Brief overview of key events and news in the rail rolling stock markets.
Russia: In his interview with the local newspaper, Valery Savchenkov, CEO of Lyudinovo Diesel Locomotive Plant (part of Sinara–Transport Machines, STM), said that production in 2023 had grown by 16% compared to 2022.
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.
Turkiye: The national operator TCDD plans to purchase 115 mainline and eight shunting locomotives, 56 electric trains and 49 passenger coaches.
Russia: The plan to submit them to the Russian government this year was announced by Oleg Belozerov, General Director of Russian Railways (RZD), at the final meeting of the board on 14 February.
Brief overview of key events and news in the rail rolling stock markets.
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.
Germany: The company says it has completed the acquisition of Reuschling in Hattingen, which specialises in the maintenance, scheduled and unscheduled repair and refurbishment of shunting locomotives.