The Škoda Transportation Group has announced its intention to acquire 100 percent of Ekova Electric, which is currently owned by Dopravní podnik Ostrava.
The two parties have signed an agreement outlining the deal and the share will be transferred to Škoda in 2021.
“The key news is that with the signing of the contract, not only was a decision made about the future of EKOVA ELECTRIC, but the decision to build a new unique competence center in Ostrava was also definitively made. It will focus on traditional repairs and modernization of vehicles for Dopravní podnik Ostrava, but also for other transport companies. Thanks to the expertise and many years of experience of our employees, we will also manufacture new trams, electric buses and trolleybuses for current and future Škoda customers.
“We are going to invest significantly in the modernization of the plant and technological equipment. Škoda's entry into the Ostrava-based company will help stabilize and create new jobs in the Moravian-Silesian Region, which is certainly good news for the entire region in the current difficult economic situation.”
Škoda Transportation has an established presence in the Czech city of Ostrava, the capital of the Moravian-Silesian Region. The company’s subsidiary Škoda Digital is concentrated there, while Škoda Vagonka operates directly in Ostrava. This latter subsidiary focuses on developing and producing rail vehicles. It is undergoing a vital growth development, with an investment of roughly 1 billion CZK in expanding and modernising the facilities. Furthermore, the site will create several hundred new jobs.
“For a long time now we have been intensively dealing with the long-term sustainable future and prosperity of EKOVA Electric in the technologically rapidly changing world of mobility. I am glad that the period of uncertainty and speculation is coming to an end and the company, which was established almost 10 years ago by splitting from Dopravní podnik Ostrava, is now becoming part of the strong and rapidly expanding domestic group Škoda Transportation. This is good news for EKOVA and its employees, who will have the opportunity to make full use of their potential and technical skill, for our transport company, as well as for the entire city and region. Negotiations on the sale of EKOVA were not easy, but they were conducted correctly, resulting in an agreement with which we are satisfied.”
This acquisition marks an important step forward for Škoda Transportation, which is looking to increase its production volume substantially in the coming years.
Banedanmark has completed installation of digital CBTC signalling on the last three sections of the Copenhagen S-Bahn.
An Arup-Aurecon alliance has been selected as the preferred bidder to plan and develop the future Auckland Light Rail network.
CargoBeamer has operated the first intermodal train to transport semi-trailers between Marseille and Calais, France.
Siemens AG will lead a consortium to facilitate advances in operating automated regional trains with artificial intelligence (AI).
Transport for London (TfL) has announced that the Bond Street Elizabeth line station will open on 24 October.
Stadler will manufacture and deliver an automated rack-and-pinion rail vehicle for Appenzeller Bahnen’s Rheineck–Walzenhausen rail link.
Amtrak has announced a pledge to achieve net-zero greenhouse gas emissions across its entire network by 2045.
PKP Intercity has chosen PESA Bydgoszcz to undertake the heavy maintenance (level 5) of 24 152A and 35 154A series cars.
Progress Rail has been chosen to supply BNSF Railway with four EMD Joule battery electric locomotives and two charging systems.
Los Angeles County Metropolitan Transportation Authority (LA Metro) has announced that the K Line will open on 7 October 2022.
Caltrain has unveiled its new electric train cars – a key component of its electrification project. These will enter service in 2024.
At InnoTrans, Talgo introduced its intercity train platform as well as new solutions to support decarbonisation of rail transport.
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Alstom has been contracted to supply Italian railway operator, Polo Mercitalia (FS Group) with 20 Traxx DC3 electric locomotives.
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Rennes Metro’s Line B has now entered revenue service, equipped with Siemens Mobility’s driverless metro system Cityval.
Stadler has unveiled its FLIRT H2 hydrogen train, which will be delivered to the San Bernardino County Transportation Authority in 2023.
The Romanian Railway Reform Authority (ARF) has contracted Alstom to supply an additional 17 Coradia Stream inter-regional trains.
The EU Commissioner for Transport, Adina Vălean, addressed the rail industry, operators and policy makers at InnoTrans 2022.
Škoda and RNV unveiled the new 1m-gauge tram-train for the cities of Heidelberg, Mannheim and Ludwigshafen am Rhein at InnoTrans 2022 today.
InnoTrans 2022 is officially kicking off on 20 September. As is customary, the press gets a sneak peek the day before.
Alstom has proven the capability of the Coradia iLint train to provide long-distance travel with its recording-breaking 1175km journey.
Dutch Railways has chosen Siemens Mobility to retrofit 176 of its ViRM trains with the latest ETCS Level 2 technology.
CRRC has successfully completed the first Optics Valley Photon monorail suspension train for use in Wuhan, China.
RTM (Régie des Transports Métropolitains) has contracted CAF to supply 15 new trams for Marseilles, France.
Deutsche Bahn and Siemens have entered the first Digital S-Bahn automatic train into passenger service in Hamburg, Germany.
Alstom has opened a new 460 square metre engineering and innovation centre in Maia, Portugal, which will initially provide 25 jobs.
The Port Authority Trans-Hudson (PATH) has taken delivery of two new rail cars from Kawasaki as part of its improvement plan,
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Alstom has been awarded a contract to supply a fully integrated Traffic Management System (TMS) for KiwiRail's network in New Zealand.
Deutsche Bahn (DB) has unveiled the first car of its new ICE L (low floor), which has stepless access, improving accessibility.
Construction has begun on Latvia’s longest railway overpass, with the completion of the structure’s first piles.
Union Pacific has issued a 600 million USD green bond offering to fund investments that will decarbonise the company’s footprint and reduce its emissions.
Construction is now complete on the underground space at Châtillon Montrouge station, which will serve the Grand Paris Express metro Line 15.
