Financial Archives - Page 126 of 388 - International Railway Journal

Financial

October 27, 2022 | Infrastructure

Romanian Railways awards €490m line modernisation contract

Consortium headed by Webuid will undertake works to electrify and increase speeds on 50km section.

October 26, 2022 | Track

Revival for sole rail mill in sub-Saharan Africa

ArcelorMittal’s acquisition of the Highveld mill aims to supply railway resurgence in South Africa.

October 26, 2022 | Financial

Connecting Europe Facility provides €354m for Rail Baltica

CEF contribution is at maximum level of 85%.

October 24, 2022 | Tenders

Italian Rail Network awards 15km Sicily new rail section contract

€616m contract for consortium headed by Webuild includes three tunnels and five viaducts.

October 21, 2022 | Africa

Kenya seeks more time to pay off Standard Gauge Railway debt

$US 5bn was lent by China Eximbank for Mombasa - Naivasha route.

October 21, 2022 | Employment

Knorr-Bremse appoints new CEO for three-year term

Knorr-Bremse has appointed Mr Marc Llistosella as CEO for a period of three years from January 1 2023.

October 21, 2022 | Technology

Thales rolls out electronic ticketing in Jakarta

Multi-modal integrated payment and fares system offers Mobility as a Service.

October 20, 2022 | Freight

New intermodal terminal opens on the Hungary-Ukraine border

The East-West Gate terminal is equipped with cranes controlled remotely by 5G technology to aid speed of transhipment.

October 19, 2022 | Signalling

Tendering suspended for São Paulo CBTC contract

Bidder has appealed against ranking of technical proposals.

October 19, 2022 | Fleet

West Midlands Railway’s first Civity DMU enters service

Introduction of the CAF-built class 196 is two years late but will increase train capacity by 25%.

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