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Financial
May 16, 2024
|
High-speed
Eurostar to order 50 new trains as revenue reaches €2bn in 2023
High-speed operator carried 18.6 million passengers in 2023, up 22% year on year.
May 16, 2024
|
Financial
British Steel wins contract to supply rail for Adana - Gaziantep line in Turkey
UK Export Finance has underwritten £680m of financing for the project.
May 14, 2024
|
Financial
Škoda to acquire Cegelec
The supplier manufactures electrical components for LRVs, metro and suburban trains.
May 14, 2024
|
Metros
Japan lends $US 900m for MRT East-West Line in Jakarta
Terms of Jica loan specify Japanese technology for rolling stock and signalling.
May 13, 2024
|
Freight
Freight volumes up on China - Europe eastern freight corridor
Over 2000 trains have operated on the eastern corridor in the first five months of this year.
May 13, 2024
|
Financial
China to fund Hungarian railway projects
Potential schemes for Chinese finance include a Budapest airport rail link and the long-planned Budapest avoiding line.
May 12, 2024
|
Financial
Albania nets €100m EIB Global loan
The money will finance modernisation of the 120km Vorë - Hani i Hotit line.
May 11, 2024
|
Europe
Europe’s Rail awards seven research grants worth €11.7m
Projects receiving co-funding include DAC-Fit and tackling noise and vibration.
May 10, 2024
|
Freight
Ancora fails in bid to take over Norfolk Southern
Senior management team remains in place as only three Ancora directors elected to NS board.
May 9, 2024
|
Financial
Vietnam operators to merge
Hanoi Railways and Saigon Railways will join later this year to become Vietnam Railway Transport.
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