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Rail Freight

PKP Cargo reports solid financial results for 2014

n 2014, PKP CARGO Group reached 57% of share in rail freight market in terms of transport performance and more than 48% in terms of freight volume. In terms of freight volume, share of PKP CARGO Group increased cumulatively for seven months in a row, from June to December, whereas in terms of transport performance for four months in a row between September and end of the year. More

 

New privatisation deadline for Romania’s state-owned rail freight operator

The privatization process of the Romanian state-owned rail freight operator CFR Marfa will be completed in 2016, following the agreement signed with the International Monetary Fund, stated by Ioan Rus, Minister of Transport. More

 

Cargo Wagon, company founded in order to acquire the Slovak State Rail Freight Operator’s fleet launched

VTG Aktiengesellschaft, ZSSK CARGO and another investor are participating in the launch of Cargo Wagon a.s., a company founded in order to acquire the Slovak State Rail Freight Operator’s fleet. ZSSK CARGO will retain 34 percent of the shares, while VTG and the group of investors will each acquire 33 percent. More

 

PKP CARGO and HZ Cargo sign cooperation agreement

PKP CARGO and HZ Cargo, the Croatian national rail freight operator, have signed a strategic cooperation agreement on providing services to their current customers, shipping the freight within the Baltic – Adriatic Corridor and establish joint logistics offer for the prospects. More

Belarusian Railways to implement new technologies in 2015 [Log in/Subscribe for free to view infomation]

Belarusian Railways plans to implement a package of measures to create and master science-consuming products and raw materials, automation and mechanization of production processes, provision of new equipment and innovative technologies for its branch facilities. More

 

United Wagon Company and Russian Railways launch joint training centers

“United Wagon Company” (RPC UWC) and Russian Railways have opened joint training centers for providing additional training to the staff of the Central Directorate for Infrastructure (CDI), Russian Railways’ branch. The training centers will help develop the technology needed to operate rolling stock with improved technical and economic features. More

 

Rolling stock

Uralvagonzavod to supply 2900 freight wagons to Azerbaijan Railways

Russian rolling stock manufacturer UralVagonZavod Research and Production Corporation and Azerbaijan Railways (Az?rbaycan D?mir Yollari QSC) signed a contract for the supply of 2,900 freight wagons. More

Hitachi Rail Europe signs contract with Abellio to provide 70 trains for ScotRail franchise

Hitachi Rail Europe and Abellio have signed a contract for the provision and maintenance of 70 new trains for the upcoming ScotRail franchise. The contract is being financed by Caledonian Rail Leasing Ltd, a Special Purpose Vehicle created by SMBC Leasing. More

 

Metro

Alstom signs EUR 2 million contract to maintain Trensurb metros for Porto Alegre Metro line 1

Alstom signed a contract with Empresa de Trens Urbanos de Porto Alegre (Trensurb) to provide preventive maintenance for 15 metro trains. The contract is worth around EUR 2 million and covers 5-year maintenance starting from this month. More

 

Documentation for Bucharest underground network connection with Otopeni Airport ready in April

The documentation for Bucharest underground Line VI, Gara de Nord – Henri Coanda Otopeni Airport Otopeni Airport connection will be ready next month, stated Ioan Rus, Romanian Minister of Transport for the local press. More

 

Warsaw’s second metro line inaugurated

Warsaw’s second metro line was inaugurated on Sunday, with free travel for passengers. The 6.5 km long central section connects the West to East of Warsaw, from Dworzec Wilenski to Rondo Daszynskiego station. More

 

Infrastructure

Bulgaria: Burgas railway station modernisation begins

Construction works for the modernisation of Burgas railway station were launched today, informed the Bulgarian National Railway Infrastructure Company (NRIC). The building will undergo renovations to meet energy efficiency requirements, with high-quality and energy-efficient materials being used in the renovation process of the architectural monument. More

 

EIB co-finances Swietelsky’s research project

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 research and development activities (R&D) in Europe. More

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