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Tag "Croatia"

    New EMU for Croatian Railways enters passenger service

New EMU for Croatian Railways enters passenger service

The first of the 32 EMUs manufactured by KONČAR – Electric Vehicles for HŽ Putnički prijevoz (HŽ PP) started regular operation on Zagreb – Koprivnica and  Zagreb – Sisak – Sunja regional routes. This first train is a four-part electric low-floor train. Its maximum speed is 160 km/h, it has 210 seats, and a total capacity

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Government approves EUR 163.5 million loans for Croatian railways

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

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Croatia: Tender for the upgrade of Dugo Selo-Krizevci railway line cancelled again

The tender for the construction of a second track and the reconstruction of the 38.2 km Dugo Selo-Krizevci railway line section has been postponed for the second time, the Croatian state-owned railway infrastructure manager HZ Infrastruktura announced. Two companies submitted offers: OHL and a Swietelsky – lead consortium formed of several Croatian companies, including state owned

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    EUR 130 million loan for the development of Croatian Railways

EUR 130 million loan for the development of Croatian Railways

Croatian government has accepted the Croatian railways’ sustainable development project, which stipulates a HRK 1 billion (EUR 130 million) loan to pay for severance packages and for investing in increasing the competitiveness of HŽ Infrastruktura, HŽ Putnički prijevoz and HŽ Cargo. The three companies will secure the loan from the European Bank for Reconstruction and Development (EBRD),

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    HŽ Infrastruktura and Vossloh Rail Services sign contract for rail maintenance services

HŽ Infrastruktura and Vossloh Rail Services sign contract for rail maintenance services

HŽ Infrastruktura and Vossloh Rail Services signed a  EUR 4.5 million framework agreement for rail maintenance services in Croatia.  The framework agreement includes rail measurement and testing, data analysis, and rail machining using different technological procedures. “Through a prior survey of the current condition of the track infrastructure as part of our intelligent rail-management process, it

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    Croatian Koncar – Elektricna Vozila is looking for strategic partners

Croatian Koncar – Elektricna Vozila is looking for strategic partners

Croatian Prime Minister Zoran Milanovic, accompanied by representatives of  HZ Putnicki, has visited the rolling stock manufacturing plant of Koncar – Elektricna Vozila. In January 2011, the Croatian company was awarded a HRK 1.63 billion (EUR 213 million) contract to supply a total of 44 diesel and electric multiple-units. The production is

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    Croatia: EU to finance reconstruction of Dugo Selo – Križevci railway section

Croatia: EU to finance reconstruction of Dugo Selo – Križevci railway section

Croatia has received the European Commission decision for co-financing the construction of a second track and reconstruction of Dugo Selo – Križevci railway section, part of the Corridor Vb and M201 State border – Koprivnica – Dugo Selo railway line. The total value of the project is estimated at EUR 198 million, with the European Regional

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    Croatian state-owned railway companies to continue the restructuring process in 2015

Croatian state-owned railway companies to continue the restructuring process in 2015

The restructuring of state-owned railway freight operator HZ Cargo will continue in 2015, when a new attempt to privatise  the company may be considered, a document posted on the website of Croatia’s state asset management office, DUUDI. HZ Cargo is expected to record a gross loss of 16.7 million kuna

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    Croatian government approved HZ Cargo a loan from Zagrebacka Banka

Croatian government approved HZ Cargo a loan from Zagrebacka Banka

The Croatian government has approved HZ Cargo to take a HRK 15.4 million (EUR 2 million)  loan from Zagrebacka Banka, in order to refinance a short term credit. HZ Cargo is in the process of implementing its restructuring and financial consolidation program and the loan repayment causes additional liquidity problems for the company, slowing the process,

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    Reconstruction of Rijeka – Brajdica container railway station estimated at EUR 24 million

Reconstruction of Rijeka – Brajdica container railway station estimated at EUR 24 million

The reconstruction works of  Rijeka – Brajdica cargo railway station project, part of Rijeka Gateway II, are estimated at EUR 24 million. The facility is currently considered a bottleneck for Rijeka container transport. The design documentation for the station have already been carried our by Željeznicko projektno društvo d.d. (ZPD). The consultant had

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