EUROFIMA, a supranational organisation for the financing of railway rolling stock, has entered into a financing agreement with its shareholder Ferrovie Dello Stato Italiane (FS Italiane).
The transaction will see EUROFIMA make 200m euros available as a loan to FS with a maturity of ten years. The funds will largely go towards paying for Bombardier TRAXX E464 electric locomotives for regional passenger services as well as towards Corifer Vivalto coaches for long-distance passenger services.
EUROFIMA was established in 1956 based on an international treaty. 25 European sovereign states have signed to date. The rolling stock financing company with its non-profit mission aims to support the development of public passenger rail transportation in Europe and assists both shareholder railways and other railway bodies in upgrading and replacing equipment. It is based in Basel, Switzerland.
Knorr-Bremse has been contracted to supply the braking and entrance systems for 43 Deutsche Bahn ICE 3neo trainsets from Siemens Mobility.
Stadler has been awarded a contract to deliver 28 TINA trams to Rostocker Straßenbahnen AG (RSAG) in Rostock, Germany.
The first design images have been revealed for HS2’s maintenance and control centre at the Washwood Heath Depot in Birmingham.
Amtrak has contracted Arup to produce the preliminary designs for the upcoming expansion of New York Penn Station.
The Chairman of Etihad Rail recently reviewed construction progress on Stage Two of the UAE national rail network.
Amtrak has taken up the option to order a further 50 Charger locomotives from Siemens Mobility as it continues to replace its fleet.
CRRC has delivered the first fully assembled and commissioned 7000-series metro train to the Chicago Transportation Authority (CTA).
Amtrak has launched the procurement phase for the first of three major construction contracts for the B&P Tunnel Replacement Programme.
Deutsche Bahn (DB) and the German federal government have shared their new high-performance network plans.
CRRC has completed successful traction performance testing on 20 CDA5B1 locomotives delivered to the State Railway of Thailand (SRT).
Atkins Denmark has been appointed lead consultant for the Vestfyn Line, a new high-speed railway on the island of Funen.
The EC has approved an Italian scheme to compensate rail freight companies for financial damage suffered due to the pandemic.
Thales has begun drafting the construction project for the installation of signalling on the Eastern Bypass in Valladolid, Spain.
Softronic has chosen Thales to deliver and equip five LEMA 6000 kW locomotives with ETCS Level 2 and PZB vehicle equipment.
Transport companies have to have resilient cybersecurity systems in place so they can protect their assets and detect and respond to incidents.
CAF has been selected to supply a new fleet of trams for the Montpellier Méditerranée Métropole region in France.
Rail upgrades at the end of July will extend platforms and provide power for the Elizabeth Line in preparation for its next stage of opening.
Birmingham City Council has granted planning permission to HS2 Ltd to construct two viaducts in Birmingham.
Wabtec has ordered traction motors from Škoda Group for an additional 26 locomotives that will operate in Kazakhstan.
Metrolink's updated earthquake early warning system (EEW) automatically slows down and stop trains when an earthquake occurs.
More people are returning to rail travel post-pandemic according to the latest figures from the UK’s Office of Rail and Road (ORR).
Alstom has signed an agreement to deliver a further 20 Traxx DC3 electric locomotives to Italy-based GTS Rail.
Adif President María Domínguez discusses the infrastructure manager’s commitment to remodel its railway stations at Global Mobility Call.
Spain's rail operator, Renfe has presented its Renfe-as-a-Service (RaaS) platform at the first edition of Global Mobility Call.
Infrastructure improvements made by Amtrak have raised the speed trains can travel in parts of New Jersey.
Hitachi and the Taiwan Railway Administration have received the 2022 iF Design Award for the EMU3000 electric intercity express train.
Swiss rail operator SBB has ordered seven additional Stadler Giruno high-speed trains for cross-border services into Germany from 2026.
Olivier Loison has been named the new Managing Director of Alstom’s India cluster, taking over from Alain Sphor, who is retiring.
Static testing has begun on the first of Avanti West Coast’s new fleet of trains at Hitachi Rail’s Newton Aycliffe factory.
A new project has begun that will help Reading station lower its carbon emissions and optimise its energy performance by approximately 20%.
California High-Speed Rail Authority shares final environmental impact report for the San Francisco-San Jose section of its project.
HS2 has begun construction of the first of five ‘green tunnels’ that have been designed to blend into the landscape.
Alstom’s German autonomous rail pilot project has now entered its second phase with testing on two regional trains.
Network Rail has moved all signalling equipment from the outdated signal box near Philips Park to Manchester’s modern rail operating centre.
ÖBB has achieved its first breakthrough in boring the Semmering Base Tunnel, connecting Göstritz and Fröschnitzgraben in Austria.
Balfour Beatty VINCI Joint Venture is trialling an electric, high-capacity drilling rig for construction in Warwickshire.
Jacobs has secured. a contract for the design and construction of the Tavistock Station and Tunnels for Singapore's Cross Island Line Phase 1.
All signals at Birmingham New Street station have now been digitalised to meet 21st Century signalling standards.
Union Pacific Railroad has joined RailPulse, becoming the coalition’s seventh member, joining companies such as GATX,TrinityRail and Watco.
Phase two of work on Nexus’ Gosforth Metro depot has been completed with the installation of three more sections of line on the site.
RFI has awarded its tender for the design and construction of an ERTMS across 42,000 kilometres of railway lines in Italy.
Testing of the Northern City Line’s new digital signalling system has begun, marking a milestone in the East Coast Digital Programme.
HS2 has announced that OpenSpace Group Ltd is using artificial intelligence (AI) and LiDAR sensors to develop future train stations.
Amtrak has committed approximately 130m USD to carry out infrastructure improvements between Washington DC and New York.
