Russian private freight operator Globaltrans' purchase of the railway assets of mining company Metalloinvest reflects the increasing liberalisation of the Russian freight market, as chairman Alexander Eliseev (pictured) explains to Kevin Smith.
German Rail (DB) has agreed to relinquish its 49% stake in the Alstom Locomotive Service (ALS) joint venture to majority shareholder Alstom Germany.
BELARUSIAN Railways (BC) has taken delivery of the first of 12 double-unit 9.6MW electric locomotives from CNR Datong Locomotive Works. They are based on the Chinese HXD2 locomotives designed by CNR and Alstom.
AN Italian union official says that Hitachi has completed a due diligence study of AnsaldoBreda and is hoping that a deal can be clinched with parent company Finmeccanica for a 50% stake in the Italian rolling stock manufacturer by June.
THE JSC Partnership Fund overseeing the IPO of Georgian Railway (GR) has announced the price range of shares that will be available for sale in the form of Global Depositary Receipts (GDRs) on the London Stock Exchange from May 24.
BEARING manufacturer SKF has opened a new railway test centre in Russia at its Tver railway bearing factory near Moscow.
THE first of 24 diesel-electric articulated dmus has been rolled out by Stadler Rail for operation by Arriva on its Rivierenland Achterhoek passenger rail concession in
SWEDISH equity company, Bure Equity, has agreed to provide financial backing for RushRail which has won a SKr 700m ($US 104m) contract from Trätåg, a logistics company, to transport
A GROUNDBREAKING ceremony was held near Dornstadt in the German state of Baden-Württemberg on Monday to mark the start of construction on the 59.6km Wendlingen – Ulm high-speed line.
SPAIN'S Development Minister Mrs Ana Pastor has confirmed that the government is planning to abolish metre-gauge railway authority, Feve, and split its activities between national train operator Renfe and infrastructure manager Adif, both of which are currently state-owned.
