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Germany, India: Siemens Mobility and Titagarh Rail Systems (TRSL) have signed a memorandum of understanding to jointly explore metro train supply opportunities in markets outside both companies' home turf.
India: The INNOPROM series of large-scale industrial exhibitions continues to expand its footprint. Having already visited Riyadh, Tashkent and Minsk, one of the sector’s biggest event brands arrives in New Delhi on 9–11 September.
Poland: The Japanese corporation has announced the acquisition of a remaining 51% equity stake via its subsidiary Mitsubishi Electric Europe.
India: The corresponding agreement provides for a 15% share in Jupiter Tatravagonka Railwheel Factory (JTRWF), a subsidiary of the Indian manufacturer.
Germany: The component producer has signed an agreement with the investment company OpenGate Capital to sell the Merak business unit, which focuses on the production and repair of HVAC systems.
Russia: RZD is piloting the world's first large-scale digital railway station at Chelyabinsk-Glavny marshalling yard, integrating diagnostics, planning and operations into one unified digital model to transform train marshalling control.
Germany: The Polish manufacturer has officially closed the transaction and acquired 100% of the German company’s shares.
Russia: Fifty Indonesian industrial companies will be on show at the largest industrial exhibition in the Eurasian region, which opens in Yekaterinburg on Monday.
Vietnam: The South Korean manufacturer and Vietnamese corporation THACO have signed a contract to that effect, building on the strategic partnership agreement the two sides concluded earlier.