Costs of Rail Baltica could increase to EUR 5 billion
Baiba Rubesa, CEO, the project’s coordinator RB Rail, said that the costs of Rail Baltica may amount to EUR 5 […]
Financial
Agreement on Rail Baltica signed
The agreement on financing and implementation of the Rail Baltica has been signed by all involved parties except Lithuanian Railways […]
EIB finances Abellio EMUs acquisition from Stadler
The European Investment Bank has agreed to provide GBP 60 million (EUR 68.38 million) for the purchase of new trains […]
Thailand still in negotiations for rail loan with China
The Thai Public Debt Management Office (PDMO) insists on obtaining a rail loan from China with an interest rate capped […]
Angola to use Canadian loan for locomotives acquisition
Canada’s Export Credit agency will finance the purchase by Angola of 100 locomotives from General Electric, according to an authorization […]
Iranian company seeks cooperation with European rolling stock manufacturer
Iran’s private sector has begun negotiations with Siemens for manufacturing train cars in Iran. Iran has the capacity for local […]
Iranian Railways receives fuel incentive
Islamic Republic of Iran Railways (RAI) has received legal incentive aimed at economizing on fuel and the protection of environment. […]
Slovenian Govt to invest EUR 1 billion in transport each year
The government in Ljubljana adopted, on September 29, the national programme for the development of transport until 2030, in which […]
Ferrovie dello Stato presents EUR 94 billion investments plan
Italian Railways (Ferrovie dello Stato) announced the 2016 – 2026 investments plan which amounts to EUR 94 billion and also […]
European Commission invests in synergies between transport and energy infrastructure
The European Commission launched the first call for proposals under the EU funding programme for infrastructure -Connecting Europe Facility to […]