Russia: TMH’s developing production facilities, digitisation in the holding, new Baltiets train, TMH Electrotech’s modern motors, etc. in the new issue.
EU: In January 2023, new public procurement rules came into force in the European Union. The first company to be affected by these rules is CRRC.
Russia: The low-floor tram has refurbished exterior and interior when compared to the 71-415 model. It is claimed that all components are solely of domestic production.
Germany: An investigation of SWR, a German public broadcasting corporation, led to allegations that the company had broken the law. Siemens denies the accusation.
Austria: The Czech manufacturer established a subsidiary company in the country, which incorporated headquarters in Vienna and an office in Schwaz purchased from Molinari Rail.
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.
UAE: The pre-production prototype operating at 200 km/h was delivered to the country for tests back in Autumn 2022. The contract has recently inked with Etihad Rail to supply 3 seven-car trains of this type.
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).
Egypt: The Russian manufacturer will provide 12-year technical support of the Russian-Hungarian passenger coaches being delivered since 2020. The agreements package is worth €430 mln totally.
