Leo Mobility launches online platform for train leasing and procurement of locomotives and coaches

Leo Mobility Management (LMM), founded by Leo Express creator Leoš Novotný, is launching Trainshop.com, an online platform allowing European rail operators to configure, order and finance passenger trains. The company, Railway Gazette International reports, aims to address a shortage of locomotives and coaches by offering a more flexible alternative to traditional rolling stock leasing.

Novotný estimates that European operators will need at least 3,000 passenger coaches and 300 locomotives by 2030, including both new and second-hand vehicles. Established in 2025, LMM aims to meet this demand by combining rolling stock procurement and financing through a single platform.

Described by Novotný as a kind of Booking.com for trains, Trainshop.com lets operators assemble trainsets, select operating countries, specify speeds and certification requirements, and configure interiors for their services. Publicly owned operators can also prepare procurement documents through the platform. LMM estimates that a standard trainset could be delivered in around two years.

Financing is a central part of the offer. Operators can choose their down payment and leasing arrangements, including rates based on train-kilometres. The model is backed by an unnamed London-based global investment bank. Novotný said access to finance was often a major obstacle for both private and state-owned operators.

LMM currently offers second-hand Siemens Taurus and Vectron locomotives, alongside a smaller number of Alstom models. It is also negotiating with several major European manufacturers to expand its range.

At InnoTrans 2026, LMM announced an agreement with Hungary‘s manufacturer Magyar Vagon Vasúti Kft to supply 200 modular Neo passenger coaches. Designed for speeds of up to 200 km/h and full Technical Specifications for Interoperability (TSI) certification, the coaches will have configurable interiors. Operators can choose layouts ranging from high-density seating for up to 150 passengers to business-class or sleeper configurations, with different classes also combinable in one vehicle.

Around 40% of the order, or 80 coaches, has already been reserved. Manufacturing is expected to begin once all 200 vehicles have been booked. Magyar Vagon is the first manufacturer to sign an agreement with LMM, although Novotný expects further partnerships.

The company also plans to offer refurbished second-hand coaches under the name Evo. These will share the appearance of the newly built Neo coaches but use refurbished existing frames.

Unlike manufacturer-specific platforms, Trainshop.com is intended to remain independent of individual suppliers and leasing companies, allowing operators to select equipment from different manufacturers. LMM will also advise customers on improving train utilisation and reducing operating costs.

Novotný founded Leo Express in 2010 and remains a minority shareholder and board member. Spain‘s state operator Renfe has held a 50% stake since 2021 and controls the company. He said his experience in train operations, maintenance, financing and asset management had informed the development of LMM.

Although initially focused on Europe, the company is also exploring opportunities in Turkey (Türkiye), where infrastructure investment is driving demand for rolling stock, and in North America, particularly Canada and the United States.

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