Railway PRO Forum: Romanian railway infrastructure faces lack of investment
“During the last 26 year, Romanian railway infrastructure is at an ongoing degradation that has a major impact on transport […]
Financial
Wabtec finalizes acquisition of remaining public shares of Faiveley Transport
Wabtec Corporation has completed the acquisition of the remaining public shares of Faiveley Transport by implementing a mandatory squeeze-out procedure […]
India: proposal voted for creating Rail Development Authority
The Indian Cabinet cleared the long-pending proposal to set up a Rail Development Authority. The body will be entrusted with […]
RZD refinances borrowing programme with new USD loan
At the end of March 2017, RZD raised USD 420 million under an agreement for a 5-year unsecured syndicated loan. […]
Brazilian railway projects attract international interest
Brazil’s planned tender of the rights to expand and operate the North-South railway between Tocantins and Sao Paulo states has […]
Rail Baltica costs rise
According to the latest estimates, the cost of the international railway project Rail Baltica, including the construction of the Kaunas-Vilnius […]
Nigeria to get USD 6.1 billion for important rail projects
The federal government of Nigeria has concluded plans to borrow USD 6.1 billion from the Chinese Export-Import (Exim) Bank in […]
UK: Network Rail to receive EUR 3.6 million euros from train operators
According to data released by the UK Office of Rail & Road (ORR), ten train operators will make a combined […]
The New Development Bank signs agreements to support infrastructure projects
In April, the New Development Bank (NDB) signed three MoUs with international financial institutions (IFIs) to boost cooperation and to […]
JICA extends Chennai metro loan
Japan International Cooperation Agency (JICA) has extended the ODA loan of EUR 278 million to the Chennai Metro Rail Ltd. […]