IRAN: Industrial Development & Renovation Organisation of Iran and Russian rolling stock manufacturing group Transmashholding have signed a joint venture agreement to co-operate in the financing and manufacturing of 500 coaches in Iran.
This follows a visit to Russia by IDRO’s senior management. The Iranian company said the passenger rolling stock agreement could be followed by a similar agreement for the production of freight wagons. Terms were not disclosed.
UK: British Steel has opened a £10m rail stocking facility at its Scunthorpe steelworks where the vast majority of rail laid in the UK is made. This provides a central location where rails can be safely handled, stored and made available for loading. When fully stocked ...
UK: Rail Forum and the International Institute of Obsolescence Management have signed of a memorandum of understanding to bring experience from other sectors to rail. Rail Forum said the MoU signed at its Vehicle Maintenance event on November 14 would help its members’ efforts to mitigate ...
