Financial Archives - Page 179 of 388 - International Railway Journal

Financial

May 26, 2021 | Africa

Repairs to vandalised South African rail networks to cost Rand 1.9bn

The South African Ministry of Transport budget will also increase from Rand 55.9bn in 2020-21 to Rand 74.5bn in 2023-24.

May 25, 2021 | Financial

Via Rail reports steep drops in passenger ridership and revenue in 2020

Severe service disruptions and the Covid-19 pandemic have taken a heavy toll on Via Rail’s performance in 2020.

May 24, 2021 | Financial

New fleets and improved maintenance facilities in New Zealand budget

New locomotives will replace units on the South Island of New Zealand that are more than 40 years old.

May 20, 2021 | Infrastructure

Greek government pushes for rail freight expansion

The government is also looking to address a shortage of freight locomotives.

May 20, 2021 | Financial

LTG Group reports profit for 2020

The result follows the company’s restructuring into three subsidiaries last year.

May 19, 2021 | Policy

British government announces plans for major railway sector reform

Williams-Shapps Plan for Rail outlines plans for Great British Railways, a new centralised body that will absorb current infrastructure manager Network Rail and have responsibility for integration, planning and network management.

May 19, 2021 | Financial

Ugandan parliament approves €327m Kampala - Malaba line refurbishment

The project will improve links with Kenya.

May 19, 2021 | Main line

European Sleeper seeks small-scale investors to raise capital funds

The new overnight operator is hoping to raise €500,000 through the sale of company bonds.

May 18, 2021 | Financial

TfL emergency funding extended to May 28

The previous round of funding worth £485m was due to expire on May 18.

May 18, 2021 | Financial

Eurostar secures £250m refinancing agreement

The financing comprises shareholder equity, shareholder guaranteed loans and restructured existing loan facilities.

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