RZD records losses in suburban commuter services in 2012

In 2012, Russian Railways would incur total losses from suburban commuter services of over RUB 25 Billion (EUR 647 Million), declared Maxim Schneider, Maxim Schneider, Head of the Centre for Corporate Governance of the Suburban Complex at Russian... ...

Russia launches complex projects for the construction of terminals and logistic centres

Russian Railways is developing the Concept of creation of terminal and logistic centres in Russia. According to the draft concept, 18 terminals will be built to handle and store cargoes. The total capacity of the terminals will be 210 million tonnes... ...

Germany/Poland: rail freight link between Germany and Poland to be upgraded

The German Federal Government is investing 370 million euros to upgrade the rail freight line from Hoyerswerda to the German-Polish border via Horka. The international rail route will be upgraded to a double-track and electrified railway line. The... ...

CSR wins high-speed train bid in Hong Kong

A subsidiary of China South Locomotive and Rolling Stock Corporation Limited (CSR) announced Tuesday that it has won a bid to provide high-speed trains for the Hong Kong section of an inter-city high-speed railway connecting Hong Kong, Shenzhen and... ...

EU authorities accelerates the implementation of ERTMS

On 16-17 April 2012, EC and the Danish Presidency opened a conference in Copenhagen on the European Rail Traffic Management System (ERTMS), the best solution for the development of the single railway area, setting a single standard for the signalling... ...

Authorities, confident about the launch of Baku-Tbilisi-Kars Railway in 2013

Baku-Tbilisi-Kars Railway designed to integrate the railway systems of Azerbaijan, Georgia and Turkey will be fully commissioned in 2013, Azerbaijani Deputy Transport Minister Musa Panahov announced. “The work under this project continues at a... ...

Poland – Ukraine – Belarus and Russia sign agreement in passenger transport for UEFA 2012

On 13 April, 2012, railway companies in Belarus, Poland, Russia and Ukraine signed a memorandum of cooperation on transport services for the European Football Championship UEFA 2012. “We are pleased that the task of providing mass transportation of... ...

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