Study on the Competitiveness of the Rail Supply Industry Final Report

Total Page:16

File Type:pdf, Size:1020Kb

Study on the Competitiveness of the Rail Supply Industry Final Report Study on the competitiveness of the Rail Supply Industry Final Report Written by Ecorys in cooperation with VVA and TNO September – 2019 EUROPEAN COMMISSION Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs Directorate Industrial Transformation and Advanced Value Chains Unit C.3 — Advanced Engineering and Manufacturing Systems Contact: Unit C.3 — Advanced Engineering and Manufacturing Systems E-mail: [email protected] European Commission B-1049 Brussels EUROPEAN COMMISSION Study on the competitiveness of the Rail Supply Industry Final Report Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs Directorate Industrial Transformation and Advanced Value Chains 2019 Europe Direct is a service to help you find answers to your questions about the European Union. Freephone number (*): 00 800 6 7 8 9 10 11 (*) The information given is free, as are most calls (though some operators, phone boxes or hotels may charge you). LEGAL NOTICE This document has been prepared for the European Commission however it reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein. More information on the European Union is available on the Internet (http://www.europa.eu). Luxembourg: Publications Office of the European Union, 2014 ISBN 978-92-79-86728-6 DOI 10.2873/592269 © European Union, 2014 Printed in [Country] PRINTED ON ELEMENTAL CHLORINE-FREE BLEACHED PAPER (ECF) PRINTED ON TOTALLY CHLORINE-FREE BLEACHED PAPER (TCF) PRINTED ON RECYCLED PAPER PRINTED ON PROCESS CHLORINE-FREE RECYCLED PAPER (PCF) Image(s) © [artist's name + image #], Year. Source: [Fotolia.com] (unless otherwise specified) Study on the competitiveness of the Rail Supply Industry Contents EXECUTIVE SUMMARY ................................................................................................ 9 1. INTRODUCTION ................................................................................................. 15 1.1. Context and background .............................................................................. 15 1.2. Study Objective .......................................................................................... 15 1.3. Structure of this report ................................................................................ 15 2. DEFINING THE RAIL SUPPLY INDUSTY (RSI) ............................................................ 17 2.1. Taxonomy of the RSI ................................................................................... 17 Definition and segmentations of the RSI ............................................ 17 Description of the RSI segments ...................................................... 18 2.2. A statistical definition for the railway supply industry ....................................... 26 3. ECONOMIC IMPORTANCE OF THE RAILWAY SUPPLY INDUSTRY IN EUROPE .................. 31 3.1. Overall sector structure ................................................................................ 31 Locomotive and rolling stocks .......................................................... 33 Repair and maintenance .................................................................. 36 3.2. RSI according to company size - SME check ................................................... 38 Locomotive and rolling stocks .......................................................... 38 Signalling and electrification ............................................................ 41 Rail infrastructure ........................................................................... 43 3.3. Production in the RSI ................................................................................... 45 Locomotive and rolling stock ............................................................ 45 Signalling and electrification products ............................................... 47 Rail infrastructure ........................................................................... 48 3.4. Gross investments in tangible goods .............................................................. 50 3.5. International trade (CN Codes) ..................................................................... 52 Locomotive and rolling stock ............................................................ 54 Signalling and electrification products ............................................... 57 Rail Infrastructure .......................................................................... 59 3.6. Labour competitiveness................................................................................ 61 3.7. Procurement trends ..................................................................................... 66 Number of tenders and value of awards per country ........................... 67 Winning criteria .............................................................................. 76 Top winning companies ................................................................... 77 3.8. Findings on the economic importance of the RSI in Europe ............................... 80 4. THE COMPETITIVE POSITION OF THE EUROPEAN RSI ............................................... 83 4.1. European RSI in comparison with other European industries ............................. 83 Economic performance .................................................................... 83 Gross investments in tangible goods performance .............................. 86 Trade performance ......................................................................... 88 4.2. European RSI evolution and trends in the global context .................................. 89 Production ..................................................................................... 90 Exports ......................................................................................... 91 Imports ......................................................................................... 92 Consumption ................................................................................. 94 Balance of Trade ............................................................................ 95 Market share of the European RSI in other markets worldwide ............. 96 Labour ........................................................................................ 121 R&D, patents and industrial designs ................................................ 