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.
12 February 2023
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.
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.
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.
Michel Boccaccio, the producer's vice president in the region, indicated in an interview with BNamericas that he sees the markets of Brazil, Mexico and Chile as the most promising, and noted the region's major challenges.
Russia: The investment plan of the national railway operator was agreed by the government at the meeting on November 10 and approved by the RZD’s Board of Directors on November 24. Its total volume should amount to $18 bln.
Spain: The manufacturer's CEO Michael Peter shared his vision in an interview with El Pais newspaper.
Spain: Following the results for 9 months of 2022 published in the financial report of the company, it has reached an all-time high backlog of €11.9 bln.
USA: The country’s Department of Defense has included CRRC in the list of companies that are suspected to carry out a defense order in China. Based on this list, the US President may introduce sanctions later.
Germany: The VDB national railway industry association gave a tough talk, pointing out the need for urgent support measures at the European level.