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Business

The first international tender for the construction of the Rail Baltica mainline is completed. What five companies made it to the second round?

The first international tender for the construction of the Rail Baltica mainline is completed. What five companies made it to the second round?

The 1st round of the largest international tender for constructing the Rail Baltica mainline in Latvia is completed. After evaluating compliance with the procurement qualification requirements, including previous experience in railway construction following EU standards, five of six associations have been declared compliant with…

16 / 08 / 2022
Business
The Russian container market decreased by more than 13%. How does FESCO explain such figures?

The Russian container market decreased by more than 13%. How does FESCO explain such figures?

According to the results of the first half of 2022, the Russian container market decreased by 13.1% compared…

16 / 08 / 2022
Business
Knorr-Bremse shares the results for the first half and second quarter of 2022. How did the global economic crisis and the Russian war in Ukraine affect…

Knorr-Bremse shares the results for the first half and second quarter of 2022. How did the global economic crisis and the Russian war in Ukraine affect…

Knorr-Bremse AG, the global market leader for braking systems and a leading supplier of other safety-critical…

15 / 08 / 2022
Business
CTL signs the contract for the supply of green energy under the Green Railway® programme: Logistic trains with RES energy!

CTL signs the contract for the supply of green energy under the Green Railway® programme: Logistic trains with RES energy!

CTL Logistics, the first freight carrier, will offer transport based on renewable energy from the sun…

15 / 08 / 2022
Business
Latvian Ministry of Transport signs an agreement with CINEA for military mobility funding. What is behind this decision?

Latvian Ministry of Transport signs an agreement with CINEA for military mobility funding. What is behind this decision?

On 8 August 2022, the Ministry of Transport in Latvia signed a new financing agreement with the…

12 / 08 / 2022
Business
GREAT NEWS: Deutsche Bahn strengthens its long-distance service team by 1,000 employees! How does it impact the quality of the services?

GREAT NEWS: Deutsche Bahn strengthens its long-distance service team by 1,000 employees! How does it impact the quality of the services?

Around 1,000 employees at short notice are strengthening DB's long-distance service team. In the coming months, 750 new train attendants and service staff…

11 / 08 / 2022
Business
European Union receives Vienna Declaration of Railway Carriers in support of Ukraine: Here's all you need to know

European Union receives Vienna Declaration of Railway Carriers in support of Ukraine: Here's all you need to know

The Vienna Declaration, which was drafted at the CEO Summit 2022 event in Vienna in July, has been delivered to the main bodies of the European Union.…

10 / 08 / 2022
Business
A. P. Moller - Maersk is to acquire Martin Bencher Group. How's the company strengthening handling of project logistics?

A. P. Moller - Maersk is to acquire Martin Bencher Group. How's the company strengthening handling of project logistics?

On August 5, A.P. Moller - Maersk (Maersk) reached an agreement to acquire Martin Bencher Group, a Denmark-based project logistics company with premium…

09 / 08 / 2022
Business
EXCITING DEAL: Knorr-Bremse signs a five-year framework agreement with Hyundai Rotem Company. What are the terms of the contract?

EXCITING DEAL: Knorr-Bremse signs a five-year framework agreement with Hyundai Rotem Company. What are the terms of the contract?

Knorr-Bremse has expanded its longstanding cooperative venture with Hyundai Rotem Company (HRC). Under the terms of a recently signed framework agreement…

09 / 08 / 2022
Business
EXCITING NEWS: Rail Baltica joint venture approves its new Supervisory Board. What members did the team gain?

EXCITING NEWS: Rail Baltica joint venture approves its new Supervisory Board. What members did the team gain?

On 28 July 2022 shareholders of the Rail Baltica joint venture RB Rail AS approved a new Supervisory Board of the company.

06 / 08 / 2022
Business
Change at the top of DB Netz AG: Meet Philipp Nagl, the new Chairman of the Management Board!

Change at the top of DB Netz AG: Meet Philipp Nagl, the new Chairman of the Management Board!

In an extraordinary meeting, the Supervisory Board of DB Netz AG appointed Dr. Philipp Nagl as the new Chairman of the Management Board. The 40-year-old…

06 / 08 / 2022
Business
Siemens Smart Infrastructure completes Brightly acquisition: How's the company addressing the fast-growing software market for buildings and built in…

Siemens Smart Infrastructure completes Brightly acquisition: How's the company addressing the fast-growing software market for buildings and built in…

Siemens Smart Infrastructure (SI), the frontrunner in digital buildings, has completed the acquisition of Brightly Software, a leading U.S.-based…

05 / 08 / 2022
Business
DB initiative to save energy: Employees get an energy bonus of up to EUR 150

DB initiative to save energy: Employees get an energy bonus of up to EUR 150

Given the global energy crisis, Deutsche Bahn, as an environmental pioneer, wants to save more energy at the workplace. As a first step, the Berlin…

04 / 08 / 2022
Business
GREAT NEWS: Alstom announces the completion of several deals as part of commitments to the European Commission concerning Alstom’s acquisition of Bombardier…

GREAT NEWS: Alstom announces the completion of several deals as part of commitments to the European Commission concerning Alstom’s acquisition of Bombardier…

On August 1, Alstom announced that it has concluded the divestment of its Coradia Polyvalent platform, its Reichshoffen production site in France and its…

03 / 08 / 2022
Business
DB back in the black: Boom at DB Schenker and in passenger traffic. What's all this about?

DB back in the black: Boom at DB Schenker and in passenger traffic. What's all this about?

Deutsche Bahn (DB) is making a profit again. For the first time since the start of the Corona pandemic, the DB Group has generated a positive…

01 / 08 / 2022
Business
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