122 5 Study on the competitiveness of the Rail Supply Industry 4.3. Boosting European RSI excellence in the global market: case studies on good industry examples and practices ................................................................. 128 Frecciarossa 1000/ETR 400............................................................ 129 The European Rail Traffic Management System: cooperation to foster innovation .......................................................................... 131 SMEs and their role in the European Rail Supply Industry .................. 133 4.4. Findings on the competitive position of the RSI in relation to other industries and globally .............................................................................................. 135 5. FINDINGS ON THE REGULATORY AND FRAMEWORK CONDITIONS ............................ 139 5.1. Harmonisation and interoperability .............................................................. 139 The Regulatory framework............................................................. 139 The Fourth Railway Package .......................................................... 141 The EU Public Procurement framework ............................................ 143 International public procurement .................................................... 144 Administrative burden ................................................................... 145 Standardisation ............................................................................ 145 5.2. Developing rail transport infrastructure ........................................................ 149 5.3. Social and environmental sustainability ........................................................ 153 5.4. Labour demand and labour conditions .......................................................... 154 5.5. International market access ........................................................................ 155 5.6. Foreign Direct Investment .......................................................................... 163 5.7. Innovation ................................................................................................ 165 Investment in R&D&I .................................................................... 165 Shift2Rail .................................................................................... 166 Potential of digitalisation ............................................................... 168 5.8. Overall conclusion ..................................................................................... 173 6. STRATEGIC OUTLOOK ......................................................................................... 175 6.1. Future trends and positioning rail in the mobility and logistics system .............. 175 General Future trends ................................................................... 175 Digital transformation & Business models of the New economy ......... 177 Risk assessment for future rail: Exploration of possible implications of new business models in the transport sector ................................ 177 User orientation redefined ............................................................
Recommended publications
  • Siemens Company Presentation
    Siemens AG August 2021 Unrestricted | © Siemens 2021 | August 2021 Disclaimer This document contains statements related to our future business and financial Siemens neither intends, nor assumes any obligation, to update or revise these performance and future events or developments involving Siemens that may forward-looking statements in light of developments which differ from those constitute forward-looking statements. These statements may be identified by anticipated. words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward-looking statements in other reports, in prospectuses, in This document includes – in the applicable financial reporting framework not presentations, in material delivered to shareholders and in press releases. In clearly defined – supplemental financial measures that are or may be alternative addition, our representatives may from time to time make oral forward-looking performance measures (non-GAAP-measures). These supplemental financial statements. Such statements are based on the current expectations and certain measures should not be viewed in isolation or as alternatives to measures of assumptions of Siemens’ management, of which many are beyond Siemens’ Siemens’ net assets and financial positions or results of operations as presented control. These are subject to a number of risks, uncertainties and factors, in accordance with the applicable financial reporting framework in its including, but not limited to, those described in disclosures, in particular in the Consolidated Financial Statements. Other companies that report or describe chapter Report on expected developments and associated material opportunities similarly titled alternative performance measures may calculate them differently. and risks of the Annual Report, and in the Half-year Financial Report, which should be read in conjunction with the Annual Report.
    [Show full text]
  • Gloucester Railway Carriage & Wagon Co. 1St
    Gloucester Railway Carriage & Wagon Co. 1st Generation DMU’s for British Railways A Review Rodger P. Bradley Gloucester RC&W Co.’s Diesel Multiple Units Rodger P Bradley As we know the history of the design and operation of diesel – or is it oil-engine powered? – multiple unit trains can be traced back well beyond nationalisation in 1948, although their use was not widespread in Britain until the mid 1950s. Today, we can see their most recent developments in the fixed formation sets operated over long distance routes on today’s networks, such as those of the Virgin Voyager design. It can be argued that the real ancestry can be seen in such as the experimental Michelin railcar and the Beardmore 3-car unit for the LMS in the 1930s, and the various streamlined GWR railcars of the same period. Whilst the idea of a self-propelled passenger vehicle, in the shape of numerous steam rail motors, was adopted by a number of the pre- grouping companies from around the turn of the 19th/20th century. (The earliest steam motor coach can be traced to 1847 – at the height of the so-called to modernise the rail network and its stock. ‘Railway Mania’.). However, perhaps in some ways surprisingly, the opportunity was not taken to introduce any new First of the “modern” multiple unit designs were techniques in design or construction methods, and built at Derby Works and introduced in 1954, as the majority of the early types were built on a the ‘lightweight’ series, and until 1956, only BR and traditional 57ft 0ins underframe.
