EUR 6.5 billion projects for Bucharest metro
Metrorex, the Bucharest metro operator, intends to invest EUR 6.5 billion to modernise and develop the metro system. The company […]
Financial
FS Italiane records profit increase
FS Italiane recorded a 4.3% increase of its net profit, reaching EUR 362 million in the first half of 2019. […]
SNCF wants 50% of revenues from international operations
The SNCF Group intends to obtain 50% of their revenues from international operations by next year, declared Guillaume Foeillet, Director […]
Federal funding for Tempe tram project
USD 75 million funding from the U.S. Federal Transit Administration are providing to Valley Metro for the tramway project in […]
USD 396 million for rail projects in the U.S.
The U.S. Federal Railroad Administration (FRA) will provide USD 396 million funding for rail capital projects to improve country’s railway […]
Cohesion funding for Polish railway projects
Poland received from the European Commission, under the Cohesion Policy, EUR 880 million for two railway projects which are expected […]
EIB funding for Vinkovci – Vukovar rail modernisation
The European Investment Bank awarded Croatia a EUR 10 million funding for the modernisation of Vinkovci – Vukovar railway line. […]
Russia and Cuba sign EUR 1.9 billion contract
RZD International and the Union of Railways of Cuba have signed a EUR 1.9 billion contract for the reconstruction and […]
Western Balkans region needs EUR 20 billion for transport infrastructure
Bulgarian Minister of Transport, Rossen Jeliazkov, has recently announced that Western Balkans region needs EUR 20.6 billion to modernise the […]
Halkalı- Kapıkule railway project launched
Turkish Minister of Transport, Cahit Turhan, and the EU Commissioner for Transport, Violeta Bulc, officially launched in Edirne the modernisation […]