The Croatian government has approved the loan agreements between the companies within the national rail operator Hrvatske Zeljeznice (HZ) and the International Bank of Reconstruction and Development (IBRD). The government approved a EUR 79 million loan for HZ Infrastruktura, a EUR 41.5 million loan for HZ Cargo and a EUR
Policy & Regulation
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
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
Serbian Railways will soon be separated into three companies: railway infrastructure manager, railway freight operator and passenger operator, said Zorana Mihajlovic, Serbian Deputy Prime Minister and Minister of Construction, Transport and Infrastructure. The entities will initially carry out operations as part of a holding company and after a transition period will operate independently.
The latest version of the Transport Master Plan foresees investments totalling EUR 19 billion until 2030. The projects will focus on rehabilitation of 3.219 km of railway lines and 1.131 km of railways with economic potential, for the electrification of all sectors of the TEN-T core network (425 km), the development of high-speed railway sections (over
Rail passengers will benefit from free wi-fi on trains across England and Wales from 2017, Rail Minister Claire Perry. Rail operators are being asked to set how they will meet the commitment to provide this important service for passengers. All train operators bidding for new franchises and direct award agreements
The European Commission has published nine studies on the state of play and the development needs of the TEN-T core network corridors. The studies have identified infrastructure development needs which represent approximately €700 billion of financial investment until 2030. They highlight the importance of optimising the use of infrastructure along the corridors, notably
The Croatian government has approved and guaranteed for HZ Infrastruktura two loans worth HRK 1.25 billion (EUR 163 million, to modernise and build railway infrastructure and for severance payments. A HRK 1 billion loan from Erste&Steiermaerkische Bank, Societe Generale-Splitska Banka and OTP Bank will be used to finance the rehabilitation of four railway
The Romanian Ministry of Transport intends, for the second time, to partially exempt railway services from the application of the EU Regulation 1371/2007 on Rail Passenger Rights for another five years, until 2019. “The granting of these exemption for the next five years is highly necessary, since is is very difficult to ensure the
The Russian Ministry of Transport and Russian Railways (RZD) agreed an updated version of the strategy for developing rail transport up to 2030. The conservative scenario assumes an investment of RUB 12.5 trillion up to 2030 and a 44% increase of the loading volume on RZD’s network, compared to 2013, reaching 1.78 billion tons. While the innovative scenario assumes an investment of RUB
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Business Intelligence
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