Financial Archives - Page 237 of 388 - International Railway Journal

Financial

February 17, 2020 | Freight

Genesee & Wyoming Australia renamed One Rail Australia following acquisition

AUSTRALIAN rail freight operator Genesee & Wyoming Australia (GWA) will be renamed One Rail Australia following confirmation that the acquisition of the remaining 51.1% stake in GWA by Macquarie Infrastructure and Real assets (MIRA) and Dutch pension fund PGGM from Brookfield Infrastructure has been completed.

February 17, 2020 | Financial

Alstom confirms Bombardier Transportation acquisition talks

ALSTOM has finally confirmed that it is in discussion with Bombardier regarding the purchase of Bombardier’s Transportation rail division.

February 17, 2020 | High-speed

Challenges mount for Mumbai - Ahmedabad high-speed line

INDIAN and Japanese officials and engineers are set to meet at the end of the month to consider the new challenges facing the Mumbai - Ahmedabad high-speed project following reports that the scheme is facing cost increases and delays because of land acquisition issues and design specification changes.

February 14, 2020 | Financial

Bombardier revenue drops as Alstom merger rumours gather pace

BOMBARDIER released its consolidated full year results on February 13, confirming a 7% drop in revenue for the Transportation division from $US 8.9bn in 2018 to $US 8.2bn in 2019, the day after the board of Alstom reportedly met to discuss a potential takeover deal for its rival.

February 13, 2020 | Financial

European rail projects secure €983m EIB investment

THE European Investment Bank has allocated €983m from a wider €4.9bn investment package for a variety of European railway fleet orders and projects.

February 12, 2020 | Financial

EIB to help fund Egyptian rail projects

THE European Investment Bank (EIB) has agreed to provide up to €2.7m to help fund two Egyptian rail projects.

February 12, 2020 | Freight

Aurizon reports solid half year results

AUSTRALIAN freight operator Aurizon has reported a 12% increase in underlying half-yearly Ebit to $A 456m ($US 307.4m) for the first six months of the 2019-20 financial year, up from $A 406m for the previous comparable period.

February 11, 2020 | High-speed

British government issues HS2 green signal to proceed

FOLLOWING weeks of speculation, the British government has finally reaffirmed its commitment to HS2, the project to build a new 338km dedicated high-speed network between London, Birmingham and the north of England.

February 11, 2020 | Metros

Work to resume on São Paulo metro Line 6-Orange

THE government of the state of São Paulo announced on February 7 that construction will resume on metro Line 6-Orange this year after deciding to proceed with an offer from Acciona, Spain, to continue the project.

February 10, 2020 | Financial

SJ and Vy win Swedish night train contracts

TRAFIKVERKET has awarded Swedish passenger operator SJ and Norwegian operator Vy contracts to operate overnight trains in Sweden.

« Previous 1 … 235 236 237 238 239 … 388 Next »

Rail market intelligence to unlock your business potential.

Sign up for the IRJ Rail Brief Newsletter