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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.
Russia: The presentation of the locomotive was held at the PRO//Motion.Expo Railway Fair.
US: According to Progress Rail, Wabtec is abusing its market position for mainline locomotives, locomotive control systems, and services.
Poland: Start-up Nevomo tested a maglev bogie that reached a speed of 135 km/h. Earlier, the large-scale research project, MaDe4Rail, was launched with the funds of the European Commission.
ROLLINGSTOCK Agency analysed the public financial and management statements of 14 major global manufacturers.
Russia: New EMU manufactured at Tver Carriage Works (a part of TMH) became one of the highlights of the PRO//Motion.Expo Railway Fair.
Austria: National infrastructure operator OBB-Infrastruktur showed the head car of the train. Functional tests are to begin this year.
UK: The British Railway Industry Association (RIA) has published a report calling on the country's authorities to work on long-term contracts for passenger rolling stock.
Russia: The organiser, Gudok Publishing House, has unveiled details of the upcoming main event of the area 1520 railway industry.