Balfour Beatty announces sale of Parsons Brinckerhoff to WSP Global Inc. for US$1,352.5 million
Balfour Beatty announces the sale of its professional services division, Parsons Brinckerhoff, to WSP Global Inc. for a cash consideration […]
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Network Rail awarded 20 framework agreements with a combined value of EUR 2bn
The frameworks cover an extensive programme of enhancements and renewals to the London North Western and East Midlands routes over […]
Denmark’s transport minister Magnus Heunicke officially launched preliminary construction project to rebuild the 115km Ringsted – Holeby line.
The value of the project is DKr 9.3bn ($US 1.64bn) and will become the main rail link between Scandinavia and […]
Council adopts its position on the 2015 EU budget
The European Council adopted its position on the 2015 EU draft budget, endorsing the political agreement reached by the Permanent […]
China: authorities want to merge CNR and CSR
China’s regulator of state-owned asset is mulling efforts to merge its two largest producers of railroad equipment, several sources told […]
Alstom opens second Citadis tram line in Le Mans
French train manufacturer Alstom opened, on August 28, a second Citadis tram line in Le Mans, France, in a move […]
USD 185 Mn contract awarded for the Northern Mineral rail line
The Saudi Public Investment Fund (PIF) has awarded Al Ayuni Investment and Contracting Group a contract worth nearly USD 185 […]
Chinese banks to invest USD 10.8 billion in Moscow-Kazan railroad
The Chinese funds will cover Russian Railways’ need for private investments for this project Chinese investors are ready to invest […]
Turkmenistan joins TRACECA
It seems that Turkmenistan is going to join the organization on development of the Europe-Caucasus-Asia Transport Corridor (TRACECA). To join […]
Serbia will start to reconstruct railway infrastructure by October
The reconstruction of the road and railway infrastructure damaged in the May floods will be complete by October 1, whereas […]