All articles by Praveen Duddu
Praveen Duddu
Deals this week: Hindustan Construction Company Siemens, Arriva
Bangalore Metro Rail has awarded a $120m contract to the Hindustan Construction Company (HCC) and its joint venture (JV) partner URC Construction.
Deals this week: Telstra, Bechtel
The Government of Victoria in Australia plans to partner with mobile carriers Telstra, Optus and Vodafone for a rail connectivity project that aims to improve mobile coverage and connectivity for passengers.
Deals this week: Protran Technology, Warsaw Metro Line-2 extension, LK Comstock
Denver’s Regional Transportation District has appointed Harsco Rail division Protran Technology to install enhanced safety systems across the full regional railway fleet, comprising 400 rail units, in Colorado, US.
M&As this week: Iders Incorporation, FS Italiane
Iders Incorporation has been acquired by GE Transportation to provide its customers with access a new portfolio of digital solutions.
Deals this week: Downer EDI, Jilin Midas Aluminium Industries
Downer EDI has secured a $1.2bn Sydney Growth Trains contract from Transport for New South Wales (NSW).
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M&As this week: Genesee & Wyoming Australia, Wabtec, Vossloh
Genesee & Wyoming Australia (GWA) has completed the acquisition of Glencore Rail for $849m.
Deals this week: Talgo, Exim Bank
Talgo has won a €787m ($836m) contract from Renfe to provide 15 high-speed Avril trains and fleet maintenance for 30 years.
Deals this week: Helsinki City Transport HKL, Siemens
Helsinki City Transport HKL is to buy 40 new trams with a €60m ($65.4m) loan from the Nordic Investment Bank (NIB).
Deals this week: Bay Line Railroad, Petards, Expolink
Genesee & Wyoming (G&W) subsidiary Bay Line Railroad has announced the signing of an agreement with Panama City Port Authority.
Deals this week: Republic of Moldova, Asian Development Bank, Angel Trains
The European Investment Bank (EIB) is to provide a €50m ($55.95m) in funding to the Republic of Moldova for the modernisation and improvement of the railway network and rolling stock in the country.