EUROPE: The long-planned restructuring of Eurostar, the cross-Channel high speed rail operator, was formally completed on September 1, the company has confirmed. The restructuring has seen the unincorporated tri-national partnership under which Eurostar was created replaced by Eurostar International, a conventional three-way joint venture with its own staff […]
USA: Balfour Beatty’s US rail division has completed the purchase of Reuel Inc’s Traction Power division for an undisclosed sum, Balfour Beatty Rail Inc announced on August 30. Based in Goldsboro, North Carolina, Reuel is a specialist manufacturer of electrical components and power supply equipment. The Traction Power business unit focuses on producing e […]
UZBEKISTAN: Last month UTY completed electrification of the 114 km Toshkent Tukimachi – Angren line, the last diesel-worked route in the Toshkent area. Wiring was undertaken at a cost of US$85·4m funded by UTY and foreign sources including Germany’s KfW and the Kuwait Fund for Arab Economic Development. Russian firm NPO Mostovik provided two bridges, a […]