GERMAN wagon manufacturer WBN Waggonbau Niesky GmbH declared insolvency on October 17, citing liquidity problems from the increased costs of wheelsets rather than a lack of work.
Employing 250 people at a 170-year old rolling stock and engineering plant at Niesky in Sachsen, the business was bought from Bombardier on April 30 2005 by its employees (25·2%) and private investor SEAG GmbH (74·8%).
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 ...
