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Hungary considers reducing the charge for access to railway transport route by 40%

Hungary considers reducing the charge for access to railway transport route by 40%

Hungary, modelled on several EU countries, is considering measures to make runway access charges cheaper by 40%. This proposal was submitted by HUNGRAIL, a strategic partner of the Ministry of Innovation and Technology. The aim of this measure is to support rail freight transport during the ongoing pandemic.

07 / 07 / 2021
Business
CMA CGM buys a private railway operator. The acquisition of Continental Rail is estimated at $ 29.5 million

CMA CGM buys a private railway operator. The acquisition of Continental Rail is estimated at $ 29.5 million

French transport company CMA CGM has agreed to buy Spanish private railway operator Continental Rail…

07 / 07 / 2021
Business
VTG: Dr. Heiko Fischer is to step down from the CEO role

VTG: Dr. Heiko Fischer is to step down from the CEO role

After more than 25 years at VTG – over 17 of them as CEO and Chairman of the Executive Board – Dr. Heiko…

23 / 06 / 2021
Business
Rete Ferroviaria Italiana and Nevomo have signed a Memorandum of Understanding to develop magrail technology

Rete Ferroviaria Italiana and Nevomo have signed a Memorandum of Understanding to develop magrail technology

Rete Ferroviaria Italiana and Nevomo have signed a Memorandum of Understanding (MoU) to verify the…

22 / 06 / 2021
Business
Alstom wins the largest railway contract in Denmark’s history

Alstom wins the largest railway contract in Denmark’s history

First-order from landmark framework agreement with DSB covers 100 Coradia Stream trains and 15 years…

22 / 06 / 2021
Business
AllRail warns: In Poland, there is a risk of closing the railway market to competition.

AllRail warns: In Poland, there is a risk of closing the railway market to competition.

‘‘The Polish government’s new draft recovery plan foresees the purchase of a significant amount of new long-distance rail rolling stock: 38 PushPull…

17 / 06 / 2021
Business
ÖBB RCG and Lamborghini working together for sustainable logistics

ÖBB RCG and Lamborghini working together for sustainable logistics

With a transit time of just 48 hours, ÖBB Rail Cargo Group is transporting Lamborghini URUS car bodies from Germany to Italy. Transports by eco-friendly…

16 / 06 / 2021
Business
The Baltic-Adriatic Land-Bridge now open for business

The Baltic-Adriatic Land-Bridge now open for business

With many oceans, ports, and logistics services stretched to capacity during these challenging times, moving containers around the world nowadays demand…

15 / 06 / 2021
Business
The railway management certificate is now also available as an entry industrial qualification for legal persons

The railway management certificate is now also available as an entry industrial qualification for legal persons

The British Railway Safety Engineers Institution invites candidates to book online test places this October for their industry-recognized railway control…

15 / 06 / 2021
Business
Interpipe delivered locomotive wheels to Mauritania

Interpipe delivered locomotive wheels to Mauritania

The Ukrainian industrial company Interpipe proceeds to expand its presence in the export markets. This time the focus of the Company is on the African…

11 / 06 / 2021
Business
Sinara Group and Siemens form a service joint venture

Sinara Group and Siemens form a service joint venture

On June 4, 2021, within the framework of the St. Petersburg International Economic Forum (SPIEF-2021), the Sinara Group and Siemens concern signed a memorandum…

10 / 06 / 2021
Business
AKIN MAKİNA: Serving More Than 20 Countries In 5 Continents

AKIN MAKİNA: Serving More Than 20 Countries In 5 Continents

AKIN MAKİNA was founded in 1976 in Konya, Turkey and has been constantly developing as one of the most prosperous companies in its industry to this d…

07 / 06 / 2021
Business
FlixMobility raises over $650M in Funding at $3B Valuation planning further global expansion

FlixMobility raises over $650M in Funding at $3B Valuation planning further global expansion

FlixMobility has successfully closed its financing round G and gained US investor Canyon Partners. The structured funding round, based on a mix of…

07 / 06 / 2021
Business
České dráhy prepares major changes in its structure and opens depots to other carriers. It is a good business opportunity, says head of ČD, Mr. Bedná…

České dráhy prepares major changes in its structure and opens depots to other carriers. It is a good business opportunity, says head of ČD, Mr. Bedná…

České dráhy is preparing revolutionary changes that will lead to further savings. Their management will begin to discuss with the trade unions one of the…

26 / 05 / 2021
Business
Tee 2.0 was signed at the third railway summit

Tee 2.0 was signed at the third railway summit

An agreement on the continuation of plans to build a European network of high-speed day and night intercity services was reached on 17 May, when European…

25 / 05 / 2021
Business
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