Financial Archives - Page 75 of 388 - International Railway Journal

Financial

May 9, 2024 | Financial

DB rejects Stuttgart 21 court decision

Germany’s administrative court rules that German Rail (DB) is solely liable for a likely €7bn overspend on the €11.45bn project.

May 8, 2024 | Policy

No second term for SNCF CEO

French government has announced that Jean-Pierre Farandou will leave after the Paris Olympics.

May 8, 2024 | Financial

Alstom reports €309m loss in 2023-24

Board declares no dividend as negative free cash flow reaches €557m.

May 7, 2024 | Financial

Indian rail industry concern over court ruling

Supreme Court decision highlights lack of effective dispute resolution.

May 2, 2024 | Financial

Record profit for Czech Railways in 2023

Pre-tax profit reached $US 160m.

May 1, 2024 | Financial

French institutional investors to take majority stake in Systra

SNCF and RATP are divesting a majority stake to enable the transport engineering consultancy to “accelerate its international development.”

April 30, 2024 | Infrastructure

Work starts on Niš - Dimitrovgrad upgrade in Serbia

European Investment Bank (EIB) is funding upgrade of section of TEN-T Corridor X.

April 29, 2024 | Main line

RegioJet delays Prague - Berlin service to 2025

Engineering work south of Dresden prevents Czech private operator from accessing favourable train paths.

April 29, 2024 | Financial

Lithuania secures passenger fleet loans

Nordic Investment Bank and European Investment Bank will lend LTG Link €200m for 15 new trains.

April 24, 2024 | Infrastructure

Contracts awarded to build Oman-Etihad Railway

Siemens Mobility and Hassam Allam Construction will supply railway systems, including ETCS Level 2.

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