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Europe
October 5, 2023
|
Financial
Alstom reports drop in orders in first half of 2023-24 and negative outlook
Growth in order backlog and delays to Aventra programme negatively impact free cash flow causing Alstom’s share price to plunge.
October 5, 2023
|
Metros
ATM and Egis awarded Thessaloniki automatic metro operating contract
Thessaloniki’s first automated metro line is due to open in 2024.
October 4, 2023
|
Financial
Hitachi secures British approval for Thales acquisition
The two companies expect to receive clearance from the European Union for the deal early next month.
October 4, 2023
|
Technology
Cummins opens European engine rebuild centre
The site will rebuild up to 300 engines per year.
October 4, 2023
|
Policy
HS2 to Manchester is scrapped
British prime minister says £36bn saved will be spent on projects including Network North.
October 4, 2023
|
Financial
Italian government approves funding for urban rail projects
Four Italian cities will benefit from funding approved by the government.
October 4, 2023
|
Rolling stock
Irish Rail and Northern Ireland Railways tender new Enterprise fleet
Eight new hybrid trains for cross-border Dublin – Belfast service.
October 4, 2023
|
Fleet
Madrid to invest €1bn in 80 new metro trains
New fleet needed to serve extensions to the Madrid Metro and replace older trains.
October 3, 2023
|
Fleet
Alstom presents hydrogen train to FMN in Italy
The hydrogen Coradia Stream train will enter service on the Brescia - Edolo line in 2024-25.
October 2, 2023
|
Financial
EC calls for proposals for €7bn Connecting Europe Facility
Proposals can be submitted by January 30 2024.
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