Business

Stories about billions of euros at rail offices: news about the biggest deals, transactions, acquisitions, and railway bosses in commercial newsfeed.

Business

We have successfully established CARGOUNIT as a relevant full-service leasing provider in Central Europe and recently deployed our locomotives in Sweden

-says Łukasz Boroń, CEO of CARGOUNIT in an interview, where he evaluates last five years of this rolling stock leasing company on Polish market, reveals the secrets of its success and foreshadows further growth of the company into the future.

Lubomir Cech December 12, 2024 · 8 min read

Business

New CFO at VTG: Mani Herold

Mani Herold has been appointed Chief Financial Officer (CFO) of the VTG Group and member of the Executive Board of VTG GmbH. He will take up his position on 1 April 2025 and will complete the Executive Board of VTG GmbH.

Karel Novak December 11, 2024 · 2 min read

Business

Thein Industry: railway, energy, hi-tech

In an exclusive interview with RAILMARKET NEWS, Michal Brijar, CEO of Thein Industry, presents the Czech manufacturing group plans for expansion not only in Poland but also in other European countries. And his vision of the development of the European industry is interesting not only when it comes to the railway business.

Karel Novak December 9, 2024 · 10 min read

Business

Stadler US becomes its own division

The Board of Directors has decided to separate the US location from the Swiss division as of January 1, 2025, creating its own North America division.

Karel Novak December 4, 2024 · 2 min read

Business

MSC Group finishes acquisition of 49.9% stake in HHLA

The shipping giant forms a joint venture with City of Hamburg.

Lubomir Cech December 3, 2024 · 2 min read

Business

RAILPOOL enters French electric freight locos rental market

Regiorail and RAILPOOL signed a full-service rental contract for seven Alstom Traxx Universal Last Mile locomotives.

Karel Novak November 26, 2024 · 1 min read

Business

SWP 2024 Autumn Meeting: Together for the Railway's Future

The experts met in Warsaw for the SWP Autumn Meeting 2024 to address a single burning topic: how trains will appear in the near future. The entire event included two days of professional experience, networking, and a complete focus on going forward with technology and international collaboration.

Karel Novak November 22, 2024 · 2 min read

Business

Porterbrook secures £250 million through Green Private Placements

The transaction contributes to the extension of the company's debt maturity profile and adds diversity to its investor base, which includes institutions from the US, UK, and Switzerland.

Lubomir Cech November 20, 2024 · 1 min read

Business

VTG: new COO Martin Neese

With effect from November 18, Martin Neese will take over the role of Chief Commercial Officer at VTG Group.

Karel Novak November 19, 2024 · 2 min read

Business

Siemens Mobility: Strong Q4 2024 and expectations for 2025

The results underscore Mobility’s role in Siemens Group’s broader financial stability and growth.

Lubomir Cech November 15, 2024 · 1 min read

Business

VR sells road logistics business to Mutares, focuses on rail freight transport

The transaction awaits approval from the Finnish Competition Authority, expected by the end of the year.

Lubomir Cech November 15, 2024 · 2 min read

Business

Wascosa appoints Thomas Schilliger as its new COO

Lucerne-headquartered Wascosa has appointed Thomas Schilliger as its new Chief Operations Officer (COO) as of November 1, 2024.

Lubomir Cech November 15, 2024 · 1 min read

Business

Pacific National appoints Brett Grehan as new CEO

He succeeds Paul Scurrah and officially assumed his role on 11 November 2024.

Lubomir Cech November 13, 2024 · 1 min read

Business

Rail Baltica project gains €1.394 billion boost under new EU funding agreements

This substantial funding will support critical construction segments in each country and advance Rail Baltica’s goal of a unified rail network.

Marketa Horpeniakova November 7, 2024 · 3 min read

Business

Thein Industry: 27% growth

The Czech company Thein Industry, which specialises in the railway sector, has published its annual report. It shows that the group has significantly improved its financial results, thanks to the acquisition of TOP Alulit and expanded activities at Lokorent Services.

Karel Novak November 6, 2024 · 2 min read

Business

Hexafret and Technis: New companies to boost SNCF's rail freight growth

Hexafret will focus on developing rail freight services in France and abroad, while Technis will provide specialized locomotive maintenance to optimize fleet performance.

Marketa Horpeniakova November 5, 2024 · 3 min read

Business

DB cutting back on non-core activities

DB will focus more on its core business in the coming years as part of its overall programme to modernise its infrastructure, railway operations and profitability.

Karel Novak November 4, 2024 · 2 min read

Business

Operail nears completion of the sale with an agreement signed, awaiting regulatory approval

The transaction, initiated through a competitive two-stage tender process that began in June, now awaits approval from the Competition Authority before being finalized.

Marketa Horpeniakova November 4, 2024 · 2 min read

Business

MÁV Group simplifies its branding

Starting January 1, 2025, Hungary's MÁV Group will consolidate its three major passenger transport companies into a single entity named MÁV Personal Transport Zrt.

Lubomir Cech November 3, 2024 · 1 min read

Business

€300 million for ČD

The EIB lends €300 million to the Czech State Railways for the purchase of new rolling stock and the modernisation of existing rolling stock

Karel Novak October 31, 2024 · 2 min read