Slovenian Railways has made a profit for the third year in a row. The group registered a net profit of EUR 14.4 million and an operating income of EUR 557.2 million, up by 10% compared to 2013. The growth in operating income was mostly due to higher revenues from freight transport, SŽ-Tovorni transporting last year nearly
Posts From Cristina Trifon
The German rail industry registered record sales of EUR 12.5 billion in 2014, representing a a 25% increase compared to the previous year, informed the German Railway Industry Association (VDB) during at the annual press conference in Berlin. Domestic orders of rail vehicles and components increased by 44% to EUR 4.9 billion, while revenues from international business in
Volgograd plans to purchase 40 tramways until 2017, as part of the fleet renewal program. This year an amount of RUB 560 million has been allocated from the federal budget for the acquisition of trolleybuses and tramways. Until the end of May, Volgograd’s public transport operator, Municipal Unitary Enterprise MetroElectroTrans is
Works for equipping Hegyeshalom – Rajka- border railway section with ETCS (European Train Control System) have been launched. The 13 km long railway section, part of Hungary’s railway line No. I (Budapest-Hegyeshalom- Rajka), is managed by the Austrian-Hungarian infrastructure manager Gysev. Thales Rail Signalling Solutions Kft., a Thales Austria GmbH., and Dunántúli Távközlési és Biztosítóberendezési
PKP Group investments in rolling stock, railway stations and railway infrastructure reach more than PLN 30 billion (EUR 7.4 bn) between 2012-2015. In the new EU financial exercise the group aims to obtain PLN 42.8 billion (EUR 10.5) , which is about 112% more, compared to the previous perspective. According to PKP Group statement, PKP Intercity registered an increase in the number of travelers two
Russian Railways and Vietnam Railways have sign a memorandum of understanding, in the framework of the official visit of Russian Prime Minister Dmitry Medvedev in the Socialist Republic of Vietnam. According to the document, the organisations will cooperate in the areas of logistics, infrastructure projects, experience exchange, scientific and technical information sharing. The
Kazakhstan Railways (KTZ), the largest subsidiary of Sovereign Wealth Fund «Samruk-Kazyna», has tendered 35 subsidiaries and affiliated organizations, as part of the second wave of the privatization programme carried out by the fund. Since the beginning of the assets sale in 2014, KTZ has sold 14 subsidiaries and affiliated organizations, for more than
On 19 and 20 March 2015, Commissioner for Transport Violeta Bulc met in Innsbruck with the Transport Ministers of the seven Alpine States – Germany, France, Italy, Austria, Slovenia, Switzerland and Liechtenstein to discuss the development of transport solutions across the Alpine region. The Commissioner and the Ministers confirmed their joint
The three-year OSIRIS rail research project came to a close today and its findings are already helping European rail operators to reduce their energy bills and the environmental impact of their operations. The aim of the OSIRIS project, of which UITP (International Association of Public Transport) was a key partner,
Romanian state owned infrastructure manager, CFR SA has signed two contracts worth EUR 7.5 million for bridges and culverts rehabilitation works for Iasi regional subsidiary. Daria Const – Compania Constructii Feroviare consortium was awarded a EUR 3.1 million contract (lot 2) for the rehabilitation of two bridges and seven culverts on Iasi railway network . Works will take 23 months to complete. For Lot
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Business Intelligence
- EUR 12.5 bn record sales for the German rail industry in 2014 0
- Russia: Volgograd to purchase 40 tramways 0
- Georgian Railways joins Viking container train project 0
- New competitor to drive down Bulgarian Railways revenues by 19% 0
- Solaris Tramino Braunschweig in passenger service 0
- EUR 15 million EU financial support for ETCS development and installation 0
