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Germany loses rail rolling stock production to USA and India
Germany loses rail rolling stock production to USA and India

Germany: In the face of country's current problems, major companies are cutting back on investment in the EU’s largest economy and taking measures to make the most of the disadvantageous conditions, with actively developing their facilities in the USA and India.

31 October 2024
New bidder for Talgo emerges
New bidder for Talgo emerges

Spain: The steel company Sidenor has sent a letter stating its intention to acquire shares in the rolling stock manufacturer.

23 October 2024
Schöma goes bankrupt, German rail industry faces financial problems
Schöma goes bankrupt, German rail industry faces financial problems

Germany: The locomotive builder has filed for insolvency at the court in Syke, Lower Saxony.

17 October 2024
Stadler denies plans to change ownership structure of its Belarusian plant
Stadler denies plans to change ownership structure of its Belarusian plant

Belarus: Peter Spuhler, President of the board of directors and main shareholder of the company, was cited by several business media as saying.

17 October 2024
First green bonds issued by Knorr-Bremse
First green bonds issued by Knorr-Bremse

Germany: The holding company for components production has announced that the eight-year bonds with a coupon rate of 3.25% have a volume of €500 mln.

11 October 2024
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
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