Financial Archives - Page 249 of 388 - International Railway Journal

Financial

July 23, 2019 | Financial

Caltrain releases draft 20-year business plan

CALTRAIN has released its draft Business Plan 2040 Service Vision, which outlines the Californian commuter rail operator’s plans for the next two decades.

July 15, 2019 | Financial

Regiojet reports 12% increase in passenger numbers

AROUND 3.1 million passengers travelled on Czech and Slovak train operator Regiojet’s services through the Czech Republic, Slovakia and Austria during the first six months of 2019, a 12% increase on the same period last year.

July 11, 2019 | Asia

Asian Development Bank to fund Sri Lanka efficiency improvement project

THE Asian Development Bank (ADB) has announced it will provide $US 160m to fund a railway efficiency improvements in Sri Lanka.

July 9, 2019 | Financial

Westermo acquires WLAN specialist Neratec

BEIJER Group subsidiary Westermo has acquired 100% of Neratec Solutions, a specialist in WLAN products with a focus on wireless communication solutions for the rail sector.

July 5, 2019 | Light Rail

Pilsen secures EIB loan for new trams

PMDP, the public transport operator in the Czech city of Pilsen, has signed a €50m loan agreement with the European Investment Bank (EIB) to finance the acquisition of new trams and trolleybuses.

July 2, 2019 | Financial

Green Bond issue to finance FS fleet modernisation

ITALIAN State Railways (FS) is planning to launch a second Green Bond issue after becoming the first Italian company to obtain environmental sustainability certification from the international Climate Bonds Initiative (CBI).

July 1, 2019 | Financial

Genesee & Wyoming to go private in $US 8.4bn transaction

GENESEE & Wyoming (G&W) is set to become a privately-held company under a $US 8.4bn transaction announced on July 1.

July 1, 2019 | Financial

Network Rail bids to acquire part of British Steel

BRITISH network manager Network Rail (NR) has placed an indicative offer for part of British Steel, after the steel manufacturer was placed into insolvency in May when rescue talks between the British government and the company’s owner Greybull broke down.

June 25, 2019 | Financial

KiwiRail to order 100 new locomotives and 900 wagons

THE New Zealand government has outlined how the $NZ 1bn ($US 664.5m) in additional funding recently allocated to national operator KiwiRail will be spent, including the purchase of 100 new locomotives and 900 new flat wagons.

June 20, 2019 | Financial

Massachusetts and MBTA approve $US 18bn capital plan

MASSACHUSETTS Department of Transportation (MassDOT) board of directors and the Massachusetts Bay Transportation Authority (MBTA) Fiscal Management and Control Board voted on June 18 to approve the five-year $US 18.3bn MassDOT and MBTA Capital Investment Plan (CIP) for 2020-2024.

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