THE German Federal Ministry for Transport and DB Networks have finalised a financing agreement for the second stage of reconstruction and remodelling at Halle station.
THE EUROPEAN Investment Bank (EIB) has agreed to provide Polish infrastructure manager PKP PLK with two loans worth a total of €165m to upgrade two sections of line.
INDIAN Railways (IR) has set the budget for infrastructure development for 2013-18 at Rs 4.56 trillion ($US 86.3bn).
A 10-year agreement was signed in Beijing on October 17 between AnsaldoBreda and China Northern Rolling Stock subsidiary CNR Dalian licensing the Italian company's Sirio low-floor LRV for production in China.
ABELLIO Rail NRW, a subsidiary of Netherlands Railways (NS), has won a major 15-year contract to operate regional services in eastern Germany.
BRAZILIAN wagon manufacturer AmstedMaxion announced on October 18 it has signed a partnership agreement with Cometal, Mozambique, concerning the development of wagons for customers in southern Africa.
RUSSIAN Railways (RZD) announced on October 16 that it has concluded negotiations with potential buyers of a 25% plus one share stake in its former subsidiary Freight One, with Independent Transport Company (ITC) submitting the best binding offer.
INDIAN Railways (IR) has formulated a new public private partnership (PPP) policy that will allow international suppliers to form joint ventures with existing production units and workshops.
AFTER several consecutive years in the red, Austrian Federal Railways (ÖBB) railfreight subsidiary Rail Cargo Austria (RCA) is seeking to improve its financial situation by selling wagons to one of its subsidiaries.
BRITAIN's Department for Transport (DfT) has announced plans for the interim operation of the London – Glasgow West Coast franchise following its decision to cancel the contract for a new franchise.
