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Key CEF grant agreements for Bulgarian and Romanian rail projects signed

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Romania and Bulgaria have signed with INEA -Innovation and Networks Executive Agency two key CEF grant agreements for key rail infrastructure projects. Bulgarian National railway infrastructure company (NRIC) has received over EUR 151 million of funding for important upgrades to a 24.4 km rail section between Kostenets and Septemvri on the Orient-East …

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Russian Railways considers establishing European rail operating company

Russian Railways launches 2016 - 2020 Innovative Development Programme

Russian Railways (RZD) is considering the possibility of establishing and developing a rail operating company in Europe, informs Kommersant. According to Alexander Misharin, first vice-president of RZD, this could be the viable alternative to purchasing a debt-ridden rail operator. Previously, Misharin stated that RZD was interested in acquiring rail operators in Serbia, Greece and Germany.  In April …

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Italian state railway group is the sole bidder in TrainOSE privatisation

Italian state railway group is the sole bidder in TrainOSE privatisation

The Hellenic Republic Asset Development Fund (HRADF) has announced that the procedure for the submission of binding offers for the sale of 100% stake in TrainOSE SA. and EESSTY SA. (ROSCO) was completed today. Regarding TRAINOSE, a binding offer was submitted by Ferrovie Dello Stato Italiane S.p.A. The relevant procedure described …

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Poland completes Europe’s first CEF financed rail project

PKP Polish Railways Lines completes first CEF financed project

PKP Polish Railways Lines (PKP PLK) has completed Europe’s first project financed with Connecting Europe Facility (CEF). “Improvement of safety on the Central Railway Line (CMK)” project covered the removal of 2 railway level crossings and the construction of road viaducts. The PLN 17.5 bn investment, of which PLN 14.9 represented CEF …

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Railways of Bosnia-Herzegovina to be privatised in 2019

Railways of Bosnia-Herzegovina to be privatised in 2019

Bosnia and Herzegovina Government (BiH) is preparing to restart the privatization and restructuring process of selected state owned enterprises, including its Federal Railways (ŽFBH). ŽFBH privatisation process is planned for Q2 2019 and represents one of the measures to be implemented following the financial agreement with the International Monetary Fund (IMF).  IMF and BiH authorities have reached an …

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Greece relaunches tender for TrainOSE privatisation

Italian state railway group is the sole bidder in TrainOSE privatisation

The Hellenic Republic Asset Development Fund (HRADF) has announced it has decided to relaunch the international tender for the sale of 100% stake in TrainOSE.   HRADF’s goal is to raise the investor’s interest on TrainOSE, which currently operates as the sole provider of rail services in Greece. Each interested party wishing to …

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PKP Polish Railway Lines to launch tenders worth PLN 11 bn this year

PKP Polish Railway Lines to launch tenders worth PLN 11 bn this year

Polish state owned infrastructure manager PKP Polish Railway Lines plans to make investments worth more than PLN 50 bn (EUR 12.4 bn) until 2023. Later this year, PKP PLK will launch tenders with a total value of PLN 11 bn (EUR 2.7 bn). The infrastructure manager has already started making …

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Russian Railways and Vietnam Railways sign MoU

Russian Railways and Vietnam Railways have sign a memorandum of understanding, in the framework of the official visit of Russian Prime Minister Dmitry Medvedev in the Socialist Republic of Vietnam. According to the document, the organisations will cooperate in the areas of logistics, infrastructure projects, experience exchange, scientific and technical information sharing. The …

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Swiss Federal Railways develops railway infrastructure asset management solution

Swiss Federal Railways develops railway infrastructure asset management solution

Swiss Federal Railways (SBB AG) has used the TatukGIS Developer Kernel for the development of its “DfA Reports” software application, which is used to manage a database of fixed railway asset installations across Switzerland. The DfA Reports application prepares and displays extensive infrastructure reports for the Swiss Federal Railways (SBB/CFF/FFS), …

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Trenitalia presents Swing and Jazz multiple units to Regione Toscana

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Gruppo Ferrovie dello Stato Trenitalia has presented to Mr Enrico Rossi, President of the Toscana Region (Regione Toscana) the new trains manufactured by Pesa and Alstom. The event took place at Florence Santa Maria Novella railway station, on February 13. The 13 Swing DMUs (ATR 220) manufactured by Polish Pesa Bydgoszcz, two purchased by Trenitalia and …

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