PAKISTAN Railways (PR) has announced that it will double over 5582km of track in 11 different sections across the country, with a build, operate and transfer (BOT) model likely to be adopted.
THE European Commission (EC) announced that rail projects in Greece will receive funding from the European Union (EU) cohesion funds, as part of a €1.3bn investment which will allow major projects that started in the 2007-2013 financial period to be completed in the current 2014-2020 period.
BRITISH Steel has opened a new long length rail logistics centre in Lecco, Italy, in order to meet growing demand in Italy.
SIEMENS has delivered the first two of 10 new Vectron multi-system locomotives to Alpha Trains which are being leased to TX Logistik, Germany, to transport freight between Germany, Austria and Italy.
THE European Investment Bank (EIB) has granted Belgian National Railways (SNCB) a €600m loan to invest in modernising its rolling stock fleet.
NETINERA subsidiary Vlexx, Mainz, has awarded a contract to Bombardier to supply 21 three-car Talent 3 EMUs to begin operation on the Saar Electric Network in December 2019.
RUSSIAN Railways (RZD) and Gazprom signed an agreement on March 30 to jointly finance the construction of the Northern Latitudinal Railway (NLR) in western Siberia.
BOMBARDIER announced on March 30 that it has a received an order from German Rail (DB) to supply IC2 25 double-deck trains, which consist of 25 Traxx locomotives and 124 Twindexx Vario coaches.
CHINESE rolling stock manufacturer CRRC Corporation has reported that its net profited declined 4.42% year-on-year to Yuan 11.3bn ($US 1.64bn) in 2016.
THE first two-car metro train being supplied by Hitachi Rail Italy for Miami MetroRail has left the new Medley Plant in Florida after completing tests.
