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Economy. Filter by tags

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Škoda Group and Hyundai enhance cooperation
Škoda Group and Hyundai enhance cooperation

South Korea, Czechia: Škoda Group has signed memoranda of understanding with two subsidiaries of the South Korean holding, the rolling stock producer Hyundai Rotem and the car manufacturer Hyundai Motor.

30 September 2024
Belarus plans to launch SKD assembly of multiple units in cooperation with Russia
Belarus plans to launch SKD assembly of multiple units in cooperation with Russia

Belarus: Alexei Lyakhnovich, Minister of Transport and Communications, has announced the news at the joint session of the House of Representatives and the Council of the Republic.

27 September 2024
Talgo and Pesa agree to cooperate on high-speed train construction for Poland
Talgo and Pesa agree to cooperate on high-speed train construction for Poland

Germany: Both producers from Spain and Poland signed a memorandum of understanding at InnoTrans 2024.

26 September 2024
Siemens owes Russian Railways more than $283 mln in penalties
Siemens owes Russian Railways more than $283 mln in penalties

Russia: The law firm OrçLaw has shared with ROLLINGSTOCK its calculations on four main claims brought by the Russian operator against the German manufacturer.

29 August 2024
Spanish government blocks Ganz-MaVag’s takekover of Talgo
Spanish government blocks Ganz-MaVag’s takekover of Talgo

Spain: The decision was made by the Council of Ministers. The press release from the Ministry of Economy and Finance stresses that approval of the deal would pose “insurmountable risks to national security”.

29 August 2024
Indian BEML and Malaysian SMH Rail sign Memorandum of Understanding
Indian BEML and Malaysian SMH Rail sign Memorandum of Understanding

India, Malaysia: The manufacturers have entered into a partnership in terms of supply and maintenance of rolling stock products for the markets of Southeast Asia and Africa.

29 August 2024
New countries join international analytical platform UrbanTransportData
New countries join international analytical platform UrbanTransportData

The Government of Moscow launched an information platform UrbanTransportData a year ago. Last week, its current functionality was presented at the International Transport Summit, attended by 107 experts from 24 countries.

29 August 2024
Alstom challenges charge of €24.5 mln in favour of bankrupt First Locomotive Company
Alstom challenges charge of €24.5 mln in favour of bankrupt First Locomotive Company

Russia: Following the rejection of its appeal at the end of July, the French manufacturer filed a new appeal with the Commercial Court of the Volga Federal District.

27 August 2024
Talgo rejects Škoda Group merger offer
Talgo rejects Škoda Group merger offer

Spain: This is what IRJ writes with reference to a letter from the company’s board of directors.

26 August 2024
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