(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
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged climate goals, climate neutral by 2050, Czech Finance Minister Zbynek Stanjura, Czech Ministry of Finance, Czech Republic, Czech Transport Minister Martin Kupka, economic revitalization, EIB, energy efficiency, environmental sustainability, ERTMS, EU subsidies, European Commission, European Investment Bank, European Just Transition Mechanism, European Rail Traffic Management System, loan, partnership, passenger comfort, Public Sector Loan Facility, Rail Modernization, rail safety, rail services, rail upgrades, railway infrastructure, railway stations, reconstruction, regional cohesion, Road transport, Správa železnic, sustainability, TEN-T, Trans-European Transport Network, TRANSPORT
(IN BRIEF) The European Investment Bank (EIB) has signed a historic loan agreement worth CZK 24 billion (€992 million) with the Czech Ministry of Finance to support the transformation of the country’s rail network. This monumental financing deal, the largest … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Czech Republic, EIB, Kris Peeters, Martin Kupka, Modernisation, partnership, rail network, Správa železnic, sustainability, TEN-T, Zbyněk Stanjura
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