The transaction concludes a process that began in 2020 when VTG first acquired a majority stake in the company, previously known as Carbo Rail.
The funding will be directed toward the further development of WILSON, the company's workforce management platform designed for rail and logistics operations.
Banedanmark, the Danish state-owned railway infrastructure manager, will have a new CEO starting February 1, 2025.
With renewed mandates for its leadership team, the association aims to tackle pressing issues in the European railway sector, including decarbonization, interoperability, and regulatory harmonization.
The order intake reflects a 21.9% decrease year-on-year, aligning with the ongoing shift in the company's portfolio and external conditions.
As part of its restructuring, the group has initiated a transformation program aimed at standardizing processes across its markets.
Alstom has announced Rob Whyte as Managing Director for the UK and Ireland and Andy Butters as Managing Director of Rolling Stock and Components.
New investor brings new opportunities for growth and service expansion.
Fernández Heredia brings 20 years of experience in mobility and transport, including roles in academia, public administration, and consultancy.
Both appointments follow a multi-stage selection process conducted under the Staffing Act.
He succeeds Katarzyna Halwa, who continues to work within Siemens Sp. z o.o.
A recent amendment to the Railway Act in Slovakia lowered the minimum age requirement for locomotive drivers to 19, starting from 1 January 2025.
The integration of Hungary's MÁV Group is set to conclude by 2025, consolidating its operations into a more centralized structure intended to simplify management processes.
Výzkumný Ústav Železniční, a.s. (VUZ), the railway research institute from Czech Republic, expands its certification services.
German Train Drivers’ Union claims the company is “driven unchecked into the wall”.
The plan outlines potential changes that could secure over 1,000 jobs by integrating PKP CARGOTABOR into the PKP LHS structure.
-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.
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.
Among its membership are multinational companies such as ERMEWA, reflecting a diverse representation within the railway industry.
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.