    [Show full text]
  • Trix/Minitrix New Items 2017 Brochure HERE
    New Items 2017 Trix. The Fascination of the Original. New Items 2017 E E © Gebr. Märklin & Cie. GmbH – All rights reserved. © Gebr. Märklin & Cie. GmbH – All rights reserved. Dear Trix Fans, Welcome to the New Year for 2017! This year we are again presenting our new items brochure with many impressive models for Minitrix, Trix H0, and Trix Express. Through all of the eras, the railroad has provided transporta- tion for business and industry. It has also left its mark on the life of entire cities and regions over many generations. It is thus no wonder that we have given special importance to freight service as models. This year we are spreading the entire range across model railroad rails. Regardless of whether it is the impressive class 42 steam locomotive of the Fifties or the latest variations of the Vectron as the TRAXX family. We are bringing impressive, prototypical trains/train New Items for MiniTrix 2017 2 – 55 New Items for Trix H0 2017 56 – 105 runs to your model railroad scenery with car sets in all eras, some of them with new tooling. However, 2017 is also the year of the “TransEuropExpress”, which seven railroads started exactly 60 years ago with the ambitious plan to bring elegant, comfortable traveling to the rails. Come with us to explore this concept through the eras New Items for Trix Express 2017 106–109 of the history of long-distance passenger service. Now, give free rein to your personal operating and collector passion and discover your favorites on the following pages. Fulfill your wishes – your local specialty dealer is waiting for your visit! MiniTrix Club Model for 2017 6– 7 MHI Exclusiv 1/2017 4 – 8 Your Trix Team wishes you much fun exploring the new items H0 Trix Club Model for 2017 58 – 59 Museumcars 117 for 2017! Trix Club 110 Reparatur-Service 118 Registration Form 113 General References 118 Trix Club Cars for 2017 111 Important Service Information 118 Trix Club Anniversary Car 112 Explanation of Symbols 119 Index to the Item Numbers 120 1 © Gebr.
    [Show full text]
  • H2@Railsm Workshop
    SANDIA REPORT SAND2019-10191 R Printed August 2019 H2@RailSM Workshop Workshop and report sponsored by the US Department of Energy Office of Energy Efficiency and Renewable Energy Fuel Cell Technologies Office, and the US Department of Transportation Federal Railroad Administration. Prepared by Mattie Hensley, Jonathan Zimmerman Prepared by Sandia National Laboratories Albuquerque, New MexiCo 87185 and Livermore, California 94550 Issued by Sandia National Laboratories, operated for the United States Department of Energy by National Technology & Engineering Solutions of Sandia, LLC. NOTICE: This report was prepared as an account of work sponsored by an agency of the United States Government. Neither the United States Government, nor any agency thereof, nor any of their employees, nor any of their contractors, subcontractors, or their employees, make any warranty, express or implied, or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represent that its use would not infringe privately owned rights. References herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise, does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States Government, any agency thereof, or any of their contractors or subcontractors. The views and opinions expressed herein do not necessarily state or reflect those of the United States Government, any agency thereof, or any of their contractors. Printed in the United States of America. This report has been reproduced directly from the best available copy. Available to DOE and DOE contractors from U.S. Department of Energy Office of Scientific and Technical Information P.O.
