Business

Stories about billions of euros at rail offices: news about the biggest deals, transactions, acquisitions, and railway bosses in commercial newsfeed.

Business

TransLogistica Romania: Paving the Way for Innovation and Collaboration in the Rail Transport Sector

TransLogistica Romania, the premier trade fair for the logistics and transportation industry in Romania, is set to be a milestone event that showcases the transformative power of rail transport.

Lubomir Cech August 11, 2023 · 3 min read

Business

Rinalds Pļavnieks is now the new chairman of the board of Latvian railways

Latvian Railways (LDz) have appointed a new board chairman to tackle challenges that the state-owned company faces in the current geopolitical situation.

Lubomir Cech August 10, 2023 · 2 min read

Business

Hitachi Rail wins €1.8bn contract for high-speed line between Verona and Padua

Hitachi Rail to equip line with advanced ERTMS digital signalling system.

Karel Novak August 8, 2023 · 2 min read

Business

Big news in the rolling stock leasing world: Beacon Rail takes over MRCE

ROSCO company Beacon Rail is taking over another big company in the European locomotives and trains leasing market: Mitsui Rail Capital Europe.

Lubomir Cech August 7, 2023 · 1 min read

Business

Adif and Adif AV enhance Mediterranean Corridor's connectivity

The project, with a total investment of 750 million euros, aims to connect Valencia and Alicante to Europe via a high-speed rail link.

Marketa Horpeniakova August 7, 2023 · 2 min read

Business

EIB approves loan of up to EUR 250 million for Divača-Koper Second Track project

The loan contract is expected to be signed at the end of 2023. The EIB loan is expected to start in 2025.

Karel Novak July 31, 2023 · 1 min read

Business

Port of Rotterdam: 5.5% less cargo in H1 2023, plans for container capacity expansion

While containers, coal and other dry bulk decreased, agribulk, iron ore, scrap, and LNG increased in the first half of 2023 in the Port of Rotterdam. The port also signed agreements to expand the container terminals.

Lubomir Cech July 25, 2023 · 2 min read

Business

SCI Verkehr: Asia and Europe dominate global high-speed rail market

The world's high-speed rail (HSR) infrastructure is primarily concentrated in Asia and Europe, with these regions accounting for 90% of the global infrastructure and over 95% of the operational fleet.

Karel Novak July 12, 2023 · 3 min read

Business

DAL and Société Générale will finance the next seven Helrom trains

Helrom has closed a loan financing agreement with DAL Deutsche Anlagen-Leasing and Société Générale worth €34.5 million.

Lubomir Cech June 29, 2023 · 1 min read

Business

Škoda Group: 1 billion euro deal with Egyptian railways

The Škoda Group has signed contracts with the Egyptian National Railways (ENR) for the modernisation and maintenance of at least 280 electric diesel locomotives.

Karel Novak June 28, 2023 · 3 min read

Business

Ukraine receives EU support for railway integration and modernization

This is the first time that the EU has committed funds to railway projects in Ukraine, reflecting the country's efforts to integrate its railway system with the European Union.

Marketa Horpeniakova June 27, 2023 · 2 min read

Business

Liability in rail freight transport

At its meeting last week, the Swiss Federal Council approved a report on liability rules in rail freight transport. The report shows that today the railway undertakings are almost always liable in the event of accidents - even when private wagons are involved.

Karel Novak June 26, 2023 · 3 min read

Business

CPK high-speed rail project receives €64 million from European Commission

The project aims to connect the new CPK airport to the rail network, reducing travel time between the two cities.

Marketa Horpeniakova June 24, 2023 · 2 min read

Business

DB: National Partner of UEFA EURO 2024

DB offers climate-friendly rail travel for all 24 national teams and fans from 33 European countries.

Karel Novak June 17, 2023 · 2 min read

Business

Rohlig SUUS Logistics takes over Joppa Logistics

Rohlig SUUS Logistics has announced the acquisition of Joppa Logistics, a Czech company specialising in warehousing services and road groupage transport.

Karel Novak June 15, 2023 · 2 min read

Business

EBRD provides €200 million loan to Ukrainian Railways for better links with the EU

The European Bank for Reconstruction and Development (EBRD) has announced a loan of €200 million to Ukrainian Railways (Ukrzaliznytsya or UZ).

Lubomir Cech June 13, 2023 · 2 min read

Business

Vossloh awarded €50 million contract for rail fastening systems in Chinese high-speed line

The project, connecting Xiong'an and Shangqiu cities, spans over 600 kilometers and aims to enhance mobility and drive economic development in the region.

Marketa Horpeniakova June 12, 2023 · 2 min read

Business

UK: DP World launches “Modal Shift Programme” to drive rail transport and carbon reductions

DP World aims to increase the share of rail in its logistics operations and remove an estimated 30,000 tonnes of CO2 from customers' supply chains.

Marketa Horpeniakova June 10, 2023 · 2 min read

Business

Siemens Mobility and Hamburg: MoU signed

The Free and Hanseatic City of Hamburg and Siemens Mobility GmbH announced at the UITP Congress in Barcelona that they will further intensify their cooperation to promote sustainability in rail transport.

Karel Novak June 9, 2023 · 1 min read

Business

CZ LOKO invests 100 million CZK in a new wheelset facility for streamlined production

The new plant aims to streamline operations, improve service quality, and potentially double production to 80 wheelsets per month.

Marketa Horpeniakova June 8, 2023 · 2 min read