France: After making a loss of Fr81·7m in 1998, Arbel-Fauvet-Rail has reported a profit of Fr2·3m on a turnover of Fr596m for 1999, due in part to increased productivity at its Douai plant following restructuring. The AFR product range now includes a freight bogie for axleloads of 25 tonnes.
Great Britain: Alstom Engines Ltd was renamed MAN B&W Diesel Ltd on June 9, following the completion of the previously-announced acquisition of the business by MAN B&W Diesel AG of Germany. The Mirrlees Blackstone, Ruston and Paxman brand names will continue to be ’strongly promoted’ according to MAN.
AMEC plc unveiled a new corporate identity on May 15, following merger with AGRA Inc of the USA completed on April 19.
Hungary: Transelektro Rt has purchased over 90% of Ganz Ansaldo from Finmeccanica of Italy. With Ganz Ansaldo’s 50000m2 site close to the centre of Budapest due for redevelopment, production is being moved to T
