Colas Rail Hrvatska, subsidiary of Colas Rail in Croatia, in alliance with GP Krk and Colas Rail S.A signed on February 14, 2020 its first contract in Croatia for the reconstruction of the tracks which connect the port of Podbok to the freight station of Bakar.
Zeleros Hyperloop has completed a financing round worth more than €7 million. The company starts a new and important phase in the development of its unique version of hyperloop, the “fifth mode of transport”, the best alternative for the future to connect efficiently and sustainably long-distance routes for passenger and cargo transportation. Connections like Paris – Berlin could be reduced to less than an hour.
KONE Corporation, a global leader in the elevator and escalator industry, will deliver 143 escalators and 61 elevators to Beijing's new Metro Line 17 in China. Once completed, the line will help to relieve congestion along the longest and busiest metro system in the world.
Vossloh AG finalized the sale of the Locomotives business unit to CRRC Zhuzhou Locomotive Co., Ltd., Zhuzhou, China (CRRC ZELC), a subsidiary of China Railway Rolling Stock Corporation Ltd. (CRRC), effective May 31, 2020. With the approval by the Bundeskartellamt (German Federal Cartel Office) on April 27, 2020, all official approvals required in Germany and abroad for the execution of the transaction have been granted.
ADIF High-Speed has awarded Ardanuy Ingeniería and Urci Consultores the Consultancy and Technical Assistance Contract regarding the expansion of the current High-Speed Line for this new section in the province of Castilla & León.
ProRail, the government agency that manages maintenance of the Dutch railway network, has awarded Fugro and two other partners a 3-year framework contract for geotechnical investigations to support renewal works of existing railway lines across the Netherlands.
The Austrian Federal Forests (Österreichische Bundesforste), the State of Lower Austria and Austropapier are opening a new hub for timber logistics in collaboration with the Rail Cargo Group, which is providing logistical support.