Financial Archives - Page 206 of 388 - International Railway Journal

Financial

November 16, 2020 | Policy

French rail budget to increase in 2021

FRENCH transport minister Mr Jean-Baptiste Djebbari presented the 2021 provisional rail budget to parliament on November 10, in advance of the budget being debated and signed into law in December.

November 16, 2020 | Financial

SNCB secures grant for ETCS pilot upgrade

BELGIAN National Railways (SNCB) has received a €2.4m grant from the European Union (EU) to support a pilot project to upgrade onboard ETCS signalling and control systems from ETCS Level 2 Baseline 2 to ETCS Level 2 Baseline 3.

November 16, 2020 | Fleet

Île-de-France orders 13 more tram-trains

PARIS transport operator Île-de-France Mobility and Transilien SNCF have ordered a further 13 Citadis Dualis tram-trains from Alstom for €70m, under a framework contract for up to 200 sets signed by Transilien SNCF in 2007.

November 16, 2020 | Financial

ÖBB and Westbahn secure Austrian government support

THE Austrian government has reintroduced a subsidy to Austrian Federal Railways (ÖBB) and Westbahn to operate their respective passenger services on the Vienna - Salzburg route as the country enters a second national lockdown.

November 13, 2020 | Fleet

Czech Railways orders new Škoda EMUs

CZECH Railways (ČD) has awarded a Koruna 9.6bn ($US 429.17m) framework contract for the supply of up to 60 RegioPanter EMUs to a consortium of Škoda Transportation and Škoda Vagonka.

November 13, 2020 | Africa

Egypt and Sudan to cooperate on international rail link

THE governments of Egypt and Sudan have signed a joint cooperation agreement to carry out economic, social and environmental feasibility studies for the creation of a new cross-border railway between the two countries.

November 13, 2020 | Financial

ADB approves $US 121m loan for Uzbekistan rail upgrades

THE Asian Development Bank (ADB) has issued a $US 121m loan to the government of Uzbekistan to complete the modernisation of the country’s eastern rail network.

November 13, 2020 | Financial

Siemens’ Ebitda falls but revenue stable in 2020 results

SIEMENS Mobility has announced an adjusted Ebitda of €241m for its 2020 fiscal year, which ran from October 1 2019 to September 30, a fall of 19% compared with €299m in 2019.

November 12, 2020 | Financial

Alstom reports fall in net income for first half of 2020-21

ALSTOM has reported a net income of €161m in the first half of its 2020-21 fiscal year from April 1 to September 30, a 24.4% drop compared with €213m in the first half of 2019-20.

November 11, 2020 | Fleet

Kenya introduces DMUs on Nairobi commuter network

KENYA Railway Corporation (KRC) began operation of five metre-gauge class 61 DMUs on the Nairobi Commuter Network (NCR) on November 10, following a ceremony at Nairobi Central station attended by Kenyan president, Mr Uhuru Kenyatta.

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