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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
Spanish government blocks Ganz-MaVag’s takekover of Talgo
Spanish government blocks Ganz-MaVag’s takekover of Talgo

Spain: The decision was made by the Council of Ministers. The press release from the Ministry of Economy and Finance stresses that approval of the deal would pose “insurmountable risks to national security”.

29 August 2024
Indian BEML and Malaysian SMH Rail sign Memorandum of Understanding
Indian BEML and Malaysian SMH Rail sign Memorandum of Understanding

India, Malaysia: The manufacturers have entered into a partnership in terms of supply and maintenance of rolling stock products for the markets of Southeast Asia and Africa.

29 August 2024
New countries join international analytical platform UrbanTransportData
New countries join international analytical platform UrbanTransportData

The Government of Moscow launched an information platform UrbanTransportData a year ago. Last week, its current functionality was presented at the International Transport Summit, attended by 107 experts from 24 countries.

29 August 2024
Alstom challenges charge of €24.5 mln in favour of bankrupt First Locomotive Company
Alstom challenges charge of €24.5 mln in favour of bankrupt First Locomotive Company

Russia: Following the rejection of its appeal at the end of July, the French manufacturer filed a new appeal with the Commercial Court of the Volga Federal District.

27 August 2024
Talgo rejects Škoda Group merger offer
Talgo rejects Škoda Group merger offer

Spain: This is what IRJ writes with reference to a letter from the company’s board of directors.

26 August 2024
Alstom considers sale of its plant in Görlitz
Alstom considers sale of its plant in Görlitz

Germany: A number of German media reports this news. The producer is said to hold talks with several mechanical engineering companies.

12 August 2024
Talgo sale attracts more market players
Talgo sale attracts more market players

Spain, Poland: Last week, Piotr Malepszak, Poland’s Infrastructure Vice Minister, has expressed interest in acquiring the Spanish producer.

5 August 2024
Škoda Group, a small producer entering the global market
Škoda Group, a small producer entering the global market

The Czech rolling stock manufacturer has experienced a period of notable growth in recent times.

18 July 2024
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