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First case of the new public procurement regulation in the EU hits CRRC
First case of the new public procurement regulation in the EU hits CRRC

EU: After the manufacturer withdrew its bid for the supply of 20 passenger trains to Bulgaria, the European Commission cancelled the first closed in-depth investigation initiated in February.

28 March 2024
TMH returned to profitability in 2023
TMH returned to profitability in 2023

Russia: Last year, TMH made a record net profit of RUB 10.5 bln ($123 mln), according to IFRS statements. A year earlier, the company – for the first time since 2015 – posted losses of RUB 4.6 bln ($66 mln).

28 March 2024
Eastern European operators: zero EU support for diesel is a mistake
Eastern European operators: zero EU support for diesel is a mistake

Poland: This is the opinion of participants of the European Rolling Stock Forum held in Warsaw on 13 March, according to the Rynek Kolejowy.

26 March 2024
Alstom to provide passenger rail services in the UK
Alstom to provide passenger rail services in the UK

UK: The French company has applied to the Office of Rail and Road (ORR) to provide passenger services in England and Wales in partnership with SLC Rail, a rail consultancy.

25 March 2024
Spanish manufacturers face varied rolling stock orders trends
Spanish manufacturers face varied rolling stock orders trends

Spain: Two major local rolling stock builders, CAF and Talgo, report on varied trends in their activities.

18 March 2024
2023 top 10 events and trends in the global rolling stock market
2023 top 10 events and trends in the global rolling stock market

The most significant events and trends in the global rolling stock market in 2023 according to the ROLLINGSTOCK team.

15 March 2024
Renfe seeks to recover €166 mln from Talgo for delayed high-speed trains
Renfe seeks to recover €166 mln from Talgo for delayed high-speed trains

Spain: According to Spanish media, Renfe has decided to seek a higher fine from the train manufacturer, €166 mln instead of the €116 mln previously announced. Talgo says it has not yet received a lawsuit.

7 March 2024
German transport ministry may hold funding for hydrogen projects
German transport ministry may hold funding for hydrogen projects

Germany: Der Spiegel disclosed this information with reference to a letter from Stefan Schnorr, State Secretary at the Federal Ministry of Transport and Digital Infrastructure.

1 March 2024
CRRC signs cooperation agreement with Kazakh Samruk-Kazyna
CRRC signs cooperation agreement with Kazakh Samruk-Kazyna

Kazakhstan: With this strategic document, both companies aim to strengthen ties and find new investment opportunities.

29 February 2024