Financial

THE CEO of German Rail (DB) Dr Rüdiger Grube announced DB's strategy for 2020 in Berlin today.
BRAKE and component supplier Knorr-Bremse increased turnover by 14% in fiscal 2011 to Euros 4.24bn due to its "strong global position in the rail vehicle systems and commercial vehicles sectors."
INDIA's new railway minister, Mr Mukul Roy, wasted little time in rolling back many of the reforms proposed in his predecessor, Mr Dinesh Trivedi's, 2012-13 railway budget after he was…
IN a report released on Monday, China's auditing authorities claim that Yuan 491m ($US 78m) was embezzled from the Beijing - Shanghai high-speed project. The audit of the line, which…
The Swiss Federal Council has recommended payments of SFr 6.62bn ($US 7.44bn) to maintain Switzerland's railway infrastructure under the terms of the 2013 - 2016 performance agreement with Swiss Federal…
Rift Valley Railways (RVR), the concessionaire which operates the Kenya-Uganda Railway, has received the first $US 49m tranche of a $US 168m loan secured from the International Finance Corporation last…
CAF has secured a Riyals 553m ($US 147.5m) contract with Saudi Railways Company (SAR) to supply five push-pull diesel passenger trains for the North-South Railway.
Harsco has secured orders worth over $US 25m from customers in the United States, Canada and Australia for Mark VI ballast tampers, ballast regulators, and track stabilisers.
Iron Ore Company of Canada (IOC) has secured an $US 83.1m loan guarantee from the Export-Import Bank of the United States to purchase six EMD locomotives built in the United…
Plans to invest $US 2.33bn in 167 new metro trains are likely to be abandoned because the abolition of the city's car ownership tax has caused a funding shortfall.
114
Page 114 of 122

Get the latest rail news

IRJ Rail Brief newsletter covers global railway news