Financial

THE long-running privatisation of Greek national train operator Trainose took an important step forward on January 18, when Italian State Railways (FS) CEO Mr Renato Mazzoncini and Mr Antonis Leousis,…
IN what is claimed to be a world first for a rolling stock leasing company, Alpha Trains has concluded a green private placement to refinance debt associated with the acquisition…
ABELLIO has reached an agreement to sell a 40% stake in Britain’s Greater Anglia franchise to Mitsui.
CHICAGO Transit Authority (CTA) has received $US 1.07bn in funding from the United States’ Federal Transit Administration (FTA) to support phase one of its Red and Purple Modernisation Project (RPM).
CZECH REPUBLIC’s Railway Infrastructure Administration (SẐDC) announced on January 9 that it will invest Koruna 600m ($US 23.5m) in repairing stations in 2017.
AFRICAN energy and infrastructure company Qalaa Holdings confirmed on January 5 that it has begun preliminary discussions to sell its 73.76% stake in Rift Valley Railways (RVR), which has a…
WHILE German Rail (DB) ceased operation of all classic overnight trains with sleeper and couchette coaches on December 11, internal DB documents retrieved by the Stuttgarter Zeitung newspaper show that…
CHINA Railway (CRC), the state-owned national operator, has been appropriated a Yuan 800bn ($US 115.13bn) budget for 2017 as it pushes ahead with network and service expansion following a record-breaking…
FRANCE and Spain took control of the international high-speed rail link between both countries on December 21 after the contract with concessionaire TP Ferro was terminated following the company’s liquidation…
BAYERN LB and Crédit Agricole Corporate and Investment Bank (CIB) announced on December 14 that they will finance 28 trains that will be operated by Transdev subsidiary Bavaria Regional Rail…
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