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AES dumps its stake in Turkish joint venture, continuing its exit from overseas operations

2014-10-13 16:26:30| Energy - Topix.net

AES is selling its stake in a Turkish joint venture for $125 million as the Virginia utility continues its retreat from overseas markets. CEO Andres Gluski said that the sale is part of the company's strategy to streamline its portfolio and exit markets where it doesn't hold a competitive advantage.

Tags: operations joint exit continuing

Alstom receives second contract from Turkish Railways

2014-10-07 01:00:00| Railway Technology

French train manufacturer Alstom has signed a 2.5m contract with the Turkish State Railways (TCDD) for the maintenance of its five CAF high-speed trains.

Tags: contract receives turkish railways

Mexican, Turkish rebar producers argue against U.S. duties

2014-09-16 05:03:36| Steel - Topix.net

U.S. producers of steel rebar undercut each other on price and are not hurt by imports from Mexico and Turkey, foreign firms told the U.S. International Trade Commission on Monday as they fought a push to slap duties on their steel. U.S.-based producers have complained of a doubling of imports between 2010 and 2012 and launched a trade dispute that could end in import duties as high as 67 percent on reinforcing bar used to reinforce concrete.

Tags: duties mexican turkish producers

Indra wins contract from Turkish Rail to implement rail network planning system

2014-09-09 01:00:00| Railway Technology

Consultancy and technology firm Indra has signed a contract with Turkish State Railways to implement a high-speed train management system and a planning system for its rail network.

Tags: system network planning contract