On February 6, the Romanian Ministry of Transport and Infrastructure published the announcement of the inquiry for consultancy services on CFR Marfă’s privatisation. Thus, the ministry expects for offers from the short list of candidates by February 16 and the short list of pre-selected bidders will then be published on the web site of the [...]
In 2012, suburban commuter rail companies will have to solve a number of strategic tasks aimed at improving the quality of services and increasing the capitalisation of the companies. This year, the companies will have to reach break-even point on their operations, develop a convenient timetable for suburban trains and coordinate it with other modes [...]
Israel’s government on Sunday gave the green light to building the first rail link between its Mediterranean and Red Sea coasts, offering a new Asia-Europe trade route to compete with the Suez Canal, Ahram Online reported. “This is a strategic decision,” Prime Minister Benjamin Netanyahu told ministers at the cabinet’s weekly meeting. It also envisages [...]
The underground line to Sofia Airport will be finalized in 2014, sooner than initially estimated, Prime Minister Boyko Borisov declared. Other lines will be finalized before the deadline. The section Mladost-Tsarigradsko Shosse will be inaugurated at the end of May-beginning of June this year and the extension to Hemus Hotel will be ready by the [...]
Container transportation and logistics group FESCO has raised its stake in container shipping company TransContainer, which is controlled by Russian Railways, from 18.5% to 21.5%. The development strategy of the company is implemented under previously established plans on the 100% stake in TransContainer. Currently, Fesco is the second big holder of TransContainer, “the acquisition of [...]
Russia will continue its investments in railway infrastructure to record economic growth and to create conditions favourable to the development of the business sector. “We have adopted a railway transportation development programme through 2030 – a development programme for the airport network, integrated with the railways”, declared the Russian PM, Vladimir Putin. Russia implements railway [...]
Moldovan state-owned railway company Calea Ferata din Moldova (CFM) needs USD 415 Million investments to electrify the railway infrastructure. The investment, which envisages the electrification of some 1,450 kilometres of railway, will allow trains to triple their speed and will lead to a 25%-30% cut in maintenance costs. Source: www.limun.hr Recommend on Facebook Share on [...]
On February 6, the Romanian Ministry of Transport and Infrastructure published the announcement of the inquiry for consultancy services on CFR Marfă’s privatisation. Thus, the ministry expects for offers from the short list of candidates by February 16 and the short list of pre-selected bidders will then be published on the web site of the [...]
The World Bank announced that it is making USD 27 Billion in funding available over the next two years for countries of Emerging Europe and Central Asia (ECA) impacted by the Eurozone crisis. “While the effects of the Eurozone crisis on the largest economies of Western Europe receive most of the world’s attention, the crisis [...]
Azerbaijan’s state oil company, SOCAR, has become part of the neighbouring countries’ projects and currently builds a new refinery at the site of Petkim Petrokimya Holding, a project estimated at USD 5 Billion. SOCAR will totally invest in Turkey`s economy USD 17 Billion, declared the president of SOCAR Energy Turkey, Kenan Yavuz. SOCAR has already [...]
According to Estonia Statistics Institute, in 2011 the production of industrial enterprises grew by 18% compared to the previous year. The rapid growth in production grew steadily more than 20% compared to the same month of the previous year until August 2011. Since September the growth in manufacturing slowed down considerably. At the end of [...]
In 2012, suburban commuter rail companies will have to solve a number of strategic tasks aimed at improving the quality of services and increasing the capitalisation of the companies. This year, the companies will have to reach break-even point on their operations, develop a convenient timetable for suburban trains and coordinate it with other modes [...]
Spanish railway state-owned companies Euskotren and FEVE, engineering company Comsa and logistics company Transitia have set up a joint-venture to export the railway management model in other regions from Spain and abroad. The new company, Tramrail, based in Bilbao, is aimed at “providing support for the design, execution and operation of railway and tram networks [...]
The Land Transport Authority of Singapore has awarded Alstom a contract worth around EUR 240 Million to provide new trains for two metro lines. The 34 underground trains will be dedicated to the Circle Line (CCL) and North East Line (NEL), along with signalling upgrade for both lines. The underground trains will be designed in [...]
The General Manager of the Metropolitan Agency for Sustainable Development in Braşov, Dragoş David, announced on January 26 the finalization of the project called “Elaboration of the sustainable development strategy of Braşov metropolitan area”, co-financed from the European Social Fund through the Operating Programme Development of the Administrative Capacity 2007-2013, worth RON 848,043.45 (EUR 195.5 [...]
For making the traffic of buses on line 102 more efficient, the operator changes the route of the 16.75-km line starting Saturday 21, 2012 by using the intermediary terminal CET Sud Vitan. Consequently, line 102 will connect the terminals Cora Pantelimon and CET Sud Vitan, on the route Şos. Dudeşti – Pantelimon, Şos. Gării Căţelu, [...]
German Rail (DB) is to transfer some inter-city services to a new subsidiary in a move that is likely to boost the profitability of its long-distance passenger unit. DB Transport will be part of DB Regio and will take over inter-city routes 35 (Cologne – Norddeich Mole), 55 (Cologne – Leipzig) and 56 (Norddeich Mole [...]
Transmashholding is to supply state railway UZ with 230 Type 2ES4K electric freight locomotives for 3 kV DC routes and 70 Type 2ES5K locomotives for AC routes. Last August the government approved a 28.7bn hryvnia (EUR 2,71 billion) renewal programme which would see 509 locomotives ordered in 2012-16. A preliminary agreement was reached for TMH [...]
Thales has been awarded a contract by IHI Corporation to re-signal the automated people mover (APM) located within Hong Kong international airport, with a state-of-the-art solution. Thales will supply its radio-based SelTrac CBTC system for the existing lines and for a planned extension to the Midfield Concourse, which will service a third runway. The CBTC [...]
A representative delegation of the Turkish Transport Ministry led by the minister’s chief advisor Dr Metim Erebakan arrived in Tbilisi on Friday, January 20th. The delegation includes directors of the largest plants on production of cargo and passenger carriages and locomotives. The delegation held talks with the management of the Georgian railways and the Georgian [...]
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