BOSNIA and Herzegovina Federal Railways (ŽFBiH), one of two companies operating train services in the Balkan country, has posted its strongest financial results for 25 years.
RAILWAY Infrastructure Serbia (IZS) will invest Dinars 1.9bn ($US 20m) in line upgrades in 2018 in order to reduce the total sections where speed restrictions are in place to less than 50km.
THE European Union (EU) has confirmed a further €38.5m in co-financing for the three-stage modernisation of Kosovo’s railway infrastructure.
SLOVENIAN Railways (SŽ) has closed the bidding process for the sale of a 49% stake in its rail freight unit Tovorni Promet.
