ON JUNE 15 European Investment Bank Vice-President Isabel Martín signed a loan contract to provide Spanish infrastructure authority ADIF with €400m over a 30-year term for construction of the high speed line between Madrid, Barcelona and Figueres, representing the final tranche of EIB funding for this project which now stands at €2·5bn.
Under a separate agreement, EIB is to lend ADIF a further €200m towards the cost of the Córdoba - M
UK: ‘We in the rail sector must be objective and honest about what we are good at’, Network Rail Chief Executive Andrew Haines told a conference in Birmingham on October 3, as he reflected on how the industry can plot its way through the uncertainty of the post-Covid period.
EUROPE: Senior figures from across the UK rail sector came together at the Rail Partners with Ukraine event to hear how national railway Ukrzaliznytsia is keeping trains running under wartime conditions, and to raise money to fund food parcels for Ukrainian railway workers and their families. ...
INDIA: Publishing its final results for the 2022-23 financial year, Indian Railways has reported a 27·75% increase in revenue for the 12 months to March 31. Reflecting economic buoyancy in the face of global headwinds, the national railway reported revenues of Rs2·44tr for the year. This ...
