Financial Archives - Page 185 of 388 - International Railway Journal

Financial

March 26, 2021 | Financial

DB reports €5.7bn after-tax loss in 2020

Revenue dropped by 10% to €39.9bn after passenger numbers nearly halved.

March 26, 2021 | Europe

Barraqueiro forms Portuguese open-access operator

The new subsidiary plans to operate services on the Braga - Faro corridor.

March 26, 2021 | Financial

São Paulo lines 8 and 9 operation concession auction date confirmed

The 30-year concession is expected to bring in Reais 3.2bn ($US 566.3m) in investment.

March 26, 2021 | Financial

Thiele's Knorr-Bremse and Vossloh shares to be placed into family trust

The shares include majority stakes in Knorr-Bremse and Vossloh.

March 23, 2021 | Financial

Welsh government awards £50m for new rail test centre

The first phase of the test centre is due for completion in 2023.

March 23, 2021 | North America

Wabtec acquires Nordco from Greenbriar Equity

The company will join Wabtec’s Freight Services group.

March 23, 2021 | Financial

Serbia to receive $US 125m for rail modernisation

The funding will contribute to Serbia’s €3.3bn rail modernisation programme.

March 22, 2021 | Financial

More funding for English transport operators to combat Covid losses

Transport for London receives £485m of the £518m funding package.

March 22, 2021 | Financial

Eurostar in discussions over government rescue ahead of cash crunch

The company says discussions need to be finalised by next month.

March 21, 2021 | Financial

Canadian Pacific and Kansas City Southern agree merger

The $US 29bn combination of the two smallest Class 1s will create a Canada - United States - Mexico rail freight network.

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