VOSSLOH has announced that group sales from continuing operations increased from €822.5m to €918.3m in fiscal 2017. However, the company is set to end the year with a negative net income due to losses incurred from Locomotives, the remaining unit of its Transportation division, which the company says with a sale now close, it can class as discontinued operations from December 31.
ESTONIA’s Ministry of Public Administration approved the spatial plan for the Rail Baltica high-speed line in Estonia on February 14 thereby completing the final route and preliminary design of the entire railway in the three Baltic states.
BOMBARDIER Transportation recorded revenues of $US 8.5bn in 2017, a 13% increase from the $US 7.57bn reported in 2016. Ebit also increased by 5% from $US 396m to $US 417m, while Ebitda before special items soared by 23% from $US 657m to $US 810m.