RZD to ask for additional funds from the government for 2016
Russian company RZD will ask for additional funds from the government in 2016 to close the budget gap, according to […]
Rolling Stock
Slovakia: Arriva interested in the passenger long-distance rail market
Arriva wants to operate a route between Prague (Czech Republic) and Trenčín (Slovakia), via Olomouc, Uherské Hradiště and the Vlárský […]
Delay in diesel train modernization project in Latvia
The diesel train modernization process may be significantly delayed, furthermore, the situation is complicated by the fact that EUR 13 […]
China and Lithuania sign agreements to create Asia-Europe logistics corridor
China Merchants Group signed agreements with Kaunas Free Economic Zone, Lithuanian Railways and Klaipėda State Seaport. “The three memorandums of […]
Turkey to invest EUR 40 billion in railways until 2023
During a conference organized by TÜV SÜD in Istanbul, the representatives of the railway sector discussed about the new technologies […]
Greenbrier secures 19.5% stake in South American railcar manufacturer
The Greenbrier Companies announced that it has closed on the previously reported acquisition of a 19.5% ownership stake in Amsted-Maxion […]
Sofia opens new metro extension
On May 8, 2015, Sofia inaugurated the new extension of the metro system. The new 3 km line, with 3 […]
CNR and CSR suspended the share trading
CSR and CNR announced that on 7 May 2015 they suspended the H Shares on Hong Kong Stock Exchange. The […]
Talgo replaces Velaro trains on Russian railway
Starting June 1st Moscow – Nizhny Novgorod high-speed rail line will begin using a train produced by Spanish company Talgo […]
North America and Asia lead global freight wagon acquisitions
According to SCI Verkehr GmbH study, “Freight Wagons – Global Market Trends”, the worldwide market for new freight wagons has […]