Russia: A freight car owner won an auction with a bid of more than RUB 2.8 bln ($38 mln) and purchased the property formerly owned by Bombardier Transportation: 86,000 m2 production facilities with equipment.
9 February 2023
Russia: A freight car owner won an auction with a bid of more than RUB 2.8 bln ($38 mln) and purchased the property formerly owned by Bombardier Transportation: 86,000 m2 production facilities with equipment.
India: This sum is allocated in the national budget for April 2023 – March 2024 while the whole budget line for the development of the railway sector totals INR 2.4 tln ($29.3 bln).
Czechia: For the first time annual revenues of the manufacturer of braking systems exceeded CZK 2 bln with the Indian market where DAKO-CZ set up two joint ventures with local manufacturers in 2022 accounting for 75% of sales.
Kazakhstan: The manufacturer is to supply 537 passenger coaches for the KTZ national operator. The deal is claimed to be worth €2.3 bln.
Poland: The production moved from Stadler’s site in Fanipol to Siedlce in Poland due to the sanctions pressure on Belarus.
Russia: The plant has prepared a development plan, which should allow to increase the new electric trains as well as high-speed trains production by more than 35%.
Italy: The Invitalia state investment agency and a private fund from the UAE have capitalized Titagarh Firema for the development of production aimed both at Italian and international markets.
Portugal: A consortium involving the national CP operator has received state funding to develop three prototypes of passenger coaches by 2025. Further mass production of them is planned.
Russia: Manufacturers are approved to receive 8 loans from the state Industrial Development Fund to develop the previously imported components and to increase production.