ÖBB is continuing its large expansion and investment programme in 2023. By 2028, 19 billion euros will be invested in railway expansion throughout Austria.
At the end of last year, Czech Railways (České dráhy) announced a tender for the supply and servicing of trains powered by overhead lines and high-capacity batteries.
Deutsche Bahn (DB) has invested around 200 million euros in the expansion and extended the five-track hall by 200 meters. Now trains up to 400 meters long, such as the XXL-ICE 4, or two shorter trains in a row can be maintained here on one track.
RIA Scotland has welcomed both the Scottish Government’s commitment to sustaining rail funding in the Budget and the publication of the second Strategic Transport Projects Review (STPR2).
Financial support from the EBRD and the EU is intended to help improve transport connectivity in the Western Balkans and promote a modal shift from road to rail as a greener mode of transport.
The Federal Ministry of Digital Affairs and Transport (BMDV) and Deutsche Bahn (DB) are jointly moving ahead with the planning for Digital Rail Germany. An existing financing agreement will be increased from around 1.7 billion to around 2.7 billion euros.
Analysis of Polish freight as well as passenger rail transport.
Beacon, Stadler, and GB Railfreight have signed an agreement for the supply of 30 Class 99 bi-mode coco locomotives.
EBRD investment in the Western Balkans rail sector to reach €1 billion in 2022.
After completion of the project, it will be possible to travel between Warsaw and the largest Polish cities in a maximum of 2.5 hours.
Under the €867 million contract, Hitachi Rail will cover 1,885 kilometers of the Italian rail network.
The global market for new vehicles is currently around €2.8 billion per year and is expected to grow further.
The French government should ensure that rail freight transport is more competitive with road transport by maintaining state support and enshrining it in law.
The Czech Republic and European Investment Bank have signed a Memorandum of Understanding on financial and technical support for railway projects between 2023 and 2027.
This is the result of unofficial information that was presented during the 18th annual ČD Cargo business conference.
This operation is part of Renfe's overall fleet renewal plan, which includes a total investment of 5.4 billion euros for the purchase of 519 new trains.
Nevomo wants to modernize existing railways in Europe by implementing MagRail technology, which is inspired by the hyperloop.
The total budget under this agreement is €422.6 million, out of which €353.9 million will be from EU funding.
This facility for 32 million euros is to contribute to the transport shift from road to rail. The total investment in the logistics center is to be about 160 million euros.
Planned procurements are largely secured by government financial guarantees or commissioned directly by countries or regions.