Menu
21/03/2014
Japanese Firm Move Rail Business To The UK
The Japanese electronics firm Hitachi is to move its global rail business from Japan to the United Kingdom.
The move is expected to help expand its rail business from 2,500 to 4,000 workers and raise its income from €2bn to €3bn.
The firm won a £1.2bn deal in July to make the next generation of inter-city trains in Newton Aycliffe, County Durham where it is building the new factory.
The move will employ 750 workers when it opens next year.
Chief executive of Hitachi Alistair Dormer said: "Both the UK and Japan remain important as markets for Hitachi Rail, and with our train factory in the north-east of England now under construction, we will work to realise our export potential from the UK, expanding into Europe and emergent markets."
(CVS/CD)
The move is expected to help expand its rail business from 2,500 to 4,000 workers and raise its income from €2bn to €3bn.
The firm won a £1.2bn deal in July to make the next generation of inter-city trains in Newton Aycliffe, County Durham where it is building the new factory.
The move will employ 750 workers when it opens next year.
Chief executive of Hitachi Alistair Dormer said: "Both the UK and Japan remain important as markets for Hitachi Rail, and with our train factory in the north-east of England now under construction, we will work to realise our export potential from the UK, expanding into Europe and emergent markets."
(CVS/CD)
Related UK National News Stories
Click here for the latest headlines.
13 January 2012
Legal Action Taken Over Cumbrian Rail Crash
It has been revealed that Network rail is to be prosecuted over the Cumbrian rail crash back in 2007, which claimed one life. The rail regulation body, The Office of Rail Regulation (ORR) has said that they have started legal proceedings against Network Rail for a breach of health and safety law.
Legal Action Taken Over Cumbrian Rail Crash
It has been revealed that Network rail is to be prosecuted over the Cumbrian rail crash back in 2007, which claimed one life. The rail regulation body, The Office of Rail Regulation (ORR) has said that they have started legal proceedings against Network Rail for a breach of health and safety law.
08 November 2011
High Speed Rail Network Gets Backing
A government committee has announced that a high-speed rail link between London and Birmingham has a "good case". The announcement comes after the Government carried out a public consultation on the proposal and the recommended route for an initial high-speed line from London to the West Midlands.
High Speed Rail Network Gets Backing
A government committee has announced that a high-speed rail link between London and Birmingham has a "good case". The announcement comes after the Government carried out a public consultation on the proposal and the recommended route for an initial high-speed line from London to the West Midlands.
09 October 2008
Scottish Rail Strike Suspended
Scottish rail services are expected to return to normal after talks between Network Rail and the Rail Maritime and Transport (RMT) union lead to a suspension of the 24-hour strike scheduled for noon.
Scottish Rail Strike Suspended
Scottish rail services are expected to return to normal after talks between Network Rail and the Rail Maritime and Transport (RMT) union lead to a suspension of the 24-hour strike scheduled for noon.
27 April 2004
Firms accept liability for Potters Bar rail crash
In a joint statement made today Network Rail and Jarvis plc have formally accepted liability for the 2002 Potters Bar rail crash. Network Rail and Jarvis said they hoped that by "formalising the liability issue, those affected by the tragedy will gain some level of comfort and assistance".
Firms accept liability for Potters Bar rail crash
In a joint statement made today Network Rail and Jarvis plc have formally accepted liability for the 2002 Potters Bar rail crash. Network Rail and Jarvis said they hoped that by "formalising the liability issue, those affected by the tragedy will gain some level of comfort and assistance".
24 October 2003
'Fundamental review' sees rail maintenance brought in-house
Network Rail has announced that it is to bring rail maintenance activity back in-house, and so unify the operation and maintenance of Britain's rail infrastructure. Today’s announcement represents the "most fundamental restructuring" of Britain’s railway since British Rail was reorganised in 1994, two years before privatisation.
'Fundamental review' sees rail maintenance brought in-house
Network Rail has announced that it is to bring rail maintenance activity back in-house, and so unify the operation and maintenance of Britain's rail infrastructure. Today’s announcement represents the "most fundamental restructuring" of Britain’s railway since British Rail was reorganised in 1994, two years before privatisation.
-
Northern Ireland WeatherToday:A dry day with any low cloud and mist clearing during the morning leaving long spells of warm sunshine. Breezy at times around the coast. Maximum temperature 20 °C.Tonight:A fine end to the day with some sunshine, then clear spells overnight. Low cloud could form around some Irish Sea coasts later in the night. Minimum temperature 8 °C.
