Siemens Mobility and Railpool plan locomotive service hub in Verona [Yahoo! Finance]
SIEMENS AG SPONS ADR (SIEGY)
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Source: Yahoo! Finance
The hub, planned for a 15,000m2 site to be acquired from Consorzio ZAI under a preliminary agreement, will be situated within the Verona Interporto logistics hub, Italy's largest integrated traffic terminal. This initiative involves a joint investment of approximately €20m ($23.4m), aiming to develop an "open access" facility for maintaining locomotives from various manufacturers. The proposed locomotive service hub will consist of five tracks dedicated to light maintenance and one track equipped with a wheel lathe. The hub is designed to support testing and maintenance of both Multisystem (MS) and Direct Current (DC) locomotives, ensuring compatibility with all major European signalling systems. Siemens Mobility and Railpool project a significant increase in rail transport by 2032, coinciding with the opening of the Brenner Base Tunnel, which is expected to double rail capacity across the Alps. Siemens Mobility CEO Michael Peter said: “Together with Railpool, we are streng
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