Hohenzollerische Landesbahn orders Coradia DMUs
SNCF to rebrand TGV services as ‘inOui’
STIF to fund €1∙1bn Paris suburban fleet
Contract awards mark Corridor IV upgrading progress
From RATP to minister
Bridge works reflect progress on RFI’s Adriatic Corridor
Tank container designed for train to driverless vehicle
DLR unveils automated freight train vision
Serfer orders EffiShunter 1000 locomotives
Freight Rails Are Steaming from Asia to Europe
The Greenbrier Companies and Astra Rail Management announced on May 18 that they had obtained the regulatory approvals needed to complete a merger of their European activities to create the ‘largest end-to-end, Europe-based freight railcar business’.
Plans for the merger had been announced on October 13, and the transaction is expected to be completed on June 1. Greenbrier would have a 75% stake in Greenbrier-Astra Rail, with Astra Rail’s owner Thomas Manns holding the remaining 25% and chairing the supervisory board.
Greenbrier-Astra Rail would have its headquarters in the Netherlands and include all the European operations of the two companies, which have almost 4 000 employees. Greenbrier has three manufacturing and repair facilities in Poland including the Wagon Świdnica plant, and a sales office in Germany. Astra has facilities at Arad, Severin and Caracal in Romania and undertakes design work in Slovakia.
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.