The Lisboeta

Chinese CRRC Tangshan refunds one million to Porto Metro for delays in delivery of carriages

Tuesday, 16 December 2025RSS
Chinese CRRC Tangshan refunds one million to Porto Metro for delays in delivery of carriages

China Railway Rolling Stock Corp Tangshan won the contract to supply 18 new trains to Porto Metro, but experienced delays in delivering the rolling stock. As a result, the Chinese company will pay a penalty of €1.03 million. The first train rolled off the production line in July 2022, when ...

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Optimize Investment Partners is a Portugal-based asset management firm with more than 17 years of experience and multiple national and international awards, offering investment funds and advisory services. It has launched a US presence to help American clients access investment routes tied to Portuguese residency schemes like the Golden Visa, which may be relevant for US investors seeking residency or property in Portugal.