China’s world-leading train maker CRRC has gained control of one-quarter of the European diesel-locomotive market in a single purchase costing less than 10m euros ($11m). The acquisition of the ...

Smartron locomotives are developed based on Vectron vehicles. Credit: www.siemens.com/press. German investment firm Paribus Holding has signed a framework agreement ...

CRRC Zhuzhou Locomotive will inherit all guarantees and sureties that Vossloh had taken on for the locomotives business unit on a contract basis. Credit: Rob Dammers. German competition regulator ...