TMH completes South African rolling stock facility acquisition
Transmashholding has closed the sale deal with DCD Group Pty Ltd allowing TMH Africa the full acquisition rights of a […]
2018
Nurminen Logistics sold its Russian subsidiary
Transless, one of the largest rolling stock operators in Russian forest industry, has purchased the entire share capital of Nurminen […]
Turkey launches new metro project estimated at USD 800 million
Kocaeli Metropolitan Municipality launched works to the metro project estimated at TRY 5 billion (USD 885 million). The new line […]
Bucharest approves the procurement of 56 new trams
Bucharest General Council (CGMB) debated and approved four draft decisions regarding the approval of a total contribution of around RON […]
CFR SA reports year-end loss while claims to recover amount to EUR 328 million
Romanian railway infrastructure manager, CFR SA, estimates a loss of RON 98,2 million (EUR 21 million) with total revenues of […]
Ukraine to expand its rail freight connection to the EU
Ukraine’s railway connection will be expanded with EU countries, Ukrainian Minister of Infrastructure, Volodymyr Omelyan announced, during the conference on […]
EU transport and environment ministers call on sustainable mobility
On 30 October, Austrian Presidency of the Council of the EU presented the “Graz Declaration” to the environment and transport […]
20 rail projects submitted under the 2018 CEF Transport call
20 rail projects with a total requested funding of EUR 180 million were sent to INEA under the 2018 CEF […]
EC adopts Rail Baltica Decision
On October 26, the Commissioner for Transport, Violeta Bulc, signed the adopted Decision on Implementing Rail Baltica cross-border project on […]
Hitachi increases stake in Ansaldo STS
Hitachi and its wholly owned subsidiary, Hitachi Rail Italy Investments, signed an agreement to acquire the 31.79% stake Ansaldo STS, […]