EBRD funding for Albania’s rail connection with Montenegro
The European Bank for Reconstruction and Development (EBRD) awarded Albania’s state-owned railway company, Hekurudha Shqiptare, a EUR 98.75 million sovereign […]
Financial
FTA approves USD 631 million for railcar acquisition
The U.S. Department of Transportation’s Federal Transit Administration (FTA) announced USD 631 million in grants for transit agencies’ railcar procurement […]
Union Pacific to invest USD 3.4 billion in 2024
Union Pacific investment plan worth USD 3.4 billion this year to support safe operations, renew assets and grow with customers. […]
Croatia secures funding for rail infrastructure and rolling stock
The European Investment Bank (EIB) and the Ministry of Finance signed a EUR 400 million contract to support major upgrade […]
Renfe renew its fleet with EIB loans
The European Investment Bank (EIB) has approved two loans totalling EUR 225 million for Renfe rolling stock renewal worth EUR […]
Siemens Mobility is setting up a leasing company. Leasing trains as easy as renting a car
Siemens Mobility is setting up a leasing company that promises a flexible rental model for regional trains, called Smart Train […]
Alstom raises wages in Mexico
Alstom raises wages in Mexico after talks with unions there. Workers’ rights have been prioritised without affecting the company’s economic […]
Number of ticketless passengers on SBB increased between 2019-2023
The number of ticketless passengers on SBB, the Swiss rail company, has been rising steadily since 2019, doubling over the […]
Oleg Tofilat resigned from the leadership of CFM due to salary arrears
Oleg Tofilat resigned on Monday as director-general of the Moldovan State Railway Enterprise (Calea Ferată din Moldova – CFM) amid […]
Design contract signed for Niepołomice – Kraków new line
PKP Polskie Linie Kolejowe signed a contract for the design of Niepołomice – Kraków railway line that will provide inhabitants […]