SKODA Dopravní Technika has reported its best financial results since 1989. Sales during 2003 totalled KC2bn, and profits were up 25%on 2002 to KC150m.
The refurbishment of 25 five-car 81-71M trains for Praha metro Line A accounted for around 40% of the business, and a further six sets will be completed in 2004.
In February Skoda Holdings announced the purchase from Cesky TÜV Süddeutschland of a majority share in VÚKV, formerly the Research Institute for Rail Vehicles.
INDIA: Spain’s Ministry of Transport & Sustainable Mobility has signed a memorandum of understanding to support Indian Railways in developing and upgrading its network. The initial agreement runs for five years, when a number of pilot projects are envisaged, to be followed by automatic annual renewals. ...
UK: The annual Rail Business Awards which recognise and reward excellence across every aspect of the industry will be back in Manchester in 2025.
INTERNATIONAL: ‘Beware of trains. Life can change in a split second’ is the slogan for the 16th International Level Crossing Awareness Day, which this year has a particular emphasis on the safety of vulnerable people. Around 50 countries take part in the annual ILCAD campaign which ...
