Pfleiderer AG and Secunderabad Patil Rail Infrastructure Ltd have founded a joint venture called Patil-Pfleiderer Track Systems PL to market Rheda 2000 ballastless track in India.
Fare collection equipment maker Ascom Monétel was renamed Ascom SA on March 31, when the Monétel trade name was transferred to Sagem Group.
Sanitec Corp has signed an agreement to sell its Evac vacuum toilet business to the Zodiac Group for €60m.
Romanian rolling stock maker Astra Vagoane Calatori SA has drawn up a US$25m investment plan focusing on the acquisition of new technology and a US$15m share capital increase.
Hunslet Engine Co and Andrew Barclay have been re-launched as a division of LH Group Services Ltd.
Åkerstr
