Financial

NETHERLANDS Railways (NS) reported an increased turnover of €5.1bn (2.4%) in its annual report for 2016 which was released on February 28.
OMAHA City Council has received a final financial assessment of the proposed Omaha Urban Circulator, which is estimated to cost $US 156m and scheduled to open in 2022.
BRITAIN’s Department for Transport (DfT) announced on March 1 that it has shortlisted three bidders for a contract to operate the East Midlands franchise from next year.
SPANISH rolling stock manufacturer Talgo announced on February 28 that its net profit reached €61.9m, up 3.8% in 2016 compared with the previous year, which the company attributes to “strong…
THE Indian government has applied for a loan from the European Investment Bank (EIB) towards the cost of the Reach 6 Project to build Line 4 of the Bangalore metro.
FRENCH National Railways (SNCF) says it is doubling down to “promote cost-cutting and efforts to boost productivity” as competition and market uncertainty cloud the prospects for growth in 2017.
NEW Zealand’s national railway KiwiRail suffered a dramatic decline in profitability in the six months ending December 31 2016, largely due to the impact of November’s Kaikoura earthquake, which has…
NORTH Milan Railways (FNM) confirmed on February 14 that it is talks with Milan urban transport operator Milan Transport (ATM) regarding a possible merger.
SWEDISH national train operator SJ is planning to accelerate investment in the modernisation of its train fleet as rising demand continues to strengthen the company’s revenues and profits.
AUSTRALIAN rail freight operator Aurizon has announced a 21% increase in underlying Ebit of $A 488m for the six months ending December 31 2016, compared with $A 403m in the…
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