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COMPANY NEWS


Borders Railway contract awarded to BAM Nuttall


BAM Nuttall has won the £220m contract for the design and construction of the Borders Railway, which Network Rail is delivering on behalf of the Scottish Government.


The railway, due to open in 2015, will re-establish a passenger rail link for the first time in over 40 years from Edinburgh through Midlothian to Tweedbank, including 30 miles of new railway, with three existing and seven new stations.


Around 500 jobs will be created and the railway is expected to bring major economic and social development opportunities, as part of a wider investment in transport infrastructure in Scotland.


Network Rail will begin construction soon and will commission the new railway and stations by summer 2015. The capital construction cost of the line will total £294m.


The project was originally up for tender in 2010, but private


companies dropped out due to “commercial reasons” and the process was scrapped in September 2011. It has been heavily criticised for long delays and overspends.


Transport minister Keith Brown (pictured) said: “The awarding of this contract so quickly after Network Rail took over delivery of the Borders Railway is a huge step forward for this vital project.


“Work is already well underway on the site and the people of the Borders and Midlothian areas will soon be able to see the actual construction begin. And all the partners will continue to work together to see if we can find a way to deliver the project even earlier than 2015.”


Siemens buys


Invensys has sold its rail business to its competitor Siemens for £1.74bn.


The shock sale came after a failed takeover in 2012 by Emerson Electric.


Siemens and Invensys had been working together and recently won, as a consortium, the contract to provide signalling and control equipment for the central Crossrail section.


Invensys’ rail business made operating profits of £116m last year, and the company is to continue trading in other areas.


Wayne Edmunds, chief executive of Invensys, said: “Following a strategic review which highlighted the likely consolidation in the global rail signalling market and the limited scope to increase the size of the


Invensys rail division for £1.74bn


Invensys Rail business, we have decided to refocus the Group around our industrial software, systems and control equipment business and, accordingly, dispose of Invensys Rail.”


to


Roland Busch, CEO of Siemens Infrastructure & Cities,


said:


“Today’s moves are important measures to focus our core activities.


“We are exiting a non-core business with limited synergy potential while strengthening a resilient and high return business by combining two organisations with similar cultures and attractive synergy potential.


“The combined business will ensure profitable growth opportunities worldwide for the Siemens Infrastructure & Cities Sector.”


Hitachi announces TRE acquisition


Hitachi Europe Ltd has bought The Railway Engineering Company Ltd (TRE) in a £25.5m deal.


TRE supplies traffic operators’ training and assessment simulators, as well as automatic routing systems. In 2012, Hitachi became one of three companies awarded a contract to provide a traffic management system prototype to Network Rail (see RTM October/November 2012). The project will test and evaluate systems with the potential to roll out traffic management across the entire network.


All existing activities and staff will continue to operate from TRE’s current business locations.


Yutaka Saito, president & CEO of Infrastructure Systems Group and Infrastructure Systems Company, senior vice president and executive officer of Hitachi, Ltd. said:


12 | rail technology magazine Dec/Jan 13


“Advanced social infrastructure systems are imperative to today’s world, in order to help reduce carbon emissions and build a sustainable society.


“Hitachi is therefore committed to expanding its total solutions business, by the integration of IT and social infrastructure systems.


“Through this acquisition, we aim to gain a foothold in expanding our social infrastructure systems business in the UK and Europe.”


TRE managing director Rob Butler said: “We are very excited by the considerable opportunities this acquisition promises. We will continue to provide the same quality and service to our clients and look to further develop our offer as we simulate,


validate


and control railway signalling and operations both here in the UK and overseas.”


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