Spain: State holding company SEPI has agreed to provide rolling stock manufacturer Talgo with a high-interest convertible loan of approximately €150 mln. The terms of the loan allow for future conversion into Talgo shares.
USA: The US Delaware District Court has dismissed an antitrust lawsuit against Wabtec, filed by Progress Rail in 2023.
Israel: According to the Calcalist, the decision came after CRRC agreed to fulfil the order through its US-based subsidiary.
Brazil: The Brazilian Association of the Railway Industry ABIFER and the Interstate Union of the Railway and Road Materials and Equipment Industry SIMEFRE have issued a statement to this effect.
Romania: Since 2022, a consortium of the Chinese manufacturer and Romania’s Astra Vagoane has been contesting its withdrawal from a tender for the supply of up to 37 trains.
Germany: This is evident from a recently signed collective agreement between the manufacturer and the IG Metall trade union.
Israel: The country’s Ministry of Finance forwarded a corresponding order to Dania Cebus and Dan, part of the JTrain consortium.
Romania: Greenbrier's European subsidiary has announced the cessation of production at the plant, laying off 699 out of its 777 employees by July.
USA: The US House of Representatives is considering a bipartisan bill to provide tax credits for the purchase of new domestic freight cars and the upgrade of tank cars, the Freight Railcar Act.
