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Hitachi to transfer rail business from Japan to UK

20 Mar 2014 12:00 AM | Anonymous

Japanese based Hitachi has announced plans to move its global rail business to the UK as part of a planned expansion programme.

The expansion programme is hoped to increase revenues from €2 billion to €3 billion and increase the workforce to 4,000 workers from the 2,500 currently employed.

The move by the Japanese manufacturer places the company in proximity to its main competitors such as German based Siemens.

The announcement follows Hitachi’s success in winning a £1.2 billion contract to build next generational inter-city trains in north-east England.

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