The Finnish City of Tampere announced that Turkish company Gulermak and three other consortia have prequalified in the tender for the Tampere tramway project: 1. LEMMINKAINEN (Finland) – RAMBOLL (Denmark) – ALSTOM (France) – INSINORRIT SUNNITELU (Finland): 137.75 Point / 160 2. GULERMAK (Turkey) : 134.80 Point / 160 3. DESTIA (Finland)
The railway companies of Kazakhstan, Turkey, Georgia and Azerbaijan have planned to increase the volume of rail freight traffic on the Trans-Caspian international transport routes to 5.5 million tons of /year. The decision was taken during the meeting of the coordination committee of the Trans-Caspian international transport route, organised in Baku. The companies
Turkish company Tumosan to sign MoU with Patentes Talgo
Turkish tractors and diesel motors manufacturer Tumosan Motor ve Traktor Sanayi announced it will sign a memorandum of understanding with Patentes Talgo SLU on production, sales and maintenance of train equipment. The agreement is in line with Tumosan’ s strategy to enter the train, high-speed train and railroad materials and
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Turkish tractors and diesel motors maker Tumosan Motor ve Traktor Sanayi has decided to seek partners to enter the train, high-speed train and railway materials and equipment production, maintenance and repair business. The company’s board has authorised its chairman Nuri Albayrak to conduct negotiations regarding joint projects, joint ventures or
Istanbul Metropolitan Municipality announced for January a tender for the construction of Kabataş-Mecidiyeköy metro line. The 6.5 km long line extension will connect eight districts (Beyoğlu, Beşiktaş, Şişli, Kağıthane, Eyüp, Gaziosmanpaşa, Esenler and Bağcılar). Works are expected to early start this year and to be completed by end of 2018. The metro line
Hyundai Rotem announced it has received a KRW 103.8bn (EUR 77.5 million) order from Istanbul Metropolitan Municipality for the supply of 68 metro cars. The rolling stock will enter service on M2 Yenikapi – Haciosman Metro Line. The metro cars will be produced in Hyundai Rotem’s factory in Adana (Turkey) and will be delivered in the second half
Revenues&Losses Turkish State Railways (TCDD) posted a loss of TL 1.28 billion (EUR 461 million) in 2013, the largest loss of all the State Economic Enterprises (KIT). TCDD’s losses increased by 45.9 % since 2012, from TL 877.5 million. The company’s total revenues reached TL 2.54 bn (EUR 214 million). TCDD
Turkey’s third-largest city, Izmir, is expanding its light-rail system with a comprehensive financing package put together by the European Bank for Reconstruction and Development (EBRD) and its partners. To meet growing demand Izmir is investing EUR 157 million in a significant expansion of its urban transport network. The EBRD is
Istanbul Metropolitan Municipality budget for 2015 was set at TRY 12.25 billion (EUR 4.40 billion). TRY 1.19 billion (EUR 427 million) will be allocated to the development of the railway network on Istanbul’s Asian side, while an amount of TRY 832 million (EUR 298 million) goes to railway projects on the European side. TRY 732 million
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