Franchise News

TfL has announced a new, multi-million pound sponsorship with MasterCard to exclusively brand TfL's Oyster card wallets for 2011. Oyster card wallets are to carry MasterCard branding exclusively in 2011. The multi-million pound deal will generate revenue for...

Mott MacDonald’s North American company, Hatch Mott MacDonald has acquired Gibson Engineers PC from Fuquay-Varina, North Carolina and Richard P Arber Associates based in Lakewood, Colorado. Gibson Engineers specialise in transportation infrastructure, with the firm best known for its capabilities...

The joint venture “Kazakhstan TZ - Ansaldo STS Italy Limited Liability Partnership” has awarded Ansaldo STS (STS.MI) a contract worth around EUR 45.6 million for the design, supply, installation and commissioning of the signalling systems and telecommunications for the Zhetygen – Korgas...

A Memorandum of Understanding was signed between Ministry of Railways and Rashtriya Ispat Nigam Limited (RINL), a central Government PSU under Ministry of Steel for setting up of a new Rail Axle Manufacturing Factory at New...

The Department for Transport has formally commenced the search for a new West Coast franchisee. During 2009/10 £720 million was generated for Virgin Trains, the current operator, by passenger related revenue. Virgin operates 300 services a day, equating to around...

In Copenhagen, Ansaldo STS (STS.MI), a Finmeccanica Group company, signed a contract worth a total of EUR 700 million to build the technological system of city’s new metro, Cityringen. The new line, which will run entirely underground, will be a...

National Express Group PLC is pleased to have been awarded an extension of the c2c rail franchise by the Department for Transport (DfT). The franchise will now run for a period of up to two years to 26...

Wabtec Corporation continue to expand its presence in Brazil, the largest rail market in South America, by acquiring Adantech Industria e Comercio de Metal, a friction products company. Adantech, with sales of about $2 million, manufactures a variety of brakes...