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Significant comparison: The most significant and exciting railway business transaction of 2021. Do you know them?

Significant comparison: The most significant and exciting railway business transaction of 2021. Do you know them?
photo: Archives/PESA-TRAKO 2021
23 / 01 / 2022

Last year, which was declared the European Year of Railways, was an effective year for railway companies. We have witnessed many important business transactions and significant mergers and acquisitions. Below are some of the most critical rail trade events of 2021.

At the beginning of 2021, Alstom acquired the Canadian competitor Bombardier Transportation. The value of the transaction gets estimated at EUR 5.5 billion. As a result, the French giant has become the world's second-largest producer in the railway sector (behind the Chinese CRRC) and strengthened its presence in all geographical regions. The group employs 75,000 people in 70 countries.

French state railways SNCF sold 100% of the shares of their subsidiary Ermewa SA to the German Canadian consortium DWS-CDPQ for EUR 3.2 billion. Completing the transaction was possible after approval by the staff representatives and official regulators: the European Commission and the French Minister for the Economy, Finance, and Recovery.

In the market of Central and Eastern Europe, it is worth mentioning the projects related to the growth of a huge transport hub in Poland - Solidarity Transport Hub (STH). Last year, among other things STH, announced the most extensive framework procedure in Europe for the design documentation for the STH railway program. The estimated value of the works is more than PLN 7 billion net.

The Bydgoszcz manufacturer PESA has signed a framework agreement with the national Czech carrier Czech Railways to supply up to 160 new motor units worth PLN 2.5 billion. During the first year of cooperation, the Czech carrier ordered two batches of units. Each was 33 each, for over 1 billion zlotys.

In the spring of 2021, the Siemens Mobility - Škoda Transportation consortium concluded a framework supply contract for Czech Railways for 180 new express cars with a maximum operating speed of up to 230 km / h. The value of the agreement got announced at almost 12.5 billion crowns.

Cargo Wagon, the leading Slovakian wagon holder in Central Europe, leased 6000 wagons to ZSSK CARGO. Cargo Wagon managed to extend the contract for the sale and leaseback of 6000 wagons with the largest Slovak freight carrier, ZSSK CARGO, until 2029.