BNSF ordered to pay USD 400 million to native tribe
BNSF Railway must pay nearly USD 400 million to a Native American tribe in Washington state, a federal judge ordered […]
Financial
EUR 527 million for Czech rail infrastructure projects
The European Investment Bank and Czech Ministry of Finance signed a CZK 13 billion (EUR 527 million) loan agreement for […]
Loan agreement signed for Bar–Vrbnica rail upgrade
The European Investment Bank (EIB) and the Government of Montenegro signed a EUR 76.5 million financial agreement for the reconstruction […]
Ukrzaliznytsia secures funding for new electric locomotives
Ukrzaliznytsia freight locomotive fleet will be renewed with a EUR 300 million funding from the European Bank for Reconstruction and […]
Virgin Group aims to return back to the railways
Virgin Group has started the process towards bringing Virgin Trains back to the railways, applying to the Office of Rail […]
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 […]
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 […]