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Alstom attacks Eurostar Siemens purchase

Alstom attacks Eurostar Siemens purchase

8 October 2010 Rail & Coach News

Train manufacturer Alstom has criticised a Eurostar decision to purchase trains from rival Siemens, suggesting safety in the Channel Tunnel could be jeopardized. Eurostar yesterday confirmed it would invest £700 million in ten new e320 trains, which can carry 900 passengers at speeds of 200 mph.

Eurostar confirms £700m fleet overhaul

Eurostar confirms £700m fleet overhaul

7 October 2010 Rail & Coach News

Eurostar has unveiled a £700 million investment programme to overhaul its aging rolling stock. The Channel Tunnel rail operator – which offers services between London, Paris and Brussels – confirmed the plans will see the company purchase ten new trainsets from German manufacturer Siemens as well as upgrading its existing fleet.

Deutsche Bahn considers UK rail link

Deutsche Bahn considers UK rail link

21 September 2010 Rail & Coach News

German railway operator Deutsche Bahn has confirmed it will test its high-speed ICE-3 train in the Channel Tunnel as it considers expanding its European services. Scheduled for October, the test will allow the company to explore the possibility of establishing a link between the financial centres of London and Frankfurt.

Deutsche Bahn buys Arriva for £1.59bn

Deutsche Bahn buys Arriva for £1.59bn

22 April 2010 Rail & Coach News

Deutsche Bahn is to buy UK train and bus operator Arriva for £1.59bn in a deal that will create one of Europe’s largest transport groups. The move comes as part of the German group’s plans to expand beyond its domestic market, as well as a shift towards consolidation within European transport.

Deutsche Bahn eyes Arriva takeover

Deutsche Bahn eyes Arriva takeover

17 March 2010 Rail & Coach News

Shares in travel operator Arriva raced this morning, following a takeover approach from rival European firm Deutsche Bahn. Arriva saw its value rocket by as much as 14 per cent on the FTSE 250 this morning, following modest gains yesterday as the company confirmed it had received an “unsolicited approach from a third party”.

DB assault forces Eurostar reform

DB assault forces Eurostar reform

12 August 2009 Press Release Rail & Coach News

Five years after the collapse of Project Jupiter, another attempt has begun to transform Eurostar from an unincorporated tri-national partnership into a single coherent entity. The operator confirmed last month that negotiations were underway to position the business ready for the introduction of competition in the international passenger sector from January 1 2010.