Category: Passenger transport

Czech Railways to buy new trains

Czech Railways to buy new trains

06/08/2014 | Comments (0)

The state-owned Czech Railways has bought 14 new trains to run on longer domestic routes, the company announced in a press release. The contract for the new vehicles was signed with Škoda Transportation. The new trains are to be produced in 2015 and 2016. Sources suggest the move is meant to boost the firm’s competitiveness […]

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Hungarian state will buy the stakes of Bombardier MÁV Kft

Hungarian state will buy the stakes of Bombardier MÁV Kft

05/08/2014 | Comments (0)

Due diligence of state-owned companies could be concluded by the end of the summer and important developments regarding a new long-term gas purchase agreement can be expected after 20 August, said National Development Minister Miklós Seszták. In an interview with business daily Napi Gazdaság the minister said on Monday that by the end of the […]

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Hungary's Government to buy rolling stock from Bombardier MÁV Kft

Hungary’s Government to buy rolling stock from Bombardier MÁV Kft

04/08/2014 | Comments (0)

The Hungarian Government has announced it was possible to buy rolling stock from the JV set up by Bombardier and MAV. Bombardier MÁV Kft is a joint-venture including  Bombardier Transportation and MAV which activates in the passenger rolling stock manufacturing, modernisation and maintenance sector. Its main customers are GySEV, BKV, as well as national and […]

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Ukrzaliznytsia applies European reform

Ukrzaliznytsia applies European reform

01/08/2014 | Comments (0)

“After reforms, investment into the sector will triple from the existing UAH 7.5 Billion (EUR 466 Million) a year to UAH 26.5 Million (EUR 1.64 Million) a year. All these will give a chance to finally start the large-scale re-equipment of the sector, upgrade rolling stock with modern equipment”, the head of Ukrzaliznytsia Ostapiuk said. […]

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New passenger railway operator in the Romanian market

New passenger railway operator in the Romanian market

01/08/2014 | Comments (0)

A new railway passenger transport operator, Softrans, will enter the Romanian market from 1 August to 13 September with trains operating on the Craiova-Bucharest-Constanța route. The tickets are sold inside the trains or online and passengers will have free internet access. “The travel time from Craiova to Constanţa will be six hours and those who […]

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