Hyundai Rotem wins $296.5 mn electric train deal from Tanzania

Hyundai Rotem's electric locomotive Hyundai Rotem won a $296.5 million electric train deal from Tanzania as the South Korean railway system maker aims to expand business in Africa.Hyundai Rotem, whose top shareholder is Hyundai Motor Co., said it will deliver 80 electric multiple units and 17 e