Spain: The company has notified the Spanish stock market regulator CNMV of its plans to buy all the shares in the manufacturer for €632 mln, or €5 per share.
USA: Lori Kahikina, executive director and CEO of HART, said this as she reviewed the first six months of operation of the Skyline light rail system. She described the figures as “unheard of” for public transport.
India: Two local companies, Titagarh Rail Systems and Sidwal, have announced the creation of a special purpose vehicle, SPV, with each party investing INR 1.2 bln ($14.4 mln).
France: The order, worth €1.1 bln, is a part of an option to the 2019 contract with Ile-de-France Mobilités, a regional transport authority, for the delivery of up to 444 MF19 trains.
Germany: Members of DB’s infrastructure division InfraGo and a representative of the software development company dSPACE talked about one of the key aspects of the deployment of unmanned rail transport.
Brief overview of key events and news in the rail rolling stock markets.
USA: Hyundai Rotem has won a tender announced by the Los Angeles County Metropolitan Transportation Authority, LACMTA, to supply 91 two-car metro trains.
Kazakhstan: By the end of 2023, Kazakhstan's national operator had received 112 locomotives, 102 passenger cars, and 242 gondola cars.
Germany: The company says it has completed the acquisition of Reuschling in Hattingen, which specialises in the maintenance, scheduled and unscheduled repair and refurbishment of shunting locomotives.