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Business

Hungary’s EU Presidency: A Chance to Prioritize Rail Competitiveness and Investment

Hungary’s EU Presidency: A Chance to Prioritize Rail Competitiveness and Investment

Reducing administrative burdens, driving growth, and ensuring opportunities to create jobs through investment in Europe’s rail, are opportunities for the Hungarian Government to lead the way as it takes the Presidency of the Council of the EU from Belgium.

04 / 07 / 2024
Business
Major Layoffs Announced at PKP CARGO: Up to 30% Workforce Affected

Major Layoffs Announced at PKP CARGO: Up to 30% Workforce Affected

The management of PKP CARGO S.A. has announced its decision to initiate group layoffs across its facilities…

04 / 07 / 2024
Business
PKP Intercity and PKP Cargo Sign Employment Agreement for 400 Workers

PKP Intercity and PKP Cargo Sign Employment Agreement for 400 Workers

PKP Intercity S.A. and PKP Cargo S.A. have announced a collaborative program designed to transition…

27 / 06 / 2024
Business
PKP Cargo Pursues Legal Action Against Former Management and Ex-PM Morawiecki

PKP Cargo Pursues Legal Action Against Former Management and Ex-PM Morawiecki

PKP Cargo, Poland’s state rail freight operator, has initiated legal proceedings against its former management…

26 / 06 / 2024
Business
VPI Chairman Malte Lawrenz Secures Unanimous Support for Continued Leadership

VPI Chairman Malte Lawrenz Secures Unanimous Support for Continued Leadership

The 168 delegates of the General Assembly of the Association of Private Freight Wagon Users in Germany…

24 / 06 / 2024
Business
CER Welcomes EU Council’s Rail Capacity Regulation but Cites Areas for Improvement

CER Welcomes EU Council’s Rail Capacity Regulation but Cites Areas for Improvement

EU Transport Ministers today agreed on a General Approach to the Proposal for a Regulation on the use of railway infrastructure capacity and…

24 / 06 / 2024
Business
Nexxiot Appoints Maximilian Eichhorn as New CEO to Drive Digital Innovation

Nexxiot Appoints Maximilian Eichhorn as New CEO to Drive Digital Innovation

Swiss asset intelligence firm Nexxiot, in which Knorr-Bremse is the largest shareholder, is making changes to its top management team. By resolution of…

20 / 06 / 2024
Business
ERA Seeks New Executive Director to Lead European Railways Integration—Here's All You Need to Know

ERA Seeks New Executive Director to Lead European Railways Integration—Here's All You Need to Know

The European Union Agency for Railways (ERA) has announced the commencement of its search for a new Executive Director. Interested candidates are…

19 / 06 / 2024
Business
Polish Giant Budimex Strengthens Central European Rail Ties at Rail Business Days

Polish Giant Budimex Strengthens Central European Rail Ties at Rail Business Days

Budimex, a major Polish company renowned for its expertise in developing and constructing high-speed rail networks, was one of the key partners at…

19 / 06 / 2024
Business
Stadler Pushes for Open Competitions in Czech Republic Tenders

Stadler Pushes for Open Competitions in Czech Republic Tenders

Stadler Rail is keen on participating in tenders for train sets issued in the Czech Republic. However, the company’s Vice President, Ansgar Brockmeyer,…

18 / 06 / 2024
Business
CargoBeamer Secures EUR 140 Million to Boost European Freight Transport

CargoBeamer Secures EUR 140 Million to Boost European Freight Transport

CargoBeamer has secured EUR 140 million from public and private investors in its latest Series B financing round. This funding will be used to expand its…

18 / 06 / 2024
Business
UNIFE Calls for Increased Rail Funding and Business Support to Modernize Europe’s Rail Network

UNIFE Calls for Increased Rail Funding and Business Support to Modernize Europe’s Rail Network

More funding for rail programs and better conditions for European business could dramatically modernize both Europe’s rail network and economy, as outlined…

17 / 06 / 2024
Business
Škoda Group Revenue Rises, Profits Fall Due to COVID-19 and Ukraine

Škoda Group Revenue Rises, Profits Fall Due to COVID-19 and Ukraine

Škoda Group reports a rise in revenue but a decrease in profits due to the pandemic and the Russian war in Ukraine. Despite the challenges, the…

13 / 06 / 2024
Business
EXCITING: Innofreight Showcases Metal Valley with Branded Train Initiative

EXCITING: Innofreight Showcases Metal Valley with Branded Train Initiative

Innofreight has launched the Metal Valley Train initiative, aiming to promote the unique central Upper Styria region, known as Metal Valley, across Europe.…

12 / 06 / 2024
Business
PKP CARGO Steps Up Partnership with COSCO SHIPPING to Boost Intermodal Transport

PKP CARGO Steps Up Partnership with COSCO SHIPPING to Boost Intermodal Transport

PKP CARGO S.A., a major player in rail logistics, is focusing more on intermodal transport, seeing it as a key area for growth.

11 / 06 / 2024
Business
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