as Stadler Group CEO

Dr Thomas Ahlburg Quits as Stadler Group CEO

Stadler Group CEO Dr Thomas Ahlburg parts ways with the company with immediate effect. Peter Spuhler takes over as interim Group CEO.

Transdev Group Appoints Anna Höjer CEO of Transdev Sweden

Transdev Group Appoints Anna Höjer CEO of Transdev Sweden

Anna Höjer will take over as CEO of Transdev Sweden in September 2020. She is currently working for Bombardier Transportation.

TfL Receives Government Funds to Avoid Bankruptcy

TfL Receives Government Funds to Avoid Bankruptcy

Transport for London (TfL) has received coronavirus bailout – a mixture of grants and loans from the government worth 1.6 billion GBP.

Schleswig-Holstein Issues Tenders for TOCs to Run Battery Trains

Schleswig-Holstein Issues Tenders for TOCs to Run Battery Trains

Schleswig-Holstein transport manager NAH.SH has started looking for operators to run services with the new Stadler Akku trains from 2022.

Coronavirus Cashflow: HS2 Speeds Up Payments

Coronavirus Cashflow: HS2 Speeds Up Payments

HS2 says it will pay its suppliers as soon as possible rather than within the contract terms and has asked Tier 1 contractors to do the same.

Alstom Gives Bombardier Acquisition Update

Alstom Gives Bombardier Acquisition Update

Alstom has given an update on its plans to acquire Bombardier Transportation in its 2019/20 full year results.

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