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
EU Railway Data
The EU’s TEN-T Programme will support with over €15 million the development and installation of the common European Train Control System (ETCS) in Belgium, Luxembourg, Denmark and The UK. The new system is expected to improve the interoperability, safety, reliability and capacity on European railways. Seven separate projects aim to
The EU plans to commit EUR 1 billion for transport and energy infrastructure in Western Balkans countries, EU commissioner in charge of enlargement Johannes Hahn announced Wednesday at the first meeting with Western Balkans Ministers of Foreign Affairs and Ministers of Transport. “The European Union is not only at your disposal at your side
The European Commission has opened an in-depth investigation to examine whether the public financing of a test centre for high-speed trains and related equipment (the Centro de Ensayos de Alta Tecnología Ferroviaria, CEATF) near Malaga in Spain is compatible with EU state aid rules. Under Spain’s current plans, the project
Six companies in the railway industry, Alstom Transport, Bombardier Transportation, Deutsche Bahn, Knorr Bremse, Nederlandse Spoorwegen and SNCF have lunched Railsponsible, a collaborative initiative focused on sustainable procurement to improve sustainability throughout the entire supply chain. Railsponsible aims to share best practices and processes, drive a common understanding across the industry, and use and
PKP Polish Railway Lines (PKP PLK) has submitted seven investment projects worth PLN 10 bn (EUR 2.4bn) for CEF financial support. The infrastructure manager plans to modernise 570 km of railway lines. Modernisation works will include track renewal, installation signaling equipment and the construction of new railway viaducts and bridges. According to Marcin Mochocki, PKP PLK Planning and Strategy Director,
Latvia, Estonia and Lithuania and the joint-stock company RB Rail have submitted a joint application to the European Commission signed by the transport ministers of all three countries, seeking approximately EUR 620 million funding for the first round of implementation of the Rail Baltica project from the Connecting Europe Facility
An amount of BGN 250-300 million (EUR 127 – 153 million) is planned to be invested this period in Bulgarian State Railways (BDZ), stated for local press the Bulgarian Minister of Transport, information Technology and Communications Ivaylo Moskovski. “The source will be the state budget, but I have not crossed out the
Keller Group has announced that it has been awarded a major contract in connection with the construction of the Koralm railway line between Graz and Klagenfurt, in southern Austria. The work comprises jet grouting, bored piling and anchor works as part of the soil preparation works above and beneath ground
STIF has ordered a further ten MI09 double-deck trains from the Alstom-Bombardier consortium. The total amount of the contract is €150 million, including €95 million for Alstom. This order relates to a purchase option on a contract awarded to the Alstom-Bombardier consortium in 2009. The new trains – which will
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Business Intelligence
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