EUR 80 million for the modernisation of Katowice – Krakow new section
Polish Railways allocated PLN 352 million (EUR 80 million) for the modernisation of Krzeszowice – Krakow Mydlniki rail section, as […]
February 2016
Qube Consortium submits binding proposal to acquire Asciano
The Qube Holdings-led consortium, formed by Global Infrastructure Management, Canada Pension Plan Investment Board and CIC Capital Corp announced it […]
Metro, the favourite public transport mean in Istanbul
According to Istanbul’s transport company Istanbul Ulasim, in 2015, more than half a billion passengers took public rail transit, including […]
Knorr-Bremse acquires TMD Friction rail business
The Knorr-Bremse Group has acquired the rail transport activities of brake pad specialist TMD Friction. “Through the acquisition of the […]
Deutsche AM purchases 50% equity stake in Akiem
Ermewa Group announces that Deutsche Asset Management (Deutsche AM) has taken a 50% equity stake in its subsidiary, Akiem. The […]
Minister insists for new rail link to Burgas Airport
Bulgarian Minister of Transport Ivailo Moskovski emphasized the importance of building a new rail link to Burgas Airport. “Together with […]
Talgo could enter the Indian railway market
Spanish company Talgo may soon undertake trial runs at speeds between 160 and 200 kmph on the existing tracks on […]
Azerbaijan: rail tariffs not to be regulated by state
Tariffs for cargo and passenger traffic by rail will not be regulated by the state on the territory of Azerbaijan. […]
Indian Railways to introduce warning system for unmanned railway crossings
The Indian Railways are considering the possibility of introducing a warning system for unmanned level crossings, which account for 40% […]
Japan: Nishitetsu to introduce modern trains
The Nishi-Nippon Railroad Co. (Nishitetsu) will introduce new 9000 series commuter trains with modern amenities, manufactured by Kawasaki Heavy Industries […]