CAF will supply an additional 5 trams equipped with OESS to run on catenary-free sections of the Canberra Metro.
Alstom has announced the solutions and rolling stock it will be showing at InnoTrans 2022, with a focus on digitalisation and green mobility.
Automatic driverless metros are now running on Paris Metro’s Line 4, as work has been completed to digitise and automate the line.
CAF has been selected to supply 42 TW 4000 LRVs for ÜSTRA, the public transport operator in the city of Hannover, Germany.
The Birmingham Eastside Metro extension has reached a new milestone with the installation of 45 metres of double track.
DB Cargo has showcased how it’s already capable of transporting large quantities of hydrogen by freight rail.
Etihad Rail has connected the national rail network’s main line with the ICAD-based railway freight terminal currently under construction.
Alstom has received an order for an additional 12 VLocity DMU regional trains from the Department of Transport in Victoria.
Alstom and SNCF have unveiled the TGV M high-speed Avelia Horizon train at Alstom's La Rochelle site in France.
Deutsche Bahn and Siemens have commenced testing for the Mireo Plus H hydrogen trains along with the mobile hydrogen refuelling process.
A Talgo Avril very high-speed train has set a new record during testing by reaching a speed of 360 kilometres per hour in Iberian gauge.
The California High-Speed Rail Authority has released the draft environmental report for the Palmdale to Burbank section.
Sierra Northern Railway (SERA) has unveiled the look of its new zero emission hydrogen switching locomotive.
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Ballard Power Systems’ fuel cells will power India’s first hydrogen trains thanks to a fuel cell module order from Medha Servo Drives.
Eiropas Dzelzceļa līnijas has launched the second stage of the tender for the construction of the Rail Baltica mainline in Latvia.
An Alstom-led consortium will supply the communications-based train control (CBTC) solution for the extension of Line 1 of the Panama Metro.
CZ Loko has dispatched the first of five EffiShunter 1000 locomotives ordered by Trainpoint Norway from its Jihlava plant.
ÖBB and Siemens Mobility have revealed the interior designs of the next generation Nightjet sleeping and couchette cars.
The Rhaetian Railway (RhB) has inaugurated two new fire and rescue vehicles (LöReF) for use in the Vereina tunnel in eastern Switzerland.
A new DLR timetable will be introduced on 26 September in response to changes in passenger use of the network since the Elizabeth line opened.
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The US Department of Transportation has announced over $1.4 billion in consolidated rail infrastructure and safety improvement grant funding.
FGC (Ferrocarrils de la Generalitat de Catalunya) has ordered 10 Coradia Stream regional trains from Alstom.
The MBTA has selected CAF to supply 102 Light Rail Vehicles (LRVs) that will operate on the Green Line in the City of Boston.
Network Rail has opened a new entrance building with step-free access for Elizabeth Line passengers using Ilford station in London.
The final piece of track has been laid for the Sydney Metro City & Southwest lines, Australia's largest public transport project.
Thelo DB has signed a framework agreement with the Ghanaian government to modernise Ghana's railway network.
ST Engineering, Stadler and Siemens Mobility consortium will provide turnkey rail services for Kaohsiung's new MRT Yellow Line in Taiwan.
Rail Baltica has contracted a joint venture to provide Shadow Operator services for the Rail Baltica high-speed corridor.
The Honolulu Authority for Rapid Transportation has announced that trial testing for the Honolulu Rail System commenced on 29 August 2022.
Transport for London (TfL) has reached a funding agreement with the UK government to support its transport network until March 2024.
Alstom has been charged with the maintenance and modernisation of five five-car trainsets by the Buenos Aires subway operator Emova.
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Stadler has completed its first two Class 555 metro trains for Nexus, the owner and operator of Tyne and Wear Metro.
Refurbishment of Romford station has been completed as part of a programme to upgrade existing stations providing Elizabeth line access.
The first JNA-X Box Wagon prototype for GB Railfreight and Porterbrook has rolled off Greenbrier’s production line in Romania.
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The Llandudno Junction freight yard is back in use following renovation work and will now be used to transport Welsh slate aggregate.
Egypt’s National Authority for Tunnels has signed a contract for the manufacture and supply of 40 metro trains with 320 metro vehicles.
The UK Transport Secretary has signed a new partnership agreement with Israel to share expertise on large scale rail projects.
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14 Coradia iLint regional trains are now in passenger operation on the world’s first full hydrogen-operated route in Lower Saxony, Germany.
Abellio UK has announced a management buyout deal that will pave the way for a new UK-based company to take over its existing UK services.
Hallesche Verkehrs-AG (HAVAG) has contracted Stadler to supply 56 TINA trams for use in the city on the Saale from 2025.
Gwendoline Cazenave has been named the incoming Chief Executive Officer (CEO) of Eurostar Group, succeeding Jacques Damas.
Lines from Reading, Heathrow and Shenfield will connect with the central Elizabeth line section from November.
HS2 has commenced work on the thirty-eight cross passages that will link the northbound and southbound Chiltern tunnels.
The Rail Baltica joint venture RB Rail has signed an agreement with software provider Esri to integrate GIS software across all its projects.
Alstom has signed a contract with DB Cargo Belgium and DB Cargo Netherlands to maintain a fleet of 60 DE-6400 locomotives.
Locomotive leasing company, Mitsui Rail Capital Europe (MRCE) has ordered 14 Vectron MS multisystem locomotives from Siemens Mobility.
SNCF Voyageurs has ordered an additional 15 new-generation Avelia Horizon very high-speed trains from Alstom.
The US Department of Transportation has awarded over 233m USD to projects that will improve and modernise intercity passenger rail services.
The California High-Speed Rail Authority Board of Directors has approved the line's 43-mile section from San Francisco to San Jose.
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