UK: EUR 8.3 million rail innovation competition open for bids
A government-sponsored competition to encourage innovation in the rail industry opened on 17 March 2015. Rail Minister Claire Perry launched […]
Financial
Kazakhstan Railways to join ‘People’s IPO’ in 2016
Kazakhstan-based company, Samruk-Energo, plans to join the People’s Initial Public Offerings (People’s IPO) program before late 2015, according to the […]
EIB provides funds for electrification of the Latvian railway and Riga’s tram infrastructure
The European Investment Bank (EIB) and the Latvian Ministry of Finance have agreed to establish a new EUR 200m loan […]
Bulgaria: EUR 1.39 billion Innovation and Competiveness Programme
The European Commission has adopted the 2014-2020 Operational Programme for “Innovation and Competiveness” in Bulgaria, worth around EUR 1.39 billion […]
EUR 2.2 billion-benefits of rail freight to Great Britain economy
Rail freight now contributes an estimated £1.6 billion (EUR 2.2 billion) worth of benefits to Britain’s economy every year, a […]
China to reveal detailed “Belt and Road” roadmap
China will release the implementation plan for the Belt and Road initiatives when the 2015 Boao Forum for Asia opens […]
CN to buy back shares through a private agreement
CN announced that it intends to purchase for cancellation up to 1.1 million of its common shares pursuant to a […]
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 […]