Financial

SLOVENIAN Railways (SŽ) has closed the bidding process for the sale of a 49% stake in its rail freight unit Tovorni Promet.
BRITAIN’s infrastructure manager Network Rail (NR) says it wants to increase spending to £47bn in the five-year period from 2019 to 2024 (Control Period 6 - CP6) in order to…
THE municipal administration of Italy’s autonomous Alto Adige province has committed €172m to its mobility and infrastructure plan for 2018-2020.
THE shareholders of Italy’s open-access high-speed operator Italo-NTV have decided to accept the offer from the Global Infrastructure Partners III equity fund to acquire the entire share capital of the…
SWEDISH passenger operator SJ says it sold 30 million tickets for its services in 2017, a new record, and an increase of 2% over the previous year.
NEW York-based investment fund Global Infrastructure Partners III (GIP) has launched a bid to acquire Italian open-access high-speed operator Italo-NTV, just weeks before its planned initial public offering (IPO) on…
LORAM Maintenance of Way and Georgetown Rail Equipment Company (Grex) have completed a definitive merger agreement whereby Loram will acquire all outstanding shares of Grex.
INDIA’s finance minister Mr Arun Jaitley has announced a budget of Rs 1.48 trillion ($US 23.3bn) for Indian Railways (IR) for 2018-19, which is the highest in IR’s history and…
NORFOLK Southern announced on January 24 that it will implement a capital programme of $1.845bn in 2018, continuing what the railway describes as a balanced deployment of capital.
ITALY’s open-access high-speed rail operator, Italo-NTV, has applied to list its shares on the Italian Equities Market (MTA) of the Italian Stock Exchange.
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