GREECE'S Hellenic Republic Asset Development Fund (HRADF) announced on October 31 that three bids for the sale of national train operating company Trainose have qualified for the final stage of the privatisation process.
RUSSIAN Railways (RZD) celebrated the introduction of its first long-distance double-deck coaches at Moscow Kazan station on November 1, with the launch of the new vehicles on overnight services from Moscow to Adler.
A JOINT venture of SP-Technology, Russia and Vossloh Cogifer, in partnership with Russian Railways (RZD), has completed its acquisition of in Novosibirsk Switch Plant, Russia's largest manufacturer of points and crossings.
A ceremony was held in Rajin, North Korea, on September 22 to mark the reopening of the cross-border line from Hasan, Russia.
THE president of Russian Railways (RZD), Mr Vladimir Yakunin, says he wants to get back into the business of running its freight trains and that splitting up the fleet between the new companies which were spun off from RZD was a mistake.
SINARA Group unveiled a new prototype LNG turbine locomotive at the Expo 1520 exhibition in Shcherbinka, Russia, last week which was developed in partnership with the Russian Railways Research Institute (VNIIZHT).
RUSSIAN construction company Transstroy announced on August 15 that it expects to complete construction on the final section of the Amur – Yakutsk Mainline (AYAM) in the Far East of the country by the end of next month.
SERBIAN Railways (ZS) president Mr Dragoljub Simonović and Mr Sergey Pavlov, CEO of Russian Railways (RZD) subsidiary RZD International, have signed a $US 800m loan agreement which will finance the renewal of rolling stock and infrastructure in what is described as the largest investment in the Serbian network for decades.
IRJ at the 1520 Strategic Partnership: Mr Vladimir Yakunin, president of Russian Railways (RZD), has confirmed that the first high-speed line to be built in Russia will connect Moscow with Kazan.
THE president of Russian Railways (RZD), Mr Vladimir Yakunin, has pledged that the Russian rail network will continue to be vertically integrated for at least another two years.