Indra receives contract from Delhi Metro for integrated ticketing
Indra will deploy portable terminals to validate payments in the parking lots and feeder buses of Delhi Metro, which will […]
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Metafrax purchases tank cars from UWC
Metafrax, a Russian manufacturer and exporter of methanol, and United Wagon Company have entered into the purchase agreement for 134 […]
India’s freight corridors will be completed in 2019
Union Minister of State for Railways, Manoj Sinha said that India’s both the eastern and western freight corridors will be […]
Malaysia awards USD 4 billion underground works contract
Malaysia’s Mass Rapid Transit Corporation (MRT Corp) awarded MMC Gamuda KVMRT (MGKT) a USD 3.97 billion contract for the construction […]
China keeps its rail investment target
China’s Vice Premier Ma Kai announced that his country will continue a “relatively large” scale of railway investment in the […]
UniWagon to hold secondary public offering
Russian freight car manufacturer United Wagon Company (UniWagon) might go for a secondary public offering, according to TASS. The decision […]
Iran seeks foreign investors to build Tabriz – Kars railway
Iran plans to attract foreign investment for Tabriz – Bazargan – Kars rail project, Tohid Akhlaghi, head of East Azerbaijan […]
NEVZ delivers to Magnitogorsk a new industrial locomotive
Novocherkassk Electric Locomotive Building Plant, NEVZ, a Transmashholding subsidiary, has delivered to the Russia’s largest Magnitogorsk Iron & Steel Works […]
VEB to grant USD 400 million loan to Transmashholding
Russia’s Vnesheconombank (VEB) might grant RUB 27.5 billion (USD 400 million) to Transmashholding, Russian Prime Minister Dmitry Medvedev who chairs […]
China: railway giants’ overseas contracts increase
In 2015, China Railway Group’s (CRG) overseas deals exceeded USD 10 billion and China Railway Construction Corporation’s (CRCC) overseas contracts […]