Estonia’s contribution to Rail Baltica approved
The Estonian government supported making a down payment of EUR 1.7 million to the Estonian enterprise OU Rail Baltic of […]
Financial
Federal approval for Denver’s G Line tests
The Denver Regional Transportation District (RTD) has been granted conditional approval from the Federal Railroad Administration (FRA) to conclude testing […]
Bulgaria provides additional funds for railway projects
The Bulgarian government has approved additional funding totaling BGN 35 million (EUR 17.9 million) for the state-owned National Railway Infrastructure […]
Albanian Railways to rehabilitate Tirana-Durres rail line
Albanian railway company Hekurudha Shqiptare (HSH) intends to use the proceeds of a loan from the European Bank for Reconstruction […]
Britain unveils EUR 53 billion rail budget for 2019-2023
On 12 October 2017, Britain’s Transport Secretary Chris Grayling announced that £48 billion (EUR 53.5 billion) will be invested from […]
Slovenia to receive financing for multiple units acquisition
Slovenia’s rail passenger operator, Slovenske železnice-Potniški promet, may receive a EUR 90 million financing from the European Investment Bank for […]
Vnesheconombank and China Development Bank to finance railcar leasing
Vnesheconombank’s Supervisory Board approved a draft plan for financing VEB-Leasing’s railcar leasing portfolio for cargo shipping between Russia and China. […]
China EximBank supports CRCC’s improvement plan
The Export-Import Bank of China (China EximBank) has signed a 200-billion-yuan (USD 30 billion) agreement with China Railway Construction Corporation […]
EIB supports Bangalore Metro project
The European Investment Bank (EIB) will provide EUR 500 million to support the construction of a new 18 station Rapid […]
EC approves financing for Bucharest metro extension
The European Commission approved the allocation of EUR 251.8 million from the Cohesion Fund for the extension of Bucharest Metro […]