Financial Archives - Page 2 of 274 - International Railway Journal

Financial

January 19, 2023 | Financial

EBRD loans €50.6m to upgrade Tbilisi metro in Georgia

Loan is for improving stations, reducing downtimes for maintenance and boosting non-fare revenue.

January 18, 2023 | Fleet

VR Sweden renews Alstom maintenance contract

10-year contract to maintain 30 trains is worth SKr 1bn.

January 17, 2023 | Financial

Uganda cancels $US 2.3bn SGR deal with China and turns to Turkish firm

Promised funding for the line had not been forthcoming from China.

January 17, 2023 | Infrastructure

Transport for Wales awards station modification contract to LB Foster

Lot 4 contract is part of £194m programme to improve stations in Wales.

January 17, 2023 | Locomotives

Siemens Indian locomotive order worth €3bn

The contract includes maintenance over 35 years.

January 16, 2023 | Signalling

BNDES funds PTC installation on Rumo network

$US 134.2m provided for installation in São Paulo state and Mato Grosso.

January 16, 2023 | Freight

Rail Cargo Group launches Serbian subsidiary

Subsidiary will handle transit traffic from Turkey.

January 16, 2023 | Asia

Regional interoperability key to modal shift

The opening of a new 414km electrified standard gauge line between Laos and China in December 2021 has the potential to accelerate a shift to rail in countries across Southeast Asia, explains Sandeep Jain, economic affairs officer in the Transport Division at the World Bank.

January 16, 2023 | Financial

Morocco seeks private finance to expand rail network

Building 5100km of new lines would require $US 39bn.

January 13, 2023 | Commuter Rail

Belo Horizonte Metro concession awarded

Former Brazilian Urban Trains Company (CBTU) route privatised.

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