Skanska to build light-rail line in Bergen, Norway
Swedish construction company Skanska has secured an Nkr982m ($113.4m) contract to build a subsection of the light-rail system in Bergen, Norway.
Bombardier introduces light-rail vehicle safety system
Bombardier Transportation has unveiled a safety system for urban light-rail vehicles at the UITP Global Public Transportation Summit in Stockholm, Sweden.
AIIB approves $335m for Bangalore Metro in India
Asian Infrastructure Investment Bank (AIIB) has agreed to lend $335m for the second phase of the Bangalore Metro project in Karnataka, India.
Russian Railways orders 13 high-speed Velaro RUS trains
Russian Railways (RZD) has placed a nearly €1.1bn order with Siemens Mobility and Ural Locomotives, a joint venture (JV) of the Sinara Group and Siemens, to procure 13 high-speed Velaro RUS trains.