Denmark: Kineco, one of the leading Indian companies in the composites industry, has acquired Semvac from US-based Wabtec. The purchase price for 100% of the shares was not disclosed.
USA: The US holding has announced a final agreement to acquire the Inspection Technologies division from Evident, based in Japan.
USA: The Metropolitan Transportation Authority has granted its approval to launch the MotivePower R255 locomotives.
Kazakhstan: The country’s Prime Minister, Olzhas Bektenov, was told data on diesel locomotive production during his visit to the US-owned plant Lokomotiv Kurastyru Zauyty, LKZ, in Astana.
Kazakhstan: The Transport Minister Marat Karabayev announced it at the government session held in the end of November.
Spain, Slovakia: The American provider of rolling stock and equipment has recently acquired two companies engaged in production of components.
USA: The US Department of Transportation and the Federal Railroad Administration have allocated two grants under the Consolidated Rail Infrastructure and Safety Improvements programme.
Kazakhstan: The centre will be located at the locomotive depot at the Kokshetau station.
Kazakhstan: The national operator Kazakhstan Temir Zholy (KTZ) and the locomotive builder have secured a $405 mln agreement for the supply of TE33A locomotives.