Montecargo records profit in H1
Montenegrin state-owned rail cargo operator Montecargo went to a net profit of 352,739 euros in the first half of 2017 […]
Financial
ADB increased loan for International North-South Transportation Corridor
The Asian Development Bank (ADB) increased the loan amount from $200 million to $400 million for the International North-South Transportation […]
BDZ pays back debt to state budget
Holding BDZ EAD extinguished its liabilities to the state budget, amounting to BGN 42 million (EUR 21.4 million). The repayment […]
Transnet to recapitalise Zimbabwe Railways
South African logistics group Transnet has won a bid to recapitalise the government-owned National Railways of Zimbabwe (NRZ) with USD […]
South Caucasus Railways invests USD 5.4 million in Armenia
South Caucasus Railways, Russian Railways’ subsidiary which manages and operates Armenia’s rail network, announced plans to increase its investment in […]
US: rail infrastructure projects selected under Fastlane grants
US Department of Transportation has provided a list of 10 proposed FY 2017 Fastlane Small Project grant awards totaling USD […]
Funds transfer approved for BDZ
More than BGN 60 million (EUR 30.6 million) will be transferred from the Ministry of Finance to BDZ following the […]
SNCF announces profit for the first half of 2017
SNCF Group announced a net profit of EUR 119 million for the first six months of 2017, generated by a […]
Vietnam seeks private funds for Đà Lạt–Trại Mát railway line
The Vietnamese Ministry of Transport has asked the central Government’s approval for seeking private investments for restoration of infrastructure for […]
EU Commission sanctions funds for Rail Baltica
The European Commission made an official decision in the third round of applications to allocate 110.5 million euros to the […]