RZD spends USD 450 million for suburban fleet renewal
By the end of this year, RZD planned a RUB 28.7 billion (USD 450 million) investment for a suburban fleet […]
Financial
France introduces plane ticket eco-tax to finance rail transport
Paris Government announced the introduction of a plane ticket eco-tax between 1.5 and 18 euros to finance railway transport. As […]
EUR 725 million for railway projects in Upper Austria
ÖBB and Upper Austria (Land Oberösterreich) agreed on a EUR 725 million investment programme for the electrification and modernisation of […]
Corruption made in Austria. “The Red File”: possible sanctions of tens of millions of euros after searches at Porr and Strabag
Austrian prosecutors’ suspicions of corruptions have recently led to searches at Porr, Strabag and other companies. Now, the head of […]
China’s HSR development, a lesson for other countries, WB says
According to a study released by World Bank, China’s long term planning and standardization of design are among the country’s […]
India unveils a USD 9.6 billion budget for railways
Under the Union Budget 2019-2020, Indian Railways received an allocation of Rs. 65,837 crore (USD 9.62 billion), representing an increase […]
EIB funding for Plzeň tram procurement
The public transport company in Plzeň, PMDP, received a EUR 50 million EIB loan for the procurement of new trams […]
Szczecin to benefit EIB loan for tram modernisation
The European Investment Bank has under appraisal a EUR 28 million funding for tram system modernisation in Szczecin. The total […]
Contract signed for Rijeka Port infrastructure modernisation
HŽ Infrastruktura and Slovenian company SZ-ZGP signed a contract for the rail improvement works at Rijeka port, as part of […]
Federal funding for Montréal Blue line extension
Canadian Prime Minister, Justin Trudeau, announced a CAD 1.3 billion (USD 991.3 million) federal funding for Montréal Metro’s Blue line […]