PKP Cargo announces cost-cutting plans to ensure financial stability
The measures include placing up to 30% of employees on "work inactivity" for a period of one to twelve months.
The measures include placing up to 30% of employees on "work inactivity" for a period of one to twelve months.
Cargo Wagon, under the umbrella of VTG, operates primarily in the leasing of freight wagons both within Slovakia and across Europe.
The Labour Party has put forth an ambitious plan to overhaul Britain's railway system, aimed at addressing long-standing inefficiencies and systemic issues under current Conservative leadership.
Polish rail freight operator changes its name after its mother company does so.
The owner of METRANS now also adds another container operator to its portfolio.
České dráhy (ČD) Group has reported record profits, boosted by strategic expansion in freight transport, including successful ventures into international markets.
Vossloh Rolling Stock has appointed Henrik M. Egeter as its new CEO, bringing with him wide-ranging industry experience to steer the company's future growth.
The Finnish railway sector, particularly in the context of freight wagons, is navigating through a period marked by both operational restrictions and shifts in market needs.
The key player in the Finnish transport sector has been addressing changes and challenges in the logistics environment over the past few years.
A EUR 16 million development program will be executed in the Mátranovák factory.
This development comes after several years of financial struggles and operational difficulties that brought the company close to bankruptcy.
Zbigniew Prus, who was elected on Monday as Chairman of the Board of Directors, is an experienced leader in the field of rail transport.
An in-depth analysis of how climate-specific financing instruments can support the rail sector, particularly in low- and middle-income countries (LMICs).
At Forwardis, this move is evidenced by a 51% female workforce, with female leadership in several departments.
The overall profit for SBB in 2023 was 278 million EUR, a considerable recovery from a 255 million EUR loss the previous year.
The Hungarian group Magyar Vagon, under its historical brand Ganz-Mavag, is preparing to finalize and present a Public Acquisition Offer (OPA) for 100% of the shares of the Spanish high-speed train manufacturer Talgo.
The joint order will be split between two Italian freight rail operators of the Autostrada del Brennero SpA Group.
The European Parliament's Transport and Tourism Committee (TRAN) has recently advanced its stance to increase railway capacity and boost reliability.
Hector Rail's CEO, Claes Scheibe, expressed that relatively minor investments and initiatives could significantly impact the industry, speeding up the process considerably.
The SNCF Group reported its third consecutive year of profitability in 2023, despite facing economic and social challenges.