US delivers significant funding for intercity services
The U.S. Department of Transportation (USDOT) announced a USD 2.3 billion funding to expand and modernise inter-city rail passenger transport […]
Financial
EIB to assess a EUR 2 billion funding for Palermo-Catania project
The European Investment Bank (EIB) is proposing a EUR 2.1 billion financing for Palermo-Catania line project with an approximate amount […]
Gdansk rail access improvement project completed
PKP Polskie Linie Kolejowe has completed the Gdansk rail access improvement project worth PLN 1.1 billion (EUR 233.6 million) which […]
PLK signs six contracts for Kolej Plus projects in Silesia
PKP Polskie Linie Kolejowe signed six contracts totalling PLN 1.5 billion (EUR 317.75 million) under the Kolej Plus in Silesia […]
EBRD supports Kyrgyz Railways’ sustainability
The European Bank for Reconstruction and Development (EBRD) will provide a EUR 11 million financial package to support the sustainability […]
AfDB loan for Uganda’s essential line modernisation project
The African Development Bank Group (AfDB) has provided USD 301 million to Uganda Railways Corporation to overhaul Kampala – Malaba […]
Norfolk Southern acquires Cincinnati Southern Railway
Norfolk Southern Railway Company signed a USD 1.62 billion agreement to acquire all of the assets of Cincinnati Southern Railway […]
Wabtec acquires Brazilian Super Metal company
Wabtec entered into a definitive agreement to acquire Super Metal, a supplier of automated vehicles and equipment solutions that support […]
EIB and ONCF sign financing contract for rail projects
Moroccan national railway company Office National des Chemins de Fer (ONCF) and the European Investment Bank (EIB) have signed a […]
UK grants for innovative rail projects
Britain’s Department for Transport (DfT) has approved a GBP 5 million (EUR 5.7 million) grant to 24 innovators and inventers […]