SERBIAN Railways (ZS) president Mr Dragoljub Simonović and Mr Sergey Pavlov, CEO of Russian Railways (RZD) subsidiary RZD International, have signed a $US 800m loan agreement which will finance the renewal of rolling stock and infrastructure in what is described as the largest investment in the Serbian network for decades.
ŠKODA Transportation's newest LRV, the 26T, began testing in Pilsen, Czech Republic, on May 15 ahead of delivery of the first two vehicles to the northern Hungarian city of Miskolc in July.
SOUTHERN California Regional Rail Authority (Metrolink) has become the first US operator to place an order for diesels meeting the latest US EPA Tier 4 emissions standards, after awarding Electro-Motive Diesel (EMD) a contract to supply 20 F125 Spirit Locomotives.
PASSENGER Rail Agency of South Africa (Prasa) has awarded a consortium of Thales and local partner Maziya the Rand 1.86bn ($US 186m) Western Cape New Signalling contract, which is a key part of Prasa's National New Signalling Programme.
ŠKODA Transportation has agreed a 10-year technology licensing contract with CSR Qingdao Sifang to produce up to 400 ForCity (15T) low-floor LRV cars for the Chinese market.
NETHERLANDS Railways (NS) has appointed Dr Timo Huges as CEO following Mr Bert Meerstadt's decision to step down from the position on October 1.
THE saga surrounding Fyra cross-border services between the Netherlands and Belgium took another twist on May 31, when Belgian National Railways (SNCB) announced it had cancelled its order for V250 high-speed trains with AnsaldoBreda.
MTR Shenzhen, the operator of Shenzhen Metro Line 4, has awarded Nanjing SR Puzhen Rail Transport (NPRT) a Yuan 420m ($US 67.74m) contract to supply 56 metro cars which will be delivered in 2013-14.
IRJ at the 1520 Strategic Partnership: Mr Vladimir Yakunin, president of Russian Railways (RZD), has confirmed that the first high-speed line to be built in Russia will connect Moscow with Kazan.
THE president of Russian Railways (RZD), Mr Vladimir Yakunin, has pledged that the Russian rail network will continue to be vertically integrated for at least another two years.