French manufacturer Thales will provide a range of technological solutions to the new metro system in Alexandria, Egypt after signing a €1.3bn ($1.42bn) contract with the Colas Rail and Orascom joint ...

The Thales Group has garnered recognition in the 2024 Railway Technology Excellence Awards for its strategic business expansion, particularly in the realm of rail signalling. The Railway Technology ...

Combined business’ revenues €7.3bn in FY23 (pro-forma) achieve Hitachi Rail’s longstanding target to surpass ¥1 trillion annually Deal aligns with Hitachi Group’s sustainable growth strategy with ...

Hitachi Rail will divest its mainline signaling businesses in France, Germany and Britain. Hitachi Rail has been given clearance to proceed with its $1.8 billion (€1.66 billion) acquisition of Thales’ ...

The two companies expect to receive clearance from the European Union for the deal early next month. Hitachi Rail has secured clearance from Britain’s anti-trust watchdog, the Competition and Markets ...

BRUSSELS, Oct 19 (Reuters) - Hitachi (6501.T), opens new tab is set to win EU antitrust approval for its 1.7-billion-euro ($1.8 billion) acquisition of Thales' (TCFP.PA), opens new tab GTS railway ...

TOKYO, Dec 9, 2022 - (JCN Newswire) - Hitachi Rail's planned acquisition of Thales' Ground Transportation Systems (GTS) business was announced in August 2021. Since that time, Hitachi Rail and Thales ...