Urban rail business news

The latest business news from the global urban rail supply industry.

CAF completes Solaris acquisition

06 Sep 2018

CAF: Spanish group CAF completed its acquisition of 100% of the shares of Polish company Solaris Bus & Coach on September 4. CAF has also entered into an agreement for Poland’s PFR investment fund to acquire a 35% stake in ... more

CZ Loko has built two MUV 74 M-S track maintenance vehicles for use on the Sofia metro.

Sofia metro takes delivery of maintenance machines

05 Sep 2018

BULGARIA: Czech manufacturer CZ Loko has built two MUV 74 M-S track maintenance vehicles for use on the Sofia metro. One vehicle is equipped with a work platform for access to the overhead electrification equipment. The other ... more

Toyota and Uber to develop autonomous cars

28 Aug 2018

AUTONOMOUS CARS: Toyota Motor Corp announced on August 28 that it is investing US$500m in Uber Technologies, and the two companies had agreed to work together on ride-sharing using autonomous cars. Under the agreement, both ... more

Stadler applies to build St Petersburg tram factory

27 Aug 2018

RUSSIA: Stadler has applied to the St Petersburg authorities to build a tram assembly plant in the city. The Swiss company has proposed an offset contract with the municipality under which the manufacturer would pay to build ... more