Archive 2020

Rand Merchant Bank (RMB) joins RWG 18th November 2008 The RWG today acquired its second member in South Africa when Rand Merchant Bank joined the Group. RMB is the investment banking arm of the FirstRand Group, and was rated the Best Investment Bank in South Africa at the Euromoney Awards for Excellence 2008. RMB operates […]

Luxembourg Rail Protocol in Vietnam 28th October 2008 Earlier this month RWG Chairman Howard Rosen gave a detailed presentation to the Viettraffic 2008 Conference which took place in Hanoi 15-16 October. The conference also attended by government officials from Vietnam and from other parts of South East Asia as well as professionals from the road […]

Fromer, Schultheiss & Staehelin joins the RWG 24th September 2008 Fromer, Schultheiss & Staehelin has been a well-established law firm in Basel/Switzerland since 1941, offering professional services to domestic and international clients. While Fromer, Schultheiss & Staehelin offers a full range of legal services, Stephan Erbe especially focuses on all aspects of Transportation Law, such […]

RWG’s new structure 9th September 2008 At a meeting in London on 4th September, the Rail Working Group formally constituted itself as an Association under Swiss law. At its first meeting it elected Howard Rosen as Chairman of the Association, Dr Konrad Schott as Deputy Chairman, Roger Reinhold as Treasurer, and Martin Fleetwood as Secretary. […]

UNIFE study expects continued strong growth in the rail sector to 2016 1st September 2008 A report by Roland Berger for UNIFE issued on 1st September, reports that recent growth in the railway supply sector has been at a phenomenal rate of 9% and estimates annual growth looking forward of 2 – 2.5% is expected […]

Official commentary on the Cape Town Convention and the Luxembourg Rail Protocol published 29th August 2008 The official commentary on the Cape Town Convention on International Interests in Mobile Equipment and the Luxembourg Protocol thereto on matters specific to railway rolling stock, has now been published by UNIDROIT. This comprehensive work, written by the Rapporteur […]

Announcement of Rafael Castillo’s appointment: 30th July 2008 Bowman Gilfillan is one of the leading South African corporate law firms with operations in Sandton (Johannesburg), Cape Town and London. The firm is widely respected and recognised for its professionalism and for providing high quality legal services. The firm is the exclusive South African member firm […]

The RWG sets up Emerging Markets Task Force 28th May 2008 The RWG has established a special group to focus on the way that the Luxembourg Rail Protocol can assist railway enterprises in emerging markets. In due course the Emerging Markets Task Force will develop its own programme of promotion and advisory activities. Members of […]

Simmons & Simmons joins the RWG 16th May 2008 The Rail Working Group is pleased to announce that law firm Simmons & Simmons has joined the Group. Simmons & Simmons will be represented in the group by Frank Thomas, Partner Rail and Asset Finance in the Frankfurt Office. Simmons & Simmons is a leading international […]

EU ISSUES NEW GUIDELINES ON STATE AID FOR RAILWAY UNDERTAKINGS 2nd May 2008 On 30th April the European Commission issued new State Aid guidelines for rail operators. In relation to rolling stock, in principle the document rules out direct State Aid for freight railway undertakings and gives only limited licence for State Aid in connection […]