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CRRC drops Bulgarian train bid following EU investigation

CRRC drops Bulgarian train bid following EU investigation
railwaygazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from railwaygazette.com Daily Mail and Mail on Sunday newspapers.

December Talgo , Ministry Of Transport Communications , European Commission , Sifang Locomotive , Foreign Subsidies Regulation , Internal Market Thierry Breton ,

Chinese firm pulls out of Bulgarian train tender

A Chinese company abandoned a €610 million ($660 million) Bulgarian railway tender after a probe of the deal was opened by European Union regulators, who hailed the withdrawal as a boost to economic security, reports Caixin. CRRC Qingdao Sifang Locomotive Co. Ltd. withdrew from the invitation to supply and maintain 20 electric trains, the European… ....

Thierry Breton , Qingdao Sifang Locomotive Co , European Commission , European Union , Sifang Locomotive , Foreign Subsidies Regulation ,

Chinese train maker withdraws from Bulgaria tender after EU probe

Chinese train maker withdraws from Bulgaria tender after EU probe
euractiv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euractiv.com Daily Mail and Mail on Sunday newspapers.

United States , Bruxelles Capitale , Thierry Breton , European Commission , Sifang Locomotive , Foreign Subsidies Regulation , Subsidies Regulation ,

CRRC's withdrawal from Bulgaria bid shows rising EU protectionism: CCCEU

Chinese train maker CRRC s withdrawal from a Bulgarian train tender adds to the evidence suggesting the EU side has wielded the Foreign Subsidies Regulation (FSR) as a new tool to deter foreign companies, coercing them into withdrawal and subsequent business exclusion, the China Chamber of Commerce to the European Union (CCCEU) said on Tuesday. ....

China Ministry Of Commerce , Qingdao Sifang Co Ltd , European Commission , European Union , South China Morning Post , China Chamber , Spring Festival , East China , Foreign Subsidies Regulation , Sifang Locomotive , South China Morning ,