Denmark to launch ERTMS on eastern line
Banedanmark, the Danish railway infrastructure manager, announced that on December 15, will launch ERTMS between Roskilde and Køge, in the […]
Financial
Chinese company to acquire British Steel
Jingye, a Chinese steelmaker, and British Steel agreed to acquire the business and assets of the UK company, which is […]
USD 3.25 billion bond for Virgin Trains’ HSR project in California
The California Infrastructure and Economic Development Bank (IBank) has approved the largest bond ever requested to issue tax-exempt fixed rate […]
Strong orders for Siemens Mobility
During the Q4 FY 2019, Siemens Mobility orders increased by 16%, reaching EUR 12.9 billion, with a 1% increase in […]
EIB provides funding for tram expansion in Graz
The Mayor of Graz, Siegfried Nagl, and EU Vice-President, Andrew McDowell, signed an agreement for the provision of EUR 100 […]
A USD 7 billion strategy for Connecticut transit system
Connecticut Governor, Ned Lamont, has unveiled its USD 21 billion transport strategy for 2030, which will see a USD 7 […]
DB approves EUR 1 billion for train procurement
The Supervisory Board of Deutsche Bahn AG earmarked EUR 1 billion for investments in additional trains, with DB Long Distance […]
Federal funding for rail capital projects in the U.S.
The U.S. Federal Railroad Administration will provide a USD 396 million federal funding for rail capital projects across the country. […]
EC approved ERTMS support for freight locomotives in the Netherlands
The European Commission has approved a EUR 22.2 million of public support to upgrade traffic management equipment on freight locomotives […]
Chinese company interested in British Steel acquisition
British Steel has announced that the Official Receiver is in talks with a Chinese bidder interested in purchasing the whole […]