QUANTUM ENGINEERING: Invensys Rail Group announced on September 17 that had purchased Quantum Engineering for US$38m.
IRS said Quantum 'has built a solid reputation for the development of mainline onboard signalling, locomotive performance controls and train integrity devices in the Americas', and would lift IRG's profile in the US aftermarket business.
STADLER: ‘Despite the ongoing challenging environment, Stadler achieved a solid performance in the first half of the year, aided by a diversified product portfolio and market success with alternative drive systems’, Group CEO Markus Bernsteiner said on August 28. The signing of several orders was delayed ...
EUROPE: CRRC Zhuzhou Locomotive Co and a local partner are to build a rolling stock manufacturing plant in Hungary from which to supply vehicles for the European market.
