Balfour Beatty announces sale of Parsons Brinckerhoff to WSP Global Inc. for US$1,352.5 million
Balfour Beatty announces the sale of its professional services division, Parsons Brinckerhoff, to WSP Global Inc. for a cash consideration […]
Europe Leads
Network Rail awarded 20 framework agreements with a combined value of EUR 2bn
The frameworks cover an extensive programme of enhancements and renewals to the London North Western and East Midlands routes over […]
Denmark’s transport minister Magnus Heunicke officially launched preliminary construction project to rebuild the 115km Ringsted – Holeby line.
The value of the project is DKr 9.3bn ($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 […]
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 […]
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 […]
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 […]
BDZ owes over EUR 300 mln to creditors
“Bulgarian State Railways (BDZ) owes BGN 600 million (EUR 306 mln) to creditors and shareholders,” Bulgarian interim Minister of Transport, […]
EC awarded €1 billion funding to 19 projects to fight climate change
The funding for the projects comes from revenues resulting from the sale of emission allowances in the EU Emissions Trading […]
Shortlist announced for the Moscow Metro station competition
Competitions results for the first stage of the Moscow Metro Station for Solntsevo and Novoperedelkino have been announced. This is […]