SNCF’s low-cost rival Kevin Speed could secure €400m EU loan

Kevin Speed could secure EU financing for its push into France's high-speed rail market
Kevin Speed could secure EU financing for its push into France's high-speed rail market. Shutterstock

French open-access operator Kevin Speed, one of the first companies to challenge SNCF’s high-speed rail dominance in France, could soon secure significant EU financing. The European Investment Bank (EIB) is considering supporting the newcomers to the tune of around 400 million euros, the total estimated value of the procurement, a staggering 1 billion euros.

Want to read more?

Subscribe now!

Take advantage of our exclusive offer to get full access to all premium content.

See the offer

Tags: , , , , ,

Author: Thomas Wintle

E-mailURL

Related posts

Details of Bucharest-Budapest HSR line revealed – including huge price tag

This summer, Hungarian Prime Minister Viktor Orbán and his Romanian counterpart Marcel Ciolacu finally agreed to creating a high-speed railway line from Bucharest to Budapest. Travel times between…
How do you retrofit thousands of trains to ETCS? Ask Trigo

The deadline is looming for EU nations to make the switch to the European Train Control System (ETCS). Very soon, Europe’s rail networks must start retrofitting thousands of…
No 5G? Finland’s ‘unique’ train communication system offers Europe new model

Finland is pioneering a new railway technology, collaborating with telecom operators to use existing commercial radio networks for train communication. Replacing the need for a costly 5G network…
Germany to start work on €400m Dortmund ICE depot this year

Germany is set to commence construction on a new 400-million-euro depot for high-speed trains in Dortmund. After receiving the green light from Berlin, the works are now expected…

Add your comment

characters remaining.

Log in through one of the following social media partners to comment.

SNCF’s low-cost rival Kevin Speed could secure €400m EU loan

SNCF’s low-cost rival Kevin Speed could secure €400m EU loan

Kevin Speed could secure EU financing for its push into France's high-speed rail market
Kevin Speed could secure EU financing for its push into France's high-speed rail market. Shutterstock

French open-access operator Kevin Speed, one of the first companies to challenge SNCF’s high-speed rail dominance in France, could soon secure significant EU financing. The European Investment Bank (EIB) is considering supporting the newcomers to the tune of around 400 million euros, the total estimated value of the procurement, a staggering 1 billion euros.

Want to read more?

Subscribe now!

Take advantage of our exclusive offer to get full access to all premium content.

See the offer

Tags: , , , , ,

Author: Thomas Wintle

E-mailURL

Related posts

Iconic viaduct linking London and Brighton gets facelift

The UK’s Network Rail has launched critical repair work along the iconic Ouse Valley Viaduct between Brighton and London in a bid to maintain the beautiful yet vital…
Poland unveils €1.4 billion in new rail tenders

Poland’s rail manager PKP PLK has announced three tenders for high-speed upgrades and a massive construction project valued in total at 1.4 billion euros. That means faster trains…
Details of Bucharest-Budapest HSR line revealed – including huge price tag

This summer, Hungarian Prime Minister Viktor Orbán and his Romanian counterpart Marcel Ciolacu finally agreed to creating a high-speed railway line from Bucharest to Budapest. Travel times between…
How do you retrofit thousands of trains to ETCS? Ask Trigo

The deadline is looming for EU nations to make the switch to the European Train Control System (ETCS). Very soon, Europe’s rail networks must start retrofitting thousands of…

Add your comment

characters remaining.

Log in through one of the following social media partners to comment.