Network Rail invests record sums in railway despite drop in profits
UK infrastructure manager and operator Network Rail has reported to have spent a record £14bn on improving the British railway system in the past financial year, despite registering a fall in profits.
Bombardier and Hitachi Rail jointly bid for £2.75bn HS2 contract
Rolling stock manufacturers Bombardier Transportation and Hitachi Rail Europe have agreed to jointly bid for a £2.75bn contract to manufacture high-speed trains for the UK’s HS2 project.
OHL JV wins €134m deal to develop new rail line in Spain
A joint venture (JV) of OHL and its affiliates Sobrino, G&O and Geotunel has secured a €134m contract from Spanish railway infrastructure manager Adif to build a section of the Vitoria-Bilbao-San Sebastián high-velocity railway (HVR).
Škoda-Siemens consortium wins €115m passenger rail car contract
A consortium of Škoda Transportation and Siemens has secured a €115m contract to deliver 50 Viaggio Comfort passenger cars to Czech Railways (ČD).