    [Show full text]
  • Top 500 Beschäftigten Stabil
    TRENDTHEMA Die 500 größten UNTERNEHMEN INHALT COMEBACK » Erstaunlich gutes Jahr 2020 trotz Coronakrise. TENDENZ » Große Unternehmen weniger betroffen als kleine. UMSATZ » Rund 40 % mit Zuwächsen gegenüber 2019. MITARBEITER » Zahl der bei den Top 500 Beschäftigten stabil. TREND-TABELLE » Die Ränge 1 bis 500 im Überblick. Tren21_TOP500_für-online-PDF_Deckblatt.indd 1 11.06.21 13:09 Programmierung: RJ Partner GmbH TOP 500: die größten Unternehmen Österreichs RANKING. Das Coronajahr 2020 stellte für viele Unternehmen eine absolute Ausnahmesituation dar. In Summe kamen die TOP 500 Gastronomie oder Events, konnten viele aber überraschend gut durch die Krise. Die gesamte Liste von österreichische Firmen die herben Rück- gänge vor allem im zweiten Quartal 2020 der Nummer ein bis Rang 500 sehen Sie hier auf trend.at. teilweise oder ganz aufholen. Gar nicht so wenige haben in der Pandemie sogar MGEKEHRTE VORZEICHEN: Im wiegend bei den Unternehmen direkt er- massiv zugelegt: die Münze Österreich, vergangenen Jahr, als das TOP- folgt, diesmal ein bisschen schwieriger. die Spar-Gruppe, der Pistolenhersteller U 500-Ranking die Geschäftszahlen Manche wollten – nicht ganz unverständ- Glock oder die cargo-partner Group – um von 2019 repräsentierte, wies der trend an lich – die Werte für ein völlig untypisches nur ein paar Beispiele zu nennen. dieser Stelle darauf hin, dass das außeror- Geschäftsjahr nur ungern melden. Bei 284 Unternehmen der TOP 500 dentlich gute Bild, das sich offenbarte, mit manchen sorgten krisenbedingte Sonder- mussten 2020 gegenüber dem Jahr davor der Lage zum Erscheinungszeitpunkt – effekte für Verzögerungen oder sie hat- Umsatzeinbußen hinnehmen, immerhin Mitte Juni 2020 – längst nichts mehr zu ten – ebenfalls nachvollziehbar – schlicht 211 konnten jedoch Umsatzsteigerungen tun hatte.
    [Show full text]
  • Global Competitiveness in the Rail and Transit Industry
    Global Competitiveness in the Rail and Transit Industry Michael Renner and Gary Gardner Global Competitiveness in the Rail and Transit Industry Michael Renner and Gary Gardner September 2010 2 GLOBAL COMPETITIVENESS IN THE RAIL AND TRANSIT INDUSTRY © 2010 Worldwatch Institute, Washington, D.C. Printed on paper that is 50 percent recycled, 30 percent post-consumer waste, process chlorine free. The views expressed are those of the authors and do not necessarily represent those of the Worldwatch Institute; of its directors, officers, or staff; or of its funding organizations. Editor: Lisa Mastny Designer: Lyle Rosbotham Table of Contents 3 Table of Contents Summary . 7 U.S. Rail and Transit in Context . 9 The Global Rail Market . 11 Selected National Experiences: Europe and East Asia . 16 Implications for the United States . 27 Endnotes . 30 Figures and Tables Figure 1. National Investment in Rail Infrastructure, Selected Countries, 2008 . 11 Figure 2. Leading Global Rail Equipment Manufacturers, Share of World Market, 2001 . 15 Figure 3. Leading Global Rail Equipment Manufacturers, by Sales, 2009 . 15 Table 1. Global Passenger and Freight Rail Market, by Region and Major Industry Segment, 2005–2007 Average . 12 Table 2. Annual Rolling Stock Markets by Region, Current and Projections to 2016 . 13 Table 3. Profiles of Major Rail Vehicle Manufacturers . 14 Table 4. Employment at Leading Rail Vehicle Manufacturing Companies . 15 Table 5. Estimate of Needed European Urban Rail Investments over a 20-Year Period . 17 Table 6. German Rail Manufacturing Industry Sales, 2006–2009 . 18 Table 7. Germany’s Annual Investments in Urban Mass Transit, 2009 . 19 Table 8.
    [Show full text]
  • Locomotive Cooling Water Temperatures
    LOCOMOTIVE COOLING WATER TEMPERATURES An engineman's guide to proper control of engine cooling systems and maintaining optimum cooling temperatures during standard operation of locomotives. This document is intended as a guide and reference of locomotive engine cooling water temperatures. All attempts shall be made to make clear the various key temperatures, when and how they should be achieved, as well as the various terms used throughout the document. The astute engineman reading this document may note that certain themes, subjects and terms are repeated throughout. This is quite intentional, and serves to increase exposure of subject material for attempted retainment by the subject. In addition to cooling water temperatures, there will be included a section regarding the draining of the air reservoirs on page four [4]. Terms, Definitions, and Explanations During the course of this document there will be some terms used which may cause confusion as to what they infer. To avoid undue confusion said terms shall be listed and defined below, and some may include exceptions and/or informative additions on a case by case basis as they apply to certain locomotives. There will also be a basic overview of how the diesel prime mover and it's cooling system work. The engineman should come to know these terms and the applicable definitions, as well the various important differences between locomotives for which exceptions may apply. Load: Increasing the amount of work required of an engine. This is more or less when you place the locomotive in "run" and apply power via the throttle whilst a direction is selected with the reverser.
