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Alstom asks British government for order of 10 trains to save its Derby plant
Alstom asks British government for order of 10 trains to save its Derby plant

UK: In a statement, Nick Crossfield, Alstom UK & Ireland managing director, said that an order for 100–120 Aventra cars would maintain operations at the site until 2026, when the company will start fulfilling a contract for high-speed trains.

17 April 2024
CRRC continues intensifying R&D investments
CRRC continues intensifying R&D investments

China: In its financial statements, the world’s leading manufacturer from China reports having invested over RMB 14.3 bln (about $2 bln) in R&D projects in 2023.

11 April 2024
Telematics added in all GATX freight railcar leasing contracts
Telematics added in all GATX freight railcar leasing contracts

EU: GATX Rail Europe has announced that all leasing contracts will include the Basic Telematics Package to track the location of railcars online at no additional cost from March.

5 April 2024
Sinara – Transport Machines expects $1.5 bln of revenue in 2024
Sinara – Transport Machines expects $1.5 bln of revenue in 2024

Russia: The projected revenue in RUB is 141 bln, which is a remarkable one-third increase from the estimated revenue for 2023 of RUB 106 bln ($1.2 bln, +25%) and one and a half times higher than the revenue in 2022, RUB 94 bln ($1.4 bln, +7%).

4 April 2024
Alstom and Hitachi Rail fear possible closure of their UK sites this year
Alstom and Hitachi Rail fear possible closure of their UK sites this year

UK: According to Nick Crossfield, Alstom UK & Ireland managing director, assembly of the remaining Aventra EMUs at the Derby plant is nearing completion.

2 April 2024
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
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