The European Investment Bank (EIB) is supporting the rehabilitation of railway tracks with a loan of EUR 50m. The EU bank is providing the Austrian company Swietelsky Baugesellschaft mbH funds from the “InnovFin” budget, a joint financing programme of the EIB and the European Commission focusing on the promotion of
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The European Investment Bank (EIB) evaluates lending EUR 100 million to PKP Polish Railway Lines (PKP PLK) for the project Modernisation of the Warsaw railway node, phase 1: railway lines Warszawa Wlochy – Grodzisk Mazowiecki and Warszawa Golabki/ Warszawa Zachodnia – Warszawa Gdanska. The project will help remove bottlenecks and increase capacity, primarily
EIB lends EUR 950 million to Italian Economics and Finance Ministry for FS conventional rail network
European Investment Bank (EIB) and the Italian Economics and Finance Ministry have signed an agreement for financing Rete Ferroviaria Italiana (RFI)’s investment programme. The loan agreement totalling almost EUR 1bn (EUR 950m to be exact) to finance the upgrading of conventional railway lines and regional and local routes in northern and southern
The EIB loan supporting rehabilitation in the railway sector will co-finance projects with a total cost of EUR 1.2 billion. The individual sub-projects are located throughout Hungary. They are focused on the rehabilitation and reconstruction of various TEN-T railway lines, purchase of 42 Electric Multiple Units for commuter railway traffic around Budapest and
EUR 600m EIB loan for Austrian Federal Railways
Austrian Federal Railways (ÖBB) received a EUR 600 million loan from the European Investment Bank (EIB) for the modernisation of the railway infrastructure. ÖBB will use the loan for carrying out upgrading works planned until 2017. Activities will include track renewals, signalling and telecommunications projects, railway stations modernisation, bridges, power systems, level crossings
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EIB and ATTIKO METRO S.A. signed a EUR 200 million loan agreement, representing the 1st installment of the overall credited amount of EUR 400 million, approved by the EIB for the Thessaloniki Metro Extension to Kalamaria. “The EIB, once again, gives its vote of confidence in the work and know-how of ATTIKO METRO S.A., since ATTIKO
Bulgaria: NRIC and EIB to cooperate on setting the Track Access Charges
The Government adopted a decision on taking actions towards the signing of an agreement for technical assistance on behalf of European Investment Bank to Bulgaria’s National Railway Infrastructure Company (NRIC), aimed at supporting the Bulgarian administration and in particular NRIC, to establish an adequate calculation methodology of the Track Access
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EIB: 36 modern tramways and 40 stationary ticket machines for Krakow Agglomeration – Stage 2 project
EIB appraises the third part of the project Integrated transport system in Krakow Agglomeration – Stage 2. The project implemented by Miejskie Przedsiębiorstwo Komunikacyjne S.A (MPK), Krakow’s main public transport organisation, has the objective to improve the functioning of the Krakow city transport through the purchase of 36 modern tram cars and 40
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EIB: EUR 268 million loan to PKP SA for upgrading 58 km of electrified railway line
The European Investment Bank (EIB) is lending EUR 268 million to the manager of the national railway network in Poland, PKP Polskie Linie Kolejowe S.A. (PLK), for the upgrading of 58 km of an existing electrified railway line (E30) from Katowice to Kraków. Thanks to the EIB loan, a number
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EIB supports construction of Beskyd railway tunnel linking Ukraine with the EU
The European Investment Bank (EIB) is lending EUR 55 million to finance the construction of a new 1.8 km twin-track railway tunnel in Ukraine on the Eastern Partnership regional network to improve transport connections between the country and the European Union. EIB Vice-President László Baranyay, responsible for lending operations in
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