Russia: loan for improving freight rolling stock
Russia’s Alfa-Bank will provide 70 billion rubles (945 million euros) for the consolidation of the country’s freight rail car fleet, […]
Financial
Azerbaijani bank to loan funds for Iran rail project
The International Bank of Azerbaijan signed a deal with Iran on the allocation of a $500-million loan for the construction […]
Lietuvos Gelezinkeliai ends Q1 with losses
Lithuanian railway company Lietuvos Gelezinkeliai posted a net loss of 2.783 million euros in the first quarter of this year, […]
EU grants EUR 55 million to the extension of Bucharest metro Line 4
On 8 June 2016, the European Commissioner for Regional Policy, Corina Cretu, signed the decision on the amendment of Bucharest […]
US communities seek for USD 9.3 billion in transport funding
US Department of Transport has received 585 applications under the Transportation Investment Generating Economic Recovery (TIGER) grant program. The total […]
Russian Railways considers new funding sources for infrastructure projects
“Russian Railways’ near-term plans provide for the implementation of capital-intensive projects such as the development of railway approaches to the […]
Ukrzaliznytsia is able to save up to EUR 250 million
The appointment of new leadership of Ukrzaliznytsia will allow to improve the quality of transport services, will contribute to its […]
Eu co-financing for Riga port and Riga City TEN-T integration projects
Latvia’s Central Finance and Contracting Agency (CFCA) has sent an invitation to Riga Municipality to prepare and submit to the […]
Lietuvos Gelezinkeliai to pay lower dividends to state
Lithuanian railway company Lietuvos Gelezinkeliai (LG) will pay EUR 845,700 in dividend to the state, which accounts for 20% of […]
United Wagon Company completes SPO
Railcar manufacturer United Wagon Company (UWC) announced the results of the secondary public offering (SPO) of its ordinary shares on […]