    [Show full text]
  • Operational Rail Vehicle Strategy 2019-2034 Operational Rail Vehicle Strategy 2019-2034
    OPERATIONAL RAIL VEHICLE STRATEGY 2019-2034 OPERATIONAL RAIL VEHICLE STRATEGY 2019-2034 INTRODUCTION The Science Museum Group (SMG) through the National Railway Museum (NRM) owns the largest fleet of operating historic locomotives in the United Kingdom, so it’s essential that we have a strategy to ensure the most effective and efficient use of these vehicles. The NRM, Locomotion and Science & Industry Museum in Manchester (SIM) will continue to operate a select number of rail vehicles from our collection. Showing our collections in action is one of the most direct tools we have to share our key values with visitors: revealing wonder, igniting curiosity and sharing authentic stories. What’s more, our visitors expect a train ride. We need to meet that expectation whilst managing our collection in the most professional and responsible manner. A commercially viable and deliverable plan will see a core selection of operating vehicles at York and Locomotion within the maintenance capabilities of teams at those locations. These have been chosen for reasons of accessibility, affordability, income potential, attractiveness to visitors, practicality of operation and sustainable repair as well as the railway stories they reveal. We use our rail vehicles in various ways with priority always given for static display for our visitors at York and Shildon. Other ways in which we use them are: operation on museum sites; static loans to accredited museums; operating loans to heritage railways; main line operation. Our loans reach diverse audiences across the UK, making the national collection accessible to many. These vehicles are brand ambassadors for our mission of inspiring future engineers and scientists.
    [Show full text]
  • Siemens Launches Network Booster Software to Interconnect Data Across Sorting Centers
    Press Siemens Logistics Constance, July 7, 2020 Siemens launches Network Booster software to interconnect data across sorting centers • Real-time data visualization of processes in parcel and mail distribution networks • Advanced analytics for end-to-end monitoring and control of item flows • Optimized network performance and maximized productivity Siemens Logistics is launching its new Network Booster software for parcel and mail distribution networks. This innovative solution creates full visibility of processes within a network and allows enhanced network performance. Features include full monitoring and recording of throughput for each connected logistics center and high-end visualization and analysis of performance data. Thanks to the real-time collection of operational data, the software enables to quickly identify operational irregularities, localize bottlenecks, and respond rapidly to reduce negative impacts on overall network performance. An example is the detection of items looping between sorting centers and the information required to extract these items. Recirculating parcels are a frequently occurring problem, leading to higher costs. Thanks to Network Booster, unnecessary sorting and transport costs caused by recirculations can be reduced by at least 80 percent. Mail and parcel service providers benefit from increased operational efficiency and overall network profitability. “Due to the corona pandemic, shopping opportunities are still limited in some countries. At the same time, e-commerce is booming, and we are seeing
    [Show full text]
  • Representing the SPANISH RAILWAY INDUSTRY
    Mafex corporate magazine Spanish Railway Association Issue 20. September 2019 MAFEX Anniversary years representing the SPANISH RAILWAY INDUSTRY SPECIAL INNOVATION DESTINATION Special feature on the Mafex 7th Mafex will spearhead the European Nordic countries invest in railway International Railway Convention. Project entitled H2020 RailActivation. innovation. IN DEPT MAFEX ◗ Table of Contents MAFEX 15TH ANNIVERSARY / EDITORIAL Mafex reaches 15 years of intense 05 activity as a benchmark association for an innovative, cutting-edge industry 06 / MAFEX INFORMS with an increasingly marked presence ANNUAL PARTNERS’ MEETING: throughout the world. MAFEX EXPANDS THE NUMBER OF ASSOCIATES AND BOLSTERS ITS BALANCE APPRAISAL OF THE 7TH ACTIVITIES FOR 2019 INTERNATIONAL RAILWAY CONVENTION The Association informed the Annual Once again, the industry welcomed this Partners’ Meeting of the progress made biennial event in a very positive manner in the previous year, the incorporation which brought together delegates from 30 of new companies and the evolution of countries and more than 120 senior official activities for the 2019-2020 timeframe. from Spanish companies and bodies. MEMBERS NEWS MAFEX UNVEILS THE 26 / RAILACTIVACTION PROJECT The RailActivation project was unveiled at the Kick-Off Meeting of the 38 / DESTINATION European Commission. SCANDINAVIAN COUNTRIES Denmark, Norway and Sweden have MAFEX PARTICIPTES IN THE investment plans underway to modernise ENTREPRENEURIAL ENCOUNTER the railway network and digitise services. With the Minister of Infrastructure The three countries advance towards an Development of the United Arab innovative transport model. Emirates, Abdullah Belhaif Alnuami held in the office of CEOE. 61 / INTERVIEW Jan Schneider-Tilli, AGREEMENT BETWEEN BCIE AND Programme Director of Banedanmark. MAFEX To promote and support internationalisation in the Spanish railway sector.
