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Talgo

Talgo Challenges $122 Million Penalty for Train Delivery Delays

Talgo faces a $122 million penalty from Renfe for delayed high-speed train deliveries, citing new justifications. The train manufacturer remains determined to challenge the fine through firm arguments. This was reported by the railway transport news portal Railway Supply.

tender for high-speed train procurement

Tender for High-Speed Train Procurement Announced in Uzbekistan

Uzbekistan is conducting a major tender for high-speed train procurement, as reported by local media. The state-owned company "Uzbekistan Railways" announced its plans, confirmed by "Uzjeldorpas" department head Fazil Sharipov. Dates for train deliveries and their operation will be revealed after the tender concludes. This was reported by the railway transport news portal Railway Supply.

Hungarian investors are considering the acquisition of the Spanish company Talgo

Sidenor’s Bid to Acquire Talgo Faces Challenges

Steel giant Sidenor has extended a €148 million offer to the Trilantic fund, aiming to acquire its 29.9% stake in Talgo. However, Trilantic, Talgo's primary shareholder, is holding firm on its valuation, demanding €185 million. This was reported by the railway transport news portal Railway Supply.