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Economy. Filter by tags

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Less profit for Transmashholding in 2021
Less profit for Transmashholding in 2021

Russia: The largest rolling stock manufacturer in Russia has published its 2021 financials. Amid negative economic effects caused by the coronavirus pandemic and inflation, the holding managed to end the year with a profit.

21 March 2022
Siemens Mobility expands 3D printing of metal and plastic components
Siemens Mobility expands 3D printing of metal and plastic components

Germany: The company's strategy is aimed at the development of additive manufacturing to provide spare parts for repair depots in all countries. Since 2013, Siemens Mobility has already produced over 13,000 parts by 3D printing.

11 March 2022
US concerned about import dependency on railway wheels
US concerned about import dependency on railway wheels

USA: Logistical problems with imports from China and a sharp deterioration in relations between Russia and the United States amid events in Ukraine put the supply of wheels to American car builders at risk.

9 March 2022
CAF rail orders doubled in 2021
CAF rail orders doubled in 2021

Spain: At the end of 2021, the volume of new CAF orders in this segment amounted to €3 bln, compared to €1.4 bln in the previous year. A significant part of it was a large-scale order on trains for suburban transportation in Paris.

2 March 2022
Jan Harder: “Buy local” or the lessons learnt by the suppliers of the rail industry
Jan Harder: “Buy local” or the lessons learnt by the suppliers of the rail industry

After decades of globalisation in the rail industry supply chain organisations faced with the major challenge in the last two years, writes Jan Harder, Industry Expert and Strategy Consultant.

16 February 2022
Talgo receives green R&D&i loan from EIB
Talgo receives green R&D&i loan from EIB

Spain: A €35 mln loan from the European Investment Bank (EIB) will be used for innovative projects that the manufacturer plans to implement in the country in 2021-2024.

8 February 2022
Equipping trams with supercapacitors can increase the energy efficiency of the Russian economy
Equipping trams with supercapacitors can increase the energy efficiency of the Russian economy

Russia: Mikhail Lifshitz, General Designer and Chairman of the ROTEC Board of Directors, presented estimates of the economic effect from the introduction of supercapacitors on the entire fleet of trams operated in the country.

25 January 2022
RZD investments in rolling stock are expected to grow up to $2.3 bln USD in 2022
RZD investments in rolling stock are expected to grow up to $2.3 bln USD in 2022

Russia: Such plans were presented by the First Deputy CEO of Russian Railways Vadim Mikhailov. Meanwhile, the company is now discussing the possibility of raising funds from the National Wealth Fund (NWF) to increase the purchases volume.

20 December 2021
Emissions reduction and digitalization of rail transport will attract 50% of US road cargo – Wabtec
Emissions reduction and digitalization of rail transport will attract 50% of US road cargo – Wabtec

USA: The manufacturer expects that half of the cargo shifted from road to rail will reduce 18 mln truck loads, cut fuel consumption in national economy by about 18 mln tonnes, as well as avoiding 60 mln tonnes of CO2 emissions.

8 December 2021