Funding provided for Gold Coast LRT extension
Queensland government has announced a AUD 351 million (USD 238.3 million) commitment for Gold Coast Light Rail stage 3A. Under […]
Financial
Revenue and profit increased at Rolls-Royce Power Systems business unit
Rolls-Royce Power Systems business recorded a 6% increase in its adjusted revenue reaching EUR 1.78 billion, while adjusted operating profit […]
Portugal starts Beira Alta modernisation
On 26 July, Infraestruturas de Portugal assigned the modernisation works for Guarda-Cerdeira section, part of Beira Alta mainline, which connects […]
Increased orders at Siemens Mobility
Siemens Mobility reported increased orders in Q3 FY 2019 reaching almost EUR 3 billion, representing a 18% increase compared to […]
EIB funds for Renfe train procurement
Renfe Operadora received a EUR 100 million loan from the European Investment Bank for the procurement of 31 trainsets totaling […]
MÁV to receive funds for EMU acquisition
The European Investment Bank is under evaluation process to provide a EUR 22 million loan for train acquisition project in […]
Cervello secures funding for rail cyber security solutions
Cervello, an Israel-based company focused on securing railways against cyber-attacks, has successfully completed a USD 4.5 million funding which will […]
Italy approves EUR 28 billion for transport infrastructure
Italy’s Interministerial Committee for Economic Planning (CIPE) approved a EUR 28 billion infrastructure funding for FS Italiane on July 24. […]
FlixMobility obtains funding for its expansion
FlixMobility GmbH, the parent company of FlixBus and FlixTrain, completed its Series F funding round co-led by TCV and Permira, […]
EIB approves funding for rail modernisation in Moldova
The European Investment Bank has approved a EUR 30 million loan for the modernisation of 233 km of a single […]