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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 and technical equipment.

Photo: OBB

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