Financing contracts for Bucharest metro expansion signed
Romania’s Ministry of Transport and Infrastructure and Metrorex have signed two financing contracts for Bucharest metro expansion including two sections […]
Financial
Costs of Rail Baltica soared more than twice
Costs of Rail Baltica have more than doubled from the initial 2017 estimation (EUR 5.8 billion), reaching EUR 15.3 billion, […]
Škoda Group published its financial results for 2023
Growth in sales and production volumes – these are the results achieved by Škoda Group in 2023. The group reported […]
VR Group concludes its acquisition of MTRX
Finnish company VR Group completes the acquisition of the long-distrance train operation of Swedish company MTRX. The passenger traffic between […]
USD 3.4 billion for rail project in San Francisco
The Transbay Joint Powers Authority (TJPA), in San Francisco, California, along with the speaker of the United States House of […]
California High-Speed Rail Authority seeks more federal funding
The California High-Speed Rail Authority (CHSRA) has applied for new federal funding to advance construction and expedite important safety improvements […]
RFI selects bidder for Olbia Costa Smeralda Airport rail link
Rete Ferroviaria Italiana (RFI) has selected a consortium led by Manelli Impresa as the preferred bidder for the construction of […]
Deutsche Bahn completes Arriva sale
Deutsche Bahn AG (DB) completes sale of Arriva Group to I Squared Capital. This transaction, which began with a purchase […]
RCG acquires Captrain Netherlands
The ÖBB Rail Cargo Group (RCG) has purchased the Dutch Railway Undertaking (RU) Captrain Netherlands as part of its internationalisation […]
Hitachi Rail completes Thales acquisition
Hitachi Rail has completed Thales acquisition at a EUR 1.66 billion transaction, expanding its global presence to 51 countries with […]