The German Railways company continues on the path to accessibility by setting up a comprehensive program. Dr Rüdiger Grube, CEO of Deutsche Bahn AG, in the presence of Anak Ferlemann, Parliamentary State Secretary at the Ministry of Transport, Building and Urban Affairs, and representatives of people with disabilities, has pursued a program for accessibility in [...]
State-owned railroad operator Russian Railways (RZD) is involved in negotiations on carrying out railroad construction projects in Kenya, the company’s President Vladimir Yakunin told reporters. “This is about setting up commuter traffic around the capital (Nairobi) and constructing a railway connecting the port with inland manufacturers,” he noted, declining to elaborate. He went on to [...]
Hitachi Group has completed a due diligence on the acquisition of 50% of AnsaldoBreda, the train manufacturing unit of Finmeccanica Group. The two parties might sign the agreement on the takeover of the stakes and decide on the acquisition price of 50% of AnsaldoBreda by June. AnsaldoBreda is one of the large rolling stock manufacturing [...]
The main transit line of the region – Adler- Sukhumi-Tbilisi- Kutaisi- Yerevan-Tehran railway has been out of operation since 1992. No statements on possible restoration of the railway have been issued prior to unilateral announcement by President of Abkhazia Aleksandr Ankvab on technical opening of the borders. Will Armenia benefit from Georgia’s good will? If [...]
Freight One signed a long-term contract with Gazprom Neft for delivery of railway transport services. Freight One will increase transportation volume in tank wagons by 1 million tonnes per annum. The contract with Gazprom Neft will expand the share of VIP clients in the Freight One’s portfolio of oil contract to 70%. In Q1 2012, [...]
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