Debt renegotiation for Milan Metro 5 signed
FS Italiane announced that Metro 5 closed the renegotiation of nearly EUR 500 million long term debt, reaching above 40% […]
Financial
Alstom records increase in order intake and sales
Between 1 April 2018 and 31 March 2019, Alstom booked EUR 12.1 billion of orders, representing a 69% increase compared […]
Increased revenues for Russian Railways
In 2018, Russian Railways Group’s total revenues increased by 7.2% compared to the previous year and amounted to RUB 2,413 […]
EPC contract singed on Erdenet – Ovoot rail
Northern Railways LLC, Aspire’s 80% owned subsidiary, signed a conditional engineering, procurement and construction contract with the JV formed by […]
Increased costs for the first phase of California HSR
According to California High Speed Rail Authority’s latest report, the project’s cost has increased by almost USD 2 billion, to […]
Krakow launches tender for 60 low-floor trams
MPK Krakow has announced the tender for the procurement of up 60 new low-floor trams, for which the interested companies […]
USD 500 million for Uruguay’s Central Railway line
IDB Invest, part of Inter-American Development Bank (IDB) Group, has approved a USD 500 million funding for the modernisation of […]
Belarus to receive Chinese financing for electrification works
Belarusian Railway and China’s Export-Import bank signed a USD 65.7 million loan agreement which will finance the electrification of two […]
Canada funds 136 rail safety projects
The Canadian government will fund 136 projects under the Infrastructure, Technology and Research programme, which is part of the Rail […]
CRRC opens financial leasing business
CRRC has opened a financial leasing subsidiary, CRRC Financial Leasing (CRRCFL), as part of its overseas expansion business plan. The […]