The Wascosa Group Holding has successfully closed the raise of its existing capex facility by EUR 90m and the incorporation of a second capex facility of EUR 150m, establishing a solid long-term basis for further investments in rail freight wagons.
The Sacramento Regional Transit District (SacRT), the largest transit agency in the Sacramento region of California, is strengthening its fleet with an order of eight additional S700 low floor light rail vehicles (LRVs) from Siemens Mobility.
Advanced analytics and alert systems help to optimize maintenance, increase safety and to enhance the availability of the rail infrastructure sustainably.
The collaboration between SAR and Alstom signifies a strong focus by the Kingdom to identify and test innovative sustainable mobility solutions to reduce carbon emissions from transport and meet Vision 2030 targets set by the Kingdom's leadership.