Indonesia: railway projects to be financed only by the state funds
For construction of railway projects, Indonesia will only use state funds because of a lack of private-investor interest in financing […]
Rolling Stock
RZD to invest USD 1 billion in purchase of new locomotives
Russian Railways to receive 60.2 billion rubles (US$1 billion) from the National Welfare Fund (NWF), Russia’s leading sovereign wealth fund, […]
Russia and China to sign the agreement to work on the Silk Road Economic Belt
China’s foreign minister, Wang Yi, said that China and Russia will sign the agreement. ”Practical cooperation between China and Russia […]
Alternative Rail Baltica route to be offered to Marupe residents
An alternative route of the Rail Baltica railroad will be proposed for Marupe Region, which will bypass the region’s village […]
U.S. public transport registered the highest transit ridership in 58 years
Americans took 10.8 billion trips on public transportation in 2014, which is the highest annual public transit ridership number in […]
Russia: three training centers to be opened at Central Directorate for Infrastructure
Central Directorate for Infrastructure (CDI), a branch of Russian Railways will open in 2015 three more training centers o provide […]
Cargo Wagon founded for the acquisition of ZSSK CARGO’s fleet
VTG Aktiengesellschaft, ZSSK CARGO and another investor are participating in the launch of Cargo Wagon a.s., a company founded in […]
Bosnia to allocate funds for railways
The Bosnian government announced it would provide 5.5 million marka (2.8 million euros) in subsidies for state-owned railway operator Zeljeznice […]
CRC could acquire a stake in Newag
China Railway Corporation (CRC) is interested in bidding for acquiring a stake in Polish train and tram producer Newag, in […]