Station naming deals announced
Runaway Rail Car Kicked Loose by Teen Hits New York Station
Škoda unveils its second tram for the Chinese market
Wabtec to buy Faiveley Transport for US$1·8bn
Constantine tram extension contract
Channel Tunnel: '2,000 migrants' tried to enter
Ottawa urban rail gets federal funding
UK and Italian operators order Vossloh locomotives
First Great Western and Eversholt sign Hitachi AT300 train contract
Tanzania, Rwanda and Burundi invite interest in DIKKM railway
PKP Cargo has dropped plans to buy freight operators Orlen KolTrans and Euronaft Trzebinia after concerns were raised by the competion authorities.
Takeover plans worth 250m złoty had been announced last November, and PKP Cargo envisaged this could bring substantial cost reductions.
Discussions for the purchase of Pol-Miedź Trans have also stalled.
Meanwhile, PKP Cargo’s Czech-based Advanced World Transport business which was acquired last year suffered a blow in May with the insolvency of major customer OKD, which operated several coal mines in the Ostrava region. AWT is seeking new opportunities, including a planned expansion of the Paskov intermodal terminal with €5·9m of the €8·9m cost to be covered by EU funding.
This article first appeared on www.railwaygazette.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2017 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.