Rail Business

The new service will travel via Schiphol, Rotterdam, Antwerp, Brussels and Charles de Gaulle airport before terminating at the French town, which is located near to Disneyland Paris. 

The development on April 3 follows conditional approval from the German regulator and means that the acquisition has now been approved by all relevant parties. 

Contracts will be awarded once negotiations between parties have concluded.

The Office of the United States Trade Representative, which is responsible for developing US trade policy, said that the proposed tariffs are part of a response to "China's unfair trade practices".

Choosing Alstom's street-level power rail solution means that the 10km-long line will be entirely catenary-free.

The Danish rail freight company was established by the two parties in 2008 to "outmanoeuvre competitors in the Scandinavian market" but after 10 years the partnership is ending. 

The order is worth more than €27 million and will see the trains built at Alstom's site in Salzgitter, Germany, and delivered in December, 2019. 

Story said that it has been in discussions with the liquidated company's former employees who were working on the project and are "delighted" that they have agreed to join as direct employees.

Under the Transport Act of 1967, NIR assumed responsibility for all of the country's rail services when it became a legal entity on April 1, 1968.

The latest contract, of which the overall value is around €539 million, represents Nokia's largest GSM-R award to date and a significant stride forward as it seeks to "expand beyond its traditional communication service provider customer base".