CZ/SK verze

Business

A Tale of Two Railways: Czech Railways Takes on Debt While Poland Invests in Emission-Free Future

A Tale of Two Railways: Czech Railways Takes on Debt While Poland Invests in Emission-Free Future

Czech Railways recently signed a loan agreement with the European Investment Bank (EIB) for approximately EUR 300 million to modernize its fleet. In contrast, PKP Intercity, Poland’s national long-distance rail operator, is utilizing EU funds to invest in new, emission-free locomotives and enhancements to passenger comfort.…

07 / 11 / 2024
Business
New EU Transport Commissioner Pledges Commitment to Sustainable Mobility and Digital Transformation

New EU Transport Commissioner Pledges Commitment to Sustainable Mobility and Digital Transformation

In the European Parliament's confirmation hearing, Apostolos Tzitzikostas, the recently appointed EU…

06 / 11 / 2024
Business
Metro Ligero Oeste Signs Major Overhaul Contract with Alstom for Citadis Trams

Metro Ligero Oeste Signs Major Overhaul Contract with Alstom for Citadis Trams

Metro Ligero Oeste (MLO), the light rail operator in Madrid, has signed a major contract with Alstom…

31 / 10 / 2024
Business
Challenges in Revising the Combined Transport Directive Amid Hungarian Presidency

Challenges in Revising the Combined Transport Directive Amid Hungarian Presidency

Despite ongoing negotiations on the revision of the Combined Transport Directive in the Council, the…

30 / 10 / 2024
Business
PKP CARGO S.A. Faces Financial Challenges: New Management Team Steps In for Restructuring

PKP CARGO S.A. Faces Financial Challenges: New Management Team Steps In for Restructuring

PKP CARGO S.A. is facing serious financial problems, with a new management team stepping in in April…

29 / 10 / 2024
Business
New Leadership at CargoBeamer: Tilman Apitzsch Joins as Managing Director to Lead New Business Solutions Division

New Leadership at CargoBeamer: Tilman Apitzsch Joins as Managing Director to Lead New Business Solutions Division

CargoBeamer has appointed Tilman Apitzsch as Managing Director of CargoBeamer Intermodal Operations GmbH, effective immediately. He will lead the new Business…

28 / 10 / 2024
Business
Frédéric Wiscart to Lead Alstom's France Operations as Newly Appointed Regional President

Frédéric Wiscart to Lead Alstom's France Operations as Newly Appointed Regional President

Alstom has announced the appointment of Frédéric Wiscart as France Region President and member of the Alstom Leadership Team, effective November 4, 2…

25 / 10 / 2024
Business
PKP CARGO Restructures Operations to Recover From EU State Aid Ruling and Heavy Debt

PKP CARGO Restructures Operations to Recover From EU State Aid Ruling and Heavy Debt

PKP CARGO is making big changes to improve its finances and stay competitive. The company is dealing with heavy debt and restructuring after the European…

23 / 10 / 2024
Business
Critics Question Accountability as CFR Marfă's Successor, Carpatica Feroviar, Takes Over

Critics Question Accountability as CFR Marfă's Successor, Carpatica Feroviar, Takes Over

The Romanian state-owned rail freight operator CFR Marfă is set to be liquidated in March 2025, as a new company, Carpatica Feroviar, will take over…

23 / 10 / 2024
Business
EU Greenlights MSC’s Acquisition of Joint Control in Hamburg’s HHLA with City-Owned HGV

EU Greenlights MSC’s Acquisition of Joint Control in Hamburg’s HHLA with City-Owned HGV

The European Commission has approved MSC Mediterranean Shipping Company’s entry into the ownership of Hamburger Hafen und Logistik AG (HHLA).

18 / 10 / 2024
Business
Financial Crisis Threatens France’s Ambitious EUR 100 Billion Rail Modernization Plan

Financial Crisis Threatens France’s Ambitious EUR 100 Billion Rail Modernization Plan

France's EUR 100 billion rail investment plan, intended to modernize the transport system and cut carbon emissions, is now at risk amid the government's…

16 / 10 / 2024
Business
High-Level Meeting in Vilnius: Rail CEOs and Lithuanian Officials Discuss Future of Passenger Rail

High-Level Meeting in Vilnius: Rail CEOs and Lithuanian Officials Discuss Future of Passenger Rail

European passenger rail CEOs from the Community of European Railway and Infrastructure Companies (CER) and the International Union of Railways (UIC) were…

16 / 10 / 2024
Business
Liberty Owner Gupta Accused of Fraud: What is He Hiding in His Accounting?

Liberty Owner Gupta Accused of Fraud: What is He Hiding in His Accounting?

The Ostrava steel plant is once again in the spotlight. This time, it's steel magnate and Liberty Steel owner Sanjeev Gupta who has caused a stir.…

15 / 10 / 2024
Business
PKP CARGO Makes Key Changes to Management and Supervisory Boards

PKP CARGO Makes Key Changes to Management and Supervisory Boards

At an Extraordinary General Meeting held last week, PKP CARGO S.A. in Restructuring introduced significant changes to its Management Board and Supervisory…

15 / 10 / 2024
Business
Poland Gets the Green Light: EUR 198M for Intermodal Transport Support Approved

Poland Gets the Green Light: EUR 198M for Intermodal Transport Support Approved

The European Commission has given Poland the green light for a 197.8 million euro program to support intermodal transport.

11 / 10 / 2024
Business
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