China: The CRRC’s revenue in railway segment fell more than twice against the backdrop of a decrease in sales of multiple units.
5 May 2022
China: The CRRC’s revenue in railway segment fell more than twice against the backdrop of a decrease in sales of multiple units.
EU: In 2021, the REUSE project by UIC to stimulate the railway equipment recycling was finalized. In turn, manufacturers are increasingly indicating the share of materials in the rolling stock that are recyclable.
China: The readiness of the world's largest rolling stock manufacturer to play by the rules of localisation is increasing. In particular, the company confirmed its willingness to establish production in Portugal.
Mexico: The railcar producer has completed a shift of production from the US to Mexico, that resulted in significant cost savings as production level rises. Now Freight Car America continues to scale up new production.
Belarus: The manufacturer notes that this is a forced measure, as the site will face a shortage of electronic and electrical products due to EU sanctions against Belarus amid the situation in Ukraine.
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.
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.
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.
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.