Keolis to take full control of its Australian operations
Keolis has signed an agreement to acquire full ownership of its Australian joint venture with Downer, in a strategic move […]
Financial
Global rolling stock market sees 11% growth
The global rolling stock market reached a peak in 2024 with total revenues of all active manufacturers rising to approximately […]
EU grants EUR 19.3 million for new digital signalling in Funen
Denmark’s Banedanmark has secured EUR 19.3 million (approximately DKK 145 million) from the European Union to support the rollout of […]
Wabtec to acquire Frauscher Sensor Technology in EUR 675m deal
Wabtec Corporation has announced a definitive agreement to acquire Frauscher Sensor Technology Group GmbH, a global leader in train detection, […]
Rail wins again with largest share of CEF funding
European rail projects secured 77% of the EUR 2.8 billion in EU grants under the Connecting Europe Facility (CEF), amounting […]
Rail Baltica secures EUR 295.5 million in EU funding
RB Rail AS, the joint venture coordinating the Rail Baltica project, has announced that the European Commission has awarded EUR […]
Freightliner secures new five-year deal with Breedon
Freightliner has announced two significant five-year rail freight agreements with Breedon Group plc, extending its long-term partnership with one of […]
Retrack Slovakia files for insolvency
Retrack Slovakia s.r.o., a rail logistics company fully owned by VTG AG since 2021, has filed for insolvency, VTG confirmed […]
Italy’s rail infrastructure to receive EUR 2.1 billion investment boost
Italy’s rail infrastructure is set to receive a EUR 2.1 billion investment boost. The Italian Ministry of Infrastructure and Transport […]
EUR 107 billion for Germany’s rail infrastructure
EUR 107 billion will be allocated for the maintenance of Germany’s railway infrastructure, marking an end to the backlog in […]