Russia: The order value for PC TS trams is 6.9 bln RUR ($90 mln USD). Also, St. Petersburg launched 2 more tenders for 135 trams with an overall maximum price of 24.4 bln RUR ($320 mln USD).
Russia: In 2019 and 2021, Russian Railways purchased a total of 9 TEM31M shunter from LocoTech. In turn, another producer, STM, has recently received about 20 requests from industrial rail companies for TGMK2 shunter.
After decades of globalisation in the rail industry supply chain organisations faced with the major challenge in the last two years, writes Jan Harder, Industry Expert and Strategy Consultant.
China: The German producer has won a contract for the delivery of 3 high-speed HSG-city grinding trains to operate in the southern part of city’s urban transport system.
Russia: Ust-Katav car-building plant (UKCP) plans to invest 958 mln RUR ($12 mln USD) in the construction of a new workshop for the trams production. The company explains its plans with a growing portfolio of orders.
India: Minister of Finance Nirmala Sitharaman announced the allocation of 2.45 trln INR ($32.8 bln USD) from the national budget for the railway transport development in 2022-2023.
Russia: At the end of 2021, 34 production sites have been forming digital passports in the system, and in January the largest railway wheel manufacturer of 1520 mm gauge area, Vyksa Steel Works (VSW), fully joined the system.
Spain: A €35 mln loan from the European Investment Bank (EIB) will be used for innovative projects that the manufacturer plans to implement in the country in 2021-2024.
Ukraine: At the end of 2021, 1,948 freight cars were produced in the country, which is the lowest volume since 2015. However, the state's fleet renewal program should enable the industry to emerge from the depression.