Kazakhstan: In its 2023 Q4 report, the manufacturer announced that it had acquired another 50% stake in the company for $81 mln, with $ 35 mln of imputed income from the transaction.
Brief overview of key events and news in the rail rolling stock markets.
Kazakhstan: By the end of 2023, Kazakhstan's national operator had received 112 locomotives, 102 passenger cars, and 242 gondola cars.
USA: The 53,000m² facility in the centre of Wilmerding, Pennsylvania, was sold to the local company Wilmerding Warehouse for $1.3m at the end of 2023.
UK: The leasing company Eversholt Rail and the engineering company Transport Design International, TDI, have signed a contract for three such pre-production vehicles for trial operation.
USA: The Nederlands-based company, in collaboration with Wabtec, plans to release the telematics solution in the first quarter of 2024.
France: The additive manufacturing centre for rolling stock parts has been set up at the plant in Saint-Pierre-de-Core, France.
One of the main trends in railway transport in recent years is replacing diesel engines with alternative ones. As all major manufacturers are responsive to market demands, they develop rolling stock on alternative traction.
Kazakhstan: National railway operator signed an agreement with Citibank for a credit line of $900 mln. The funds should allow the purchase of about 240 locomotives and thus update 15% of KTZ’s locomotive fleet.