    [Show full text]
  • Hydrogen-Rail (Hydrail) Development
    H2@Rail Workshop Hydrogen-Rail (hydrail) Development Andreas Hoffrichter, PhD Burkhardt Professor in Railway Management Executive Director of the Center for Railway Research and Education [email protected] H2@Rail Workshop, Lansing, MI March 27, 2019 Contents • Current rail energy consumption and emissions • Hybrids • Primary power plant efficiencies • Hydrail development • Past and on-going research - 2 - Michigan State University, 2019 Current Rail Energy Efficiency and GHG DOT (2018), ORNL (2018) - 3 - Michigan State University, 2019 Regulated Exhaust Emissions • The US Environmental Protection Agency (EPA) has regulated the exhaust emissions from locomotives • Four different tiers, depending on construction year of locomotive • Increasingly stringent emission reduction requirements • Tier 5 is now in discussion (see next slide) • Achieving Tier 4 was already very challenging for manufacturers (EPA, 2016) - 4 - Michigan State University, 2019 Proposed Tier 5 Emission Regulation • California proposed rail emission regulation to be adopted at the federal level (California Air Resources Board, 2017) - 5 - Michigan State University, 2019 Class I Railroad Fuel Cost 2016 (AAR, 2017) • Interest from railways in alternatives high when diesel cost high, interest low when diesel cost low • When diesel cost are high, often fuel surcharges introduced to shippers • Average railroad diesel price for the last 10 years ~US$2.50 per gallon (AAR, 2017) - 6 - Michigan State University, 2019 Dynamic Braking • Traction motors are used as generators • Generated electricity is: – Converted to heat in resistors, called rheostatic braking – Fed back into wayside infrastructure or stored on-board of train, called regenerative braking • Reduces brake shoe/pad wear, e.g., replacement every 18 month rather than every18 days (UK commuter train example) • Can reduces energy consumption.
    [Show full text]
  • Trains Galore
    Neil Thomas Forrester Hugo Marsh Shuttleworth (Director) (Director) (Director) Trains Galore 15th & 16th December at 10:00 Special Auction Services Plenty Close Off Hambridge Road NEWBURY RG14 5RL Telephone: 01635 580595 Email: [email protected] Bob Leggett Graham Bilbe Dominic Foster www.specialauctionservices.com Toys, Trains & Trains Toys & Trains Figures Due to the nature of the items in this auction, buyers must satisfy themselves concerning their authenticity prior to bidding and returns will not be accepted, subject to our Terms and Conditions. Additional images are available on request. If you are happy with our service, please write a Google review Buyers Premium with SAS & SAS LIVE: 20% plus Value Added Tax making a total of 24% of the Hammer Price the-saleroom.com Premium: 25% plus Value Added Tax making a total of 30% of the Hammer Price 7. Graham Farish and Peco N Gauge 13. Fleischmann N Gauge Prussian Train N Gauge Goods Wagons and Coaches, three cased Sets, two boxed sets 7881 comprising 7377 T16 Graham Farish coaches in Southern Railway steam locomotive with five small coaches and Livery 0633/0623 (2) and a Graham Farish SR 7883 comprising G4 steam locomotive with brake van, together with Peco goods wagons tender and five freight wagons, both of the private owner wagons and SR all cased (24), KPEV, G-E, boxes G (2) Day 1 Tuesday 15th December at 10:00 G-E, Cases F (28) £60-80 Day 1 Tuesday 15th December at 10:00 £60-80 14. Fleischmann N Gauge Prussian Train Sets, two boxed sets 7882 comprising T9 8177 steam locomotive and five coaches and 7884 comprising G8 5353 steam locomotive with tender and six goods wagons, G-E, Boxes F (2) £60-80 1.
    [Show full text]