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.
Contracts and deals in the urban electric transport markets.
Germany, Australia: In July, the first nine-section Urbanliner entered operation on Berlin’s busiest M4 line, while the three-section G Class tram was put in service in Melbourne.
Germany: A consortium of manufacturers and national operator Deutsche Bahn have signed a contract to supply trains and run transport services on two-thirds of the S-Bahn network in the country capital.
Germany: On its social media accounts, the Swiss manufacturer has shared a video demonstrating the dynamic testing of the single-car prototype.
Germany: The Polish manufacturer has officially closed the transaction and acquired 100% of the German company’s shares.
Recent deals and tenders in the freight car market.
Germany: The presentation of the pilot model took place at the German manufacturer’s Munich-Allach site and coincided with the opening of the new Rail Service Centre. The advanced locomotive is dubbed the Vectron X.
Germany: The deal was struck by the European arm of the US wagon builder as part of the insolvency proceedings opened last week against the German freight operator.