Latvian Railways to invest 4.5 billion euros in infrastructure
Latvian Railways has developed a concept for infrastructure development until 2035, with electrification, increasing train speed and improving safety. The total estimated cost of all railway infrastructure development projects could amount to 4.5 billion euros...Read more
Pandemic-driven megatrends present opportunities for rail
The corona pandemic has opened up a window of opportunity for the international railway sector. While hit hard, rail could raise its competitive advantage and bolster its market share vis-a-vis other modes of transport, the...Read more
DB and northern German states team up to fast-track rail expansion
Deutsche Bahn (DB) and the five northern federal states signed a Memorandum of Understanding (MoU) on Wednesday for the fast-track expansion of railways and services in the north of Germany. The alliance, Future Northern Rail,...Read more
ÖBB: massive investments throughout Austria
ÖBB is planning large investments in several regions of Austria to improve the rail infrastructure. Many electrification projects, as well as some double track expansions and station renewals will happen in 2022.Read more
Spain sets aside over €24 billion for rail infrastructure
The Spanish government will invest 24.2 billion euros in rail infrastructure over the next five years. This was announced by Minister of Transport and Mobility Raquel Sánchez this week.Read more
More money invested in roads than rail, where is the shift?
Railways are constantly hailed as the future for sustainable mobility, and leaders stumble over each other to say that we need a shift to rail. But when looking at the investments that were made in...Read more
US Congress approves Biden’s infrastructure plan, $66 billion to railways
The US Congress has approved a comprehensive package of infrastructure investments. Sixty-six billion dollars will go to the national rail network. The approval is an important victory for President Joe Biden, who proposed the package...Read more
ÖBB gets more budget to increase capacity on Austrian rail network
Austrian railway manager ÖBB infrastructure will benefit from an additional 700 million euros over 6 years compared to the previous year. The goal is to improve the flow of rail traffic and increase capacity on...Read more
Belgian railways receive additional 250 million
The Belgian coalition government reached a budget agreement last week. Railways receive 250 million extra in the next three years. Most of this will be invested in infrastructure, to further develop rail freight transport. The...Read more
23,5 million euros for infrastructure investments in Moldova
Moldova Railways (CFM) agreed on a 23,5 million euro loan that will be used for rail infrastructure upgrades in the country. The funding is provided by the European Bank for Reconstruction and Development (EBRD) and...Read more
Increasing rail’s competitiveness versus flying needs European approach
European governments will have to come up with a continent-wide approach to rail in order to have trains compete with planes, a report by Koios consultancy concludes. Released earlier in the year, the report was...Read more
German ministry of Transportation sets priority projects for DB
The Germany ministry of Transportation has laid out its priority projects for DB. Top priority will be assigned to a total of 181 infrastructure projects, which means they can now enter the planning stage. They...Read more‘Historic investment’ of 66 billion in US rail
The US Senate has voted to take up an agreement including 66 billion dollars for rail transport. A ‘historic investment’, says railroad company Amtrak. President Joe Biden and a bipartisan group of senators reached agreement...Read more