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
Construction of new metro line inaugurated in Prague
The city authorities of Prague have inaugurated the construction works of the fourth metro line. It is expected to be completed in eight years. The estimated cost of the project is 70 billion Korunas (more...Read more
New stage of rail revitalisation in Chile
The Government of Chile has declared a massive investment plan for 20 billion US Dollars (17.7 billion Euros) to improve the country’s infrastructure. Inter alia, it includes the modernisation or construction of several railways to...Read more
Iarnród Éireann to replace entire old fleet in Greater Dublin
The Irish national rail operator Iarnród Éireann has initiated the procurement process for up to 600 electric and battery-electric powered carriages. The company intends to purchase at least 250 trains in order to replace the...Read more
Tashkent Metro will be extended with two elevated lines
Tashkent Metro is being vigorously developed. Two elevated lines with a total length of 18 kilometres are scheduled to be launched this year and in 2020. Also, the construction of the 2.9-kilometre underground section is...Read more
Stadler opens first manufacturing plant in US
Swiss train producer Stadler Rail has opened its first manufacturing facility in the USA. The plant is located in Salt Lake City, close to the local international airport. The facility will produce the electric, diesel...Read more
Finland will construct first intercity tram line by 2024
Finnish cities of Helsinki and Espoo have finalised cost estimation of the Jokeri Light Rail project, a tram line that connects the cities. The 22-kilometre route will cost 386 million Euros. Its construction is scheduled...Read more
SBB improves toilet service in trains
Every year SBB spends 10 million Swiss Francs (around 9 million Euros) for the maintenance of vacuum toilet systems in its passenger trains. All the train toilets are cleaned once a day and checked several...Read more
China signs two railway agreements with Serbia
China and Serbia have concluded two agreements on the reconstruction and modernisation of the rail infrastructure in the Balkan country. China will finance the reconstruction of the Novi Sad – Subotica line, a part of...Read more