(IN BRIEF) Siemens Mobility has won an EU-wide tender to deliver 90 new S-Bahn trains for Munich, Germany, worth over two billion euros. The trains will provide more space, comfort, and innovations, with a total length of over 200 meters, … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and HypoVereinsbank, a German affiliate of UniCredit, are providing credit lines totaling over €2 billion to Deutsche Bahn for the procurement of 90 new trains for the Munich S-Bahn. The financing will be … Read the full press release
Posted in Banks, Business, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged Ambroise Fayolle, Christian Reusch, EIB, financing, HypoVereinsbank, Jan Kupfer, Munich S-Bahn, partnership, Siemens Mobility, trains, UNICREDIT
(IN BRIEF) Airbus, BMW Group, and Quantinuum, leaders in mobility and quantum technologies, have collaborated to develop a hybrid quantum-classical workflow. Their focus is on using quantum computers to simulate quantum systems and study the chemical reactions of catalysts in … Read the full press release
(IN BRIEF) Wizz Air, the fastest-growing European ultra-low-cost airline, has finalized an agreement for an additional 75 A321neo Family aircraft, elevating their total order for the Airbus single-aisle family to 434 and their A320 Family overall order to 565 aircraft. … Read the full press release
(IN BRIEF) Nicola Leske has been appointed as the new Executive Vice President of Group Communications & Sustainability at DHL Group, starting from August 1, 2023. With over 20 years of experience in communications, Leske previously served as Managing Partner … Read the full press release
(IN BRIEF) Akiem, a leading European rolling stock leasing company, has placed an order for 15 Vectron AC and Vectron MS locomotives from Siemens Mobility. The order is part of a framework agreement signed in December 2021 and adds to … Read the full press release
(IN BRIEF) Rheinmetall, a leading autonomous technology company, demonstrated its expertise in unmanned ground vehicle (UGV) technology during the Unmanned Ground Vehicle Autonomy Trials in Estonia. The trials, organized by the Estonian Military Academy and Defence Forces, attracted experts from … Read the full press release
Posted in Defence, Estonia, Germany, Government, Industrial, Technology, Transportation & Logistics
Tagged Alain Tremblay, autonomous navigation, autonomous technology, Estonia, Estonian Defence Forces, Estonian Military Academy, fully-electric autonomous vehicle, PATH autonomy kit, Rheinmetall, Rheinmetall Mission Master, Rheinmetall Mission Master SP, UGVs, Unmanned Ground Vehicle Autonomy
(IN BRIEF) European Investment Bank (EIB), Cassa Depositi e Prestiti (CDP), UniCredit, SACE, and Società Italiana per il Traforo Autostradale del Frejus S.p.A (SITAF) have agreed to provide €247 million for the modernization and safety improvement of the A32 motorway … Read the full press release
Posted in Banks, European Union, Financial, Industrial, Infrastructure & Utilities, Italy, Transportation & Logistics
Tagged A32, A32 motorway, Alessandra Ricci, ASTM Group, bridges, Cassa Depositi e Prestiti, CDP, Claudio Vezzosi, EIB, Frejus tunnel, Gelsomina Vigliotti, Massimiliano Mastalia, Massimo Di Carlo, road safety, SACE, SITAF, Società Italiana per il Traforo Autostradale del Frejus S.p.A, T4, TEN-T, The European Investment Bank, tunnels, UNICREDIT, viaducts
(IN BRIEF) TX Logistik AG, a subsidiary of FS Italiane Group’s Logistics Business Units, has signed a purchase agreement to acquire Exploris Deutschland Holding GmbH Hamburg, a European rail freight transportation company. This acquisition will make TX Logistik the second … Read the full press release
(IN BRIEF) The keel laying ceremony for the first of two new Polish signals intelligence (SIGINT) ships was held at Remontowa Shipbuilding S.A. in Gdansk, Poland. Saab was awarded the contract to design and produce the SIGINT ships for the … Read the full press release
(IN BRIEF) Elogen, a company within the GTT group, has entered into a contract with Valmax Technology Corporation to design and manufacture a Proton Exchange Membrane (PEM) electrolyser with a power of 2.5 MW. The electrolyser will have a production … Read the full press release
(IN BRIEF) CAF MiiRA, a leading supplier of comprehensive wheelset solutions for the railway industry, is collaborating with Euskotren, a prominent transportation operator in Euskadi, to reduce train noise by testing innovative wheel soundproofing systems. The goal is to minimize … Read the full press release
Posted in Business, Environment, Industrial, Infrastructure & Utilities, Management, News, Spain, Technology, Transportation & Logistics, Travel
Tagged CAF, CAF MiiRA, Euskotren, INNOVATION, Julio Galipienzo, Luis Lasa, partnership, Pilar Rosado, Quiet Trains, Rail Travel Experience, sustainability, wheel soundproofing systems
(IN BRIEF) Leadec, a global service specialist for factories, has established a new company in Saint-Barthélemy-d’Anjou, Western France. The company has rented a factory building of over 12,000 m2 to create a packaging handling center for a commercial vehicle manufacturer. … Read the full press release
(IN BRIEF) MSC’s subsidiary MEDWAY Belgium NV has placed an order for 15 Vectron MS locomotives from Siemens Mobility. The locomotives will be used for cross-border freight transport in Europe and to supplement container transport in serving the eastern hinterland … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Transportation & Logistics
Tagged Albrecht Neumann, Antwerp, locomotives, MEDWAY Belgium, MSC, rail fleet, Salvatore Prudente, Siemens, Siemens Mobility, Vectron
(IN BRIEF) Logicor, a prominent logistics real estate owner and manager in Europe, is embarking on its largest redevelopment project in the UK. The site, located in the Midlands, within the Golden Triangle logistics hub, will be transformed into Logicor … Read the full press release
(IN BRIEF) GTT, a technological expert in containment systems with cryogenic membranes for liquefied gases, has secured an order from Yangzijiang, a Chinese shipyard, to design cryogenic fuel tanks for ten ultra large container vessels powered by LNG. The vessels … Read the full press release
(IN BRIEF) Connected vehicle technology, in the form of Orchestrated Connected Corridors (OCCs), is enhancing road safety and traffic flow, benefiting both motorists and vulnerable road users. OCCs provide real-time traffic management capabilities and safety insights, addressing challenges like driver … Read the full press release
(IN BRIEF) On July 5, 2023, autoTicket GmbH, a joint venture of Kapsch TrafficCom AG and CTS Eventim AG Co. KGaA, reached a settlement agreement with the Federal Republic of Germany to end arbitration proceedings related to the termination of … Read the full press release
(IN BRIEF) GTT, a technology expert in containment systems for cryogenic membranes, has received Approval in Principle (AiP) from ClassNK, a Japanese classification society, for a new concept of membrane-type containment system for liquefied hydrogen (LH2) transportation. The scalable system … Read the full press release
(IN BRIEF) DHL Group has agreed to acquire 100% of Turkish parcel delivery company MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, aiming to strengthen its position in the rapidly growing Turkish parcel and e-commerce market. … Read the full press release
Posted in Business, Germany, Industrial, Internet & Online, Management, News, Technology, Transportation & Logistics, Turkey
Tagged acquisition, DHL Group, E-Commerce, MNG Kargo, Pablo Ciano, partnership, Tobias Meyer, Turkey
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