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Talgo sale attracts more market players
Talgo sale attracts more market players

Spain, Poland: Last week, Piotr Malepszak, Poland’s Infrastructure Vice Minister, has expressed interest in acquiring the Spanish producer.

5 August 2024
Škoda Group, a small producer entering the global market
Škoda Group, a small producer entering the global market

The Czech rolling stock manufacturer has experienced a period of notable growth in recent times.

18 July 2024
Litigation over IT scandal involving Newag trains begins
Litigation over IT scandal involving Newag trains begins

Poland: The local manufacturer has initiated legal proceedings against the service company SPS and the hacker group Dragon Sector at the District Court of Warsaw.

18 July 2024
TMH’s plant in Engels also sold to Concern Tractor Plants
TMH’s plant in Engels also sold to Concern Tractor Plants

Russia: As stated in the press release, the transaction resulted in Concern Tractor Plants becoming the main shareholder of the plant. In June, the concern assumed control of another TMH’s asset, the steel works in Bezhitsa.

17 July 2024
Revenue and backlogs of orders in railway industry: 2023 results
Revenue and backlogs of orders in railway industry: 2023 results

The new geopolitical conditions are no longer having a major impact on the industry, as evidenced by the dynamics of changes in revenues and backlogs of orders of the major players in the rolling stock market.

3 July 2024
Alstom’s Derby plant to be saved from closure by long-awaited order
Alstom’s Derby plant to be saved from closure by long-awaited order

UK: The French manufacturer has signed a €437.6 mln order for the delivery of ten Aventra EMUs of 90 cars. These will be used for passenger service on the 117 km Elizabeth line in the London metropolitan area.

18 June 2024
TMH steel works in Bezhitsa sold to Concern Tractor Plants
TMH steel works in Bezhitsa sold to Concern Tractor Plants

Russia: This has been announced by Aleksandr Bogomaz, governor of the Bryansk region, following his meeting with Andrey Vodopyanov, head of Concern Tractor Plants (CTP).

18 June 2024
TMH’s Indian contract does not include exports from Russia
TMH’s Indian contract does not include exports from Russia

Russia: Kirill Lipa, General Director of TMH, made this statement during the Russia–India business dialogue at the St. Petersburg International Economic Forum.

14 June 2024
Alstom may consider relocation of rolling stock production from Germany to Poland
Alstom may consider relocation of rolling stock production from Germany to Poland

Germany: As Tagesspiegel cites Alstom’s employees, the company’s Görlitz and Hennigsdorf plants for tram, metro, MU projects are threatened with closure.

11 June 2024
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