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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
Hitachi Rail finalises takeover of Thales’s Ground Transportation Systems
Hitachi Rail finalises takeover of Thales’s Ground Transportation Systems

France: According to the Japanese company, the merger enables to expand its presence to 51 countries and increase its workforce from 15,000 to 24,000 employees.

4 June 2024
Skoda Group may compete for Talgo takeover
Skoda Group may compete for Talgo takeover

Spain: The Spanish business media El Economista reports that negotiations are underway as the investment foundation CriteriaCaixa plans to engage the Czech manufacturer as a potential manufacturing partner.

4 June 2024
Australia launches National Rolling Stock Procurement Pipeline
Australia launches National Rolling Stock Procurement Pipeline

Australia: The Department of Industry, Science and Resources, in collaboration with leading market players, has launched the National Rolling Stock Procurement Pipeline, an online database of rail vehicle tenders.

31 May 2024
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