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DB Systemtechnik has acquired a 75% stake in InfraView, a Mainz-based company which develops infrastructure and rolling stock diagnostic software. InfraView has worked with DB Netz to develop a predictive maintenance platform for turnouts, which has reduced the number of failures by 50%.
Yekaterinburg-based NPO Avtomatika and Czech company Pragoimex have signed a co-operation agreement to modernise Tatra T3 trams in Russia.
Following a review of the Vertex Railcar wagon manufacturing joint venture of Vertex Rail Technologies, CRRC and Hong Kong private equity firm Majestic Legend Ltd, the Committee on Foreign Investment in the United States has concluded that ‘there are no unresolved national security issues relating to the transaction’. Vertex General Counsel Foster Sayers said ‘there was never any cause for concern over this company, and that is why Vertex took the proactive step of making a voluntary filing with CFIUS and getting clearance’, adding that ‘we are and always will be an American company, creating American jobs, and making products here in the United States.’
Rail Europe has appointed Elaf Travel Tourism Co as sales partner in Saudi Arabia.
Nomad Digital has expanded the scope coverage of its ISO 9001 certification to cover its US operations.
This article first appeared on www.railwaygazette.com
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