Romania: 2018 budget significantly cuts on transport investments
The Romanian Ministry of Transport’s budget for 2018 amounts to RON 9.13 billion (EUR 1.96 billion), 33% less compared to […]
Financial
Angel Trains secures funding for Aventra trains
UK train leasing company Angel Trains Group has secured £835 million (EUR 947.5 million) of new funding to refinance the […]
Bosnia’s RS Railways receives WB loan
The World Bank has approved a EUR 51.3 million loan for Republika Srpska (RS) Railways restructuring project to improve the […]
EC approves state aid to increase rail freight transport share in Bolzano region
The European Commission has approved under EU State aid rules an Italian scheme to support the shift of freight traffic […]
EU funds for Divaca-Koper project
The European Commission announced that it will invest EUR 109.03 million in the construction of the second track of the […]
EU pledges support for Turkey-Bulgaria railway line
The European Union is “fully supportive” of the completion of the Halkalı-Kapıkule railway line between Turkey and Bulgaria. The announcement […]
EUR 720 million for European rail network
The European Commission proposed a EUR 1 billion investment for 39 transport projects which will unlock a total of EUR […]
Over EUR 800 million under CEF for Poland’s railways
The Innovation and Networks Executive Agency, INEA, and Poland’s Secretary of State at the Ministry of Economic Development, Jerzy Kwieciński, […]
UK: the Government provides financing for Tyne and Wear Metro new trains
UK Treasury Minister Andrew Jones announced that the government will allot £337 million (EUR 380 million) to Tyne and Wear […]
TransContainer to be sold at open auction
The Russian government has offered to sell 50% plus two shares that RZD owns in container railway operator TransContainer through […]