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Tag: Business

10th World Rail Market Study Reports 2.7% Annual Growth and Positive Outlook for the Decade

10th World Rail Market Study Reports 2.7% Annual Growth and Positive Outlook for the Decade

Policymakers and industry express confidence as the global rail supply market grew 2.7% annually from 2021 to 2023, with a positive outlook for the rest of the decade, despite geopolitical tensions, as the 10th edition of the World Rail Market Study confirms.

30 / 09 / 2024
Business
PKP Intercity and PKP Cargo Sign Employment Agreement for 400 Workers

PKP Intercity and PKP Cargo Sign Employment Agreement for 400 Workers

PKP Intercity S.A. and PKP Cargo S.A. have announced a collaborative program designed to transition up…

27 / 06 / 2024
Business
Škoda Group Revenue Rises, Profits Fall Due to COVID-19 and Ukraine

Škoda Group Revenue Rises, Profits Fall Due to COVID-19 and Ukraine

Škoda Group reports a rise in revenue but a decrease in profits due to the pandemic and the Russian war…

13 / 06 / 2024
Business
VTG Terminates Its Business with Russia Eight Months after the Full-Scale Invasion of Ukraine

VTG Terminates Its Business with Russia Eight Months after the Full-Scale Invasion of Ukraine

In the context of the war of aggression against Ukraine and the sanctions imposed on Russia in response,…

07 / 11 / 2022
Business
Ermewa SA wins new contract from Mercitalia Rail for 100 Shimmns wagons

Ermewa SA wins new contract from Mercitalia Rail for 100 Shimmns wagons

One of the leading companies in railcars leas, Ermewa SA has won a contract from Mecitalia's subsidiary…

21 / 05 / 2021
Freight
Ukraine signs framework agreement to supply 130 electric locomotives

Ukraine signs framework agreement to supply 130 electric locomotives

Alstom is one step closer to delivering up to 130 electric freight locomotives for the national railway company Ukrzaliznytsia. One of the four framework…

18 / 05 / 2021
Business
Bombardier thrives again: the regional, high-speed, and even monorail trains to be manufactured and maintained for customers from three different con…

Bombardier thrives again: the regional, high-speed, and even monorail trains to be manufactured and maintained for customers from three different con…

Recently there have been several recent reports of the Canadian multinational's successful business moves. They are fulfilling orders for manufacturing…

28 / 01 / 2021
Passenger
Wabtec and Keolis Group Sign a Global Cooperation Agreement

Wabtec and Keolis Group Sign a Global Cooperation Agreement

Wabtec Corporation (NYSE: WAB) and Keolis Group announced today the signing of an international business development agreement to partner on commercial…

04 / 01 / 2021
Business
Rail transport between Europe and China is growing dynamically

Rail transport between Europe and China is growing dynamically

In 2020, 927 000 containers were transported by rail on the route between China and Europe, and 10 000 trains conquered the route. China Railways' year-on-year…

02 / 12 / 2020
Freight
CFL Cargo and Bombardier Transportation have signed an agreement to supply ten Traxx MS locomotives

CFL Cargo and Bombardier Transportation have signed an agreement to supply ten Traxx MS locomotives

Ten new innovative locomotives of the Traxx MS type will run on European railways. Bombardier Transportation and CFL Cargo have signed a supply contr…

23 / 11 / 2020
Freight
The GATX new wagons with lime green are aimed at their clients

The GATX new wagons with lime green are aimed at their clients

The GATX is one of the largest lessors of railway trucks in Europe. The company is thriving both in the rental of new cars and in their development. Other…

18 / 11 / 2020
Freight
Railpool plans to expand to southern Europe. It starts with an Italian branch.

Railpool plans to expand to southern Europe. It starts with an Italian branch.

The Railpool Italia is a new subsidiary of the company Railpool and its newly established branch in Italy. Railpool plans to expand to the countries of…

12 / 11 / 2020
Business
Wascosa signs landmark wagon leasing contract in the UK

Wascosa signs landmark wagon leasing contract in the UK

Wascosa, based in Lucerne, Switzerland, is delighted to announce that it has secured a major wagon leasing contract with UK railway network owner and infrastructure…

05 / 11 / 2020
Business
The RTB Cargo and Cargo motion are licensed for Hungary

The RTB Cargo and Cargo motion are licensed for Hungary

At the end of October, RTB Cargo Hungary obtained its own certificate, therefore it can send trains in Hungary. The same success was achieved by the Cargo…

05 / 11 / 2020
Freight
VTG: Green bonds successfully launched on the market

VTG: Green bonds successfully launched on the market

The VTG has placed € 746 million worth bonds on the capital markets of Europe and the US with great success. This was due to capital restructuring while…

03 / 11 / 2020
Technologies and infrastructure
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