IN BRIEF: Mobico announces revised German rail contracts
Mobico Group PLC - Birmingham, England-based transportation company - Signs formal contracts with five German Public Transport Authorities in North Rhine-Westphalia and the adjacent regions. Says these implement structural changes to the Rhein-Munsterland Express and Rhein-Ruhr-Express contracts, as announced on January 29. At the time, it said the comprehensive agreement in principle, reached via its subsidiary National Express Rail GmbH, would enable the material reset and derisking of its German rail business. Read More