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EC investigates Siemens-Alstom merger amid competition concerns THE European Commission (EC) confirmed on July 13 that it has launched an “in-depth” investigation into the merger of Siemens mobility and Alstom amid concerns that the combination may adversely affect competition in the signalling and rolling stock markets.
morgan-stanley-infrastructure-makes-takeover-bid-for-vtg
MORGAN Stanley Infrastructure (MSI), announced on July 16 its decision to make a voluntary public takeover offer to all shareholders of leasing company VTG, Germany, at an offer price of €53 per share. MSI currently...
caf-acquires-shareholding-in-orbital-critical-systems
CAF has taken a financial stake in Orbital Critical Systems (OCS), which specialises in the design, development and verification of critical systems for the aerospace sector and the railway industry. OCS, which was set up in...
wales-urges-british-government-to-increase-rail-funding
WELSH Transport Secretary Mr Ken Skates has called on the British government to provide more funding for the railway in Wales, citing low speeds, manual signalling and level crossings bringing traffic to a standstill up...
ec-launches-investigation-into-siemens-alstom-merger
THE European Commission (EC) confirmed on July 13 that it has launched an “in-depth” investigation into the merger of Siemens mobility and Alstom amid concerns that the combination may adversely affect competition in the signalling...
cuiabá-reissues-tender-for-light-rail-project
THE government of the state of Mato Grosso in the centre-west region of Brazil has announced a tender to resume the light rail project in Cuiabá, which was originally due to open in time for...
caf-to-acquire-bus-and-lrv-manufacturer-solaris
CAF, Spain, has entered into an agreement to acquire Polish bus and LRV manufacturer Solaris in a deal worth around €300m.Solaris, which was established in 1996, has been seeking an investor over the past few...
east-coast-franchise-returns-to-state-control-with-launch-of-lner
BRITAIN’s East Coast franchise returned to government-owned operation on June 25 with the launch of London North Eastern Railway-branded (LNER) services following the failure of the eight-year Virgin Trains East Coast (VTEC) franchise jointly held...
high-turnover-helps-stadler-recover-from-swiss-franc-shock
STADLER says it has recovered from the negative effects of the Swiss franc shock, with turnover at Stadler Rail returning to approximately the same level as before the Swiss National Bank’s unexpected decision to scrap...
british-regulator-calls-for-network-rail-to-improve-reliability-and-safety
BRITAIN’S Office of Rail and Road (ORR) has called for infrastructure manager Network Rail (NR) to spend more on reliability and safety over the next five years, including an extra £1bn to replace worn-out assets.The...
itinera-takes-over-danish-rail-project-as-partners-face-corruption-charges
ITALIAN construction firm Itinera has announced that it has taken over sole responsibility for the new Storstrøms Bridge on the Copenhagen - Femern railway line, as the two firms it won the contract with are...

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