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Siemens allegedly boycotted Israel to sign a contract with Turkiye
14 February 2023
Siemens allegedly boycotted Israel to sign a contract with Turkiye

Germany: An investigation of SWR, a German public broadcasting corporation, led to allegations that the company had broken the law. Siemens denies the accusation.

Skoda Group acquires assets of a bankrupt Molinari Rail in Austria
12 February 2023
Skoda Group acquires assets of a bankrupt Molinari Rail in Austria

Austria: The Czech manufacturer established a subsidiary company in the country, which incorporated headquarters in Vienna and an office in Schwaz purchased from Molinari Rail.

Inter Cargo Company purchased facilities of the bankrupt Engels Locomotive Works
9 February 2023
Inter Cargo Company purchased facilities of the bankrupt Engels Locomotive Works

Russia: A freight car owner won an auction with a bid of more than RUB 2.8 bln ($38 mln) and purchased the property formerly owned by Bombardier Transportation: 86,000 m2 production facilities with equipment.

CRRC developed a high-speed diesel push-pull train for the UAE
9 February 2023
CRRC developed a high-speed diesel push-pull train for the UAE

UAE: The pre-production prototype operating at 200 km/h was delivered to the country for tests back in Autumn 2022. The contract has recently inked with Etihad Rail to supply 3 seven-car trains of this type.

India targets to invest $5.7 bln in the rolling stock in the new fiscal year
8 February 2023
India targets to invest $5.7 bln in the rolling stock in the new fiscal year

India: This sum is allocated in the national budget for April 2023 – March 2024 while the whole budget line for the development of the railway sector totals INR 2.4 tln ($29.3 bln).

TMH signed contracts on maintenance of passenger coaches in Egypt
8 February 2023
TMH signed contracts on maintenance of passenger coaches in Egypt

Egypt: The Russian manufacturer will provide 12-year technical support of the Russian-Hungarian passenger coaches being delivered since 2020. The agreements package is worth €430 mln totally.

Pakistan Railways starts to put new CRRC passenger coaches in operation
3 February 2023
Pakistan Railways starts to put new CRRC passenger coaches in operation

Pakistan: The national operator launched a passenger train consisting of 6 newly produced and 3 refurbished coaches by CRRC on the Islamabad – Karachi route.

DAKO-CZ’s expansion to the Indian market brought record sales in 2022
3 February 2023
DAKO-CZ’s expansion to the Indian market brought record sales in 2022

Czechia: For the first time annual revenues of the manufacturer of braking systems exceeded CZK 2 bln with the Indian market where DAKO-CZ set up two joint ventures with local manufacturers in 2022 accounting for 75% of sales.

RZD announced approval plans for new electric trains to replace Lastochka EMUs
31 January 2023
RZD announced approval plans for new electric trains to replace Lastochka EMUs

Russia: It is planned to certify the ES104 electric train in 2023, which will be an analogue of Lastochkas of the ES2G series, as well as to approve the ES105 bi-mode EMU which will replace the ES1P model.