Tag Archives: railway infrastructure

EIB Increases Support for Czech Republic with €2.47 Billion Investment in Key Infrastructure and SMEs

(IN BRIEF) The European Investment Bank (EIB) has significantly increased its financing in the Czech Republic, rising to €2.47 billion in 2024. This marks a 33% growth from 2023, with key investments in infrastructure, the railway and energy sectors, and … Read the full press release

EIB Supports Czech Rail Upgrades with €466 Million Loan to Enhance Sustainability and Safety

(IN BRIEF) The EIB is loaning €466 million to the Czech Republic to upgrade railway infrastructure as part of a larger European effort to improve rail services and meet climate goals. The funding will support key projects such as the … Read the full press release

EU Boosts Moldova’s Forestry and Railway Infrastructure with €212 Million Investment

(IN BRIEF) The European Union has announced two key investments to support Moldova’s development: a €200 million loan from the European Investment Bank (EIB) for forest expansion and a €12 million EU grant to upgrade the country’s railway infrastructure. The … Read the full press release

Sustainable Transportation Milestone: EIB Allocates €400 Million for Croatia’s Railways

(IN BRIEF) The European Investment Bank (EIB) has signed a €400 million contract with Croatia’s Ministry of Finance to support the country’s railway infrastructure and rolling stock upgrade. Part of a €900 million commitment, this financing aims to promote sustainable … Read the full press release

Alstom Wins Contract to Develop Innovative ERTMS System for Spanish Railways

(IN BRIEF) Railway infrastructure manager Adif has awarded Alstom a €13.7m contract to develop an innovative railway safety innovation project in Spain. Alstom will develop a new application of the European Traffic Management System (ERTMS) for low density lines, introducing … Read the full press release

Cargotec’s Hiab brings its famous truck mounted loader cranes to the railway industry

(PRESS RELEASE) HELSINKI, 7-Sep-2022 — /EuropaWire/ — Cargotec Corporation (HEL: CGCBV), a Finnish company that makes cargo-handling machinery for ships, ports, terminals and local distribution, has announced that its subsidiary Hiab, a leading provider of smart and sustainable load handling … Read the full press release

Alstom lands EUR 876 million French Gov funded contract for the upgrade of Cairo Metro Line 1 in Egypt

An 876 million euro[1] contract by National Authority for Tunnels, for Cairo Line 1 upgrades 55 Metropolis trains: brings state-of-the-art technology and 8-year maintenance programme (PRESS RELEASE) SAINT-OUEN, 8-Nov-2021 — /EuropaWire/ — Alstom (EPA: ALO), a French multinational rolling stock manufacturer, … Read the full press release

The European Investment Bank to finance Hungary’s railway infrastructure rehabilitation and upgrade with EUR 250 million

Luxembourg / Budapest, Hungary, 9-1-2014 — /EuropaWire/ — The European Investment Bank (EIB) is lending EUR 250 million to finance the implementation ofHungary’s railway infrastructure rehabilitation and upgrading investment programme for the period2013-2016. The objective is to improve the safety, capacity and performance of the existingconventional railway infrastructure with positive impacts on commuters and … Read the full press release

EIB signs EUR 50M loan agreement with Lithuanian Railways

Vilnius, 4-6-2013 — /europawire.eu/ —  The President of the European Investment Bank (EIB), Werner Hoyer, has signed a EUR 50 million loan agreement with Lithuanian Railways today for the acquisition of modern rolling stock. After the support for the upgrading of … Read the full press release