POLAND: Italian firm Team Engineering has sold its 80% stake in Polish electric locomotive repair company ZNLE to Newag for an undisclosed price.
An initial 24·99% stake Gliwice-based ZNLE has been transferred, with the remainder subject to regulatory approval.
Based in Nowy Sacz, Newag specialises in the manufacturing and upgrade of passenger rolling stock and shunting locomotives.
INTERNATIONAL: A memorandum of understanding to collaborate on enhancing the cyber-resilience of rail operations was signed by rail cybersecurity specialist RazorSecure, Mitsubishi Electric Corp, Mitsubishi Electric Europe and EKE Electronics during the 18th UK-Japan Rail Working Group hosted by the Department for Transport in London on ...
INDIA: A Russian-backed consortium led by Transmashholding is preparing to begin producing Vande Bharat inter-city sleeping car trainsets for Indian Railways.
