Budapest orders additional CAF LRVs
Budapest transport company BKK ordered from CAF 31 additional Urbos trams, 26 of them consisting of 5 modules and another […]
Financial
EUR 3.4 billion for Palermo-Catania line upgrade
The European Commission announced a EUR 3.4 billion allocation for the modernisation of 178 km section between Fiumetorto and Bicocca […]
USD 1 billion investment for rail safety in the US
President Biden’s budget released in March includes more than USD 1 billion investment to support rail safety projects delivering an […]
Eurasia Rail Has Been Rescheduled!
Press Release, March 6, 2023 Eurasia Rail Has Been Rescheduled! The rescheduled dates have been announced for the International […]
Ukrzaliznytsya obtains additional EBRD loan
The European Bank for Reconstruction and Development (EBRD) announced a sovereign guaranteed loan of up to EUR 200 million, consisting […]
Serbia obtains EU grant for Corridor X
The European Commission will provide a EUR 600 million grant to support the modernisation Belgrade-Niš railway line, part of a […]
German state aid approved to support operators using electric traction
The European Commission has approved, under EU State aid rules, a EUR 1.1 billion German scheme to compensate rail transport […]
France announces EUR 100 billion investment in rail
The prime minister of France, Elisabeth Borne, has unveiled a “new rail deal” under which EUR 100 billion will be […]
JICA provides funding for Philippines NSCR
Philippines Government and the Japan International Cooperation Agency (JICA) signed loan agreements totalling JPY 377 billion (USD 2.8 billion) which […]
Kosovo obtains EIB loan for rail modernisation
The European Investment Bank (EIB), through its EIB Global branch, has provided EUR 38 million for the modernisation of Kosovo Rail […]