EU funds new rail link between Netherlands and Germany
This year, the Netherlands is getting a subsidy of 18.5 million euros from Brussels for international rail connections. This money will be spent on the Wunderline between Groningen and Bremen and the rail freight connection...Read more
New maintenance vehicles on Polish railway network
Polish railway infrastructure manager PKP PLK continues renovation of its fleet. It has already introduced 22 new track motorcars for maintenance works on the country’s railway network. Six more vehicles will be purchased in the...Read more
EU invests more than 600 million euros in Polish rail network
The European Commission adopted three major Cohesion Policy projects which will make it possible to invest 604 million euros in modernising the Polish rail network. Over 487 million will be invested in replacing the outdated technology...Read more
Tram service inaugurated in Ottawa
Canada’s capital city of Ottawa has launched tram service on the Confederation Line. The 12.5-kilometre network consists of 13 stations and provides a good connection for passengers with the bus and train services in the...Read more
Ukraine prepares national railway company for privatisation
The recently appointed government of Ukraine intends to finalise the transformation of Ukrainian Railway. The country’s state-owned railway company will be divided into three separate operators with different functions. Two of them will be privatised...Read more
SBB gets investor for domestic freight business
Swiss railway group SBB has obtained a strategic investor for its domestic freight business. 35 per cent of the SBB Cargo shares were purchased by Swiss Combi, a joint venture consisting of Planzer Holding, Camion...Read more
Transmashholding sets up two joint ventures in Hungary
Russian rolling stock group Transmashholding (TMH) has set up two joint ventures – TMH Hungary Invest and Transmashholding Hungary (TMH Hungary). With their help, TMH will participate in the exclusive negotiations with the Government of...Read more
Czechia invests 40 million Euros annually in safe level crossings
Every year the Czech railway infrastructure manager SŽDC invests around 1 billion Korunas (circa 40 million Euros) to improve the country’s level crossings. It results in an increase of safety at 150 facilities each year....Read more
Chinese companies will construct tunnel between Finland and Estonia
The Finest Bay Area Development company has moved further in implementing the Helsinki-Tallinn Tunnel project. The Finnish company signed a memorandum of understanding with China Railway International Group, China Railway Engineering Company, China Communications Construction...Read more
EU to allocate 318 million Euros for railway electrification in Latvia
The European Commission has approved the allocation of 318.5 million Euros from the Cohesion Fund to improve the Latvian rail infrastructure. The country’s rail operator Latvijas Dzelzceļš (LDz) will use the money to perform the...Read more
RegioJet issues bonds for future growth
Czech private railway operator RegioJet has sold a bond issue of 921 million Korunas (36 million Euros) with maturity in five years. This money will be allocated for the company’s future growth, mainly for the...Read more
One more Canadian city launches tram network
Canadian Regional Municipality of Waterloo has opened its tram network. The light rail system provides a connection between Waterloo proper and the adjacent city of Kitchener. In the future, the line will be extended to...Read more
Vossloh invests in production of turnouts for US rail market
German technology company Vossloh Group has invested 6 million Dollars (around 5.3 million Euros) in Cleveland Track Material, its manufacturing facility in Memphis, state of Tennessee. The money was allocated for acquirement and installation of...Read more