Midland Metro extension receives government financing
UK Department for Transport announced that EUR 64.89 million will be allotted to the tram extension linking Birmingham city centre […]
Financial
EU funds for Križevci-Dugo Selo section improvement
The European Commission has announced that EUR 145 million from the Cohesion Fund is being invested in improving rail transport […]
Azerbaijan invests USD 631 million in construction of Georgian BTK section
State Oil Fund of Azerbaijan (SOFAZ) allocated USD 631.79 million to finance the construction of Baku-Tbilisi-Kars railway (BTK). Based on […]
NS to receive a EUR 500 million EIB financing
The Dutch rail passenger operator NS Groep N.V. may receive a European Investment Bank financing for the acquisition of new […]
EU invested over EUR 200 mil. in Sighisoara-Coslariu rail line
The European Commission has announced that over 201 million euros has been invested in modernising the rail link between the […]
Iran to receive loan from Russian bank for railway electrification project
A Russian bank has agreed to finance the project of electrifying the northern division of Iran railroad by granting a […]
Montenegro: ZICG reigns in losses in H1
Montenegro’s railway infrastructure operator Zeljeznicka Infrastruktura Crne Gore (ZICG) announced that its net loss narrowed to 632,074 euros in the […]
Trans-Siberian and Baikal-Amur rail lines receive USD 1.7 billion financing
Russian President, Vladimir Putin, has asked the Moscow government to allocate RUB 100 billion (USD 1.7 billion) to modernise the […]
Siemens to support projects of EUR 3 billion in Iran
German industrial group Siemens is ready to support infrastructure projects worth EUR 3 billion in Iran. According to the official […]
Montecargo records profit in H1
Montenegrin state-owned rail cargo operator Montecargo went to a net profit of 352,739 euros in the first half of 2017 […]