Spain: The decision was made by the Council of Ministers. The press release from the Ministry of Economy and Finance stresses that approval of the deal would pose “insurmountable risks to national security”.
Spain: This is what IRJ writes with reference to a letter from the company’s board of directors.
Spain: The Spanish operator has on numerous occasions stressed issues with the first ten high-speed trains, which were launched in May.
Spain, Poland: Last week, Piotr Malepszak, Poland’s Infrastructure Vice Minister, has expressed interest in acquiring the Spanish producer.
The new geopolitical conditions are no longer having a major impact on the industry, as evidenced by the dynamics of changes in revenues and backlogs of orders of the major players in the rolling stock market.
Efforts to increase train speeds continue unabated, with new countries, such as Russia, joining the exclusive club of manufacturers.
Spain: The Spanish business media El Economista reports that negotiations are underway as the investment foundation CriteriaCaixa plans to engage the Czech manufacturer as a potential manufacturing partner.
Spain: The first ten AVE trains have commenced operation between Madrid and Galicia and Asturias. These are the world’s first variable gauge trains with a max speed of 330 km/h. The prototype was unveiled in 2012, and the delivery was delayed by more than 3 years.
Spain: The next three months will be spent waiting for the acquisition to be authorised by the national government.