CAF has commenced static tests on the hydrogen-powered demonstrator train that is being developed for the FCH2Rail project.
RB Rail AS has announced a public procurement for the electrification systems for the Rail Baltica high-speed railway line.
Porterbrook has completed successful Level 2 testing on three Class 43 power cars retrofitted with the European Train Control System (ETCS).
The European railway sector will gather at RailTech Europe 2022, from June 21-23 in the centre of the Netherlands.
Modernisation of signalling and interlocking technology on DB's Ruhr-Sieg line has been completed in just 18 months.
Dopravní podnik Bratislava has contracted Škoda Group to supply 10 new two-way ForCity Plus 30T trams to operate in the Slovak capital.
SBB, Thurbo, RegionAlps and Stadler have finally signed their framework agreement for up to 510 single-decker FLIRT multiple units.
Line 12 on the Paris Métro has been extended and two new stations have been built to connect Aubervilliers with the centre of Paris.
Hitachi Energy has received an order from Deutsche Bahn (DB) for a 120 MW converter station south of Berlin
Construction of the Colne Valley Viaduct has now started, overseen by HS2’s main works contractor Align JV.
Read our second eMagazine of 2022, with contributions from big names such as British Steel, Cummins, Nokia, Cisco and more!
Deutsche Bahn’s CEO has announced a concept that will improve Germany’s rail infrastructure by removing network bottlenecks.
Siemens Mobility-led consortium signs contract to design, install and commission a 1,800 kilometre high-speed rail network in Egypt.
More than one million passengers have used London's new Elizabeth line during its first week of operation.
Jonn Elledge wonders what the largest city in Great Britain is that doesn't have a direct rail link to London and what even is a city?
Balfour Beatty will begin upgrades on London Underground’s Piccadilly line this month, renewing ageing switchboards and installing HV cables.
ÖBB-Infrastruktur has begun planning for its double-track expansion of the Vorarlberg monastery arch on the Arlbergbahn line in Austria.
Global Mobility Call will take place on 14-16 June 2022 and will be key in globally redefining sustainable mobility.
Škoda Group has received an order for a further five ForCity Smart Artic trams from Finnish tram operator Tampereen Raitiotie Oy.
DB Cargo UK launches new campaign to promote safety excellence throughout the business called 'Together. We’re Safer. Together. We’re DB’
California High-Speed Rail Authority has submitted two applications for federal grant funding to help finance its high-speed train project.
The Swiss Federal Administrative Court has dismissed Alstom's appeal against the award of an SBB Thurbo and RegionAlps contract to Stadler.
Works have started on the Metro Flow track dualling project that will see an existing freight line upgraded and electrified in Tyne and Wear.
Alstom has signed an MoU with the developer and operator of Jakarta’s mass rapid transit (MRT) network, PT MRT Jakarta (PT MRTJ).
The Elizabeth line has officially opened to the public, increasing central London’s rail capacity by 10 percent.
The 1st Annual WOF Summit Vienna, May 4-5 2022, brought together key players in the logistics and supply chain of the CEE region.
The Florence tunnel boring machine has completed a 3.4 kilometre tunnel for Line 17 of the Grand Paris Express.
CAF has been chosen to supply SWBV and SSB 22 light rail vehicles (LRV), along with all relevant spare parts.
Network Rail will begin its 145 million GBP (170.93m euros | 182.36m USD) upgrade of the Hope Valley railway line at the end of May.
Singapore's LTA has awarded two contracts for its future Jurong Region Line (JRL), with a combined value of 386 million SGD.
Deutsche Bahn has unveiled new interior designs for its future ICE fleet, which will be rolled out from the end of 2023.
Alstom has carried out the first testing of a train retrofitted with European Train Control System (ETCS) equipment at Network Rail's RIDC.
Alstom has been awarded a contract to design, build, and maintain the Tel Aviv Metropolitan LRT Green Line.
Mass Transit Railway's (MTR) East Rail Line Cross-Harbour Extension has begun operating passenger services in Hong Kong.
PKN ORLEN and Alstom have signed a strategic cooperation agreement for the supply of zero-emission trains and hydrogen fuel.
Rail Station Development and Regeneration will take place on 28 June 2022. Focused on the future of station development and sustainability.
Berner Oberland-Bahnen has ordered six ABeh 4/8 multiple units from Stadler to expand the Bernese Oberland Railway's existing rolling stock.
The Copenhagen Metro, Metro Service, and Hitachi Rail have concluded a digital asset management agreement to make services more reliable.
Network Rail's new safety scheme will equip more than 15,000 British freight trains with technology to monitor the condition of wheelsets.
The FRA has established a new Corridor Identification and Development (ID) Program to transform the nation's passenger rail network.
Hitachi Rail has launched its latest digital rail products at the 2022 Railway Systems Supplies Inc. Communication & Signalling exhibition.
Swedish operator, Västtrafik AB has awarded Škoda Group a contract to upgrade 80 trams for the city of Gothenburg, Sweden.
CZ LOKO has been contracted to upgrade Class 742 diesel locomotives for CD Cargo, the Czech Republic's largest domestic freight carrier.
ORR has issued authorisations to all Elizabeth line stations due to open on 24 May, confirming the infrastructure is ready for passenger use.
A SYSTRA-led consortium will provide independent certification for the Straits of Johor cross-border rapid transit system (RTS) link.
An Office of Rail and Road (ORR) Investigation has led to Network Rail being fined 1.4 million GBP for a health and safety breach.
Swiss International Air Lines and SBB Swiss Federal Railways are expanding and renaming their intermodal rail/air travel product.
TX Logistik has successfully completed two test-runs of a 838-metre long freight train in Sweden on 8 and 9 May 2022.
MoU signed to push the use of high voltage SiC technology for increasing railway drive systems’ energy efficiency.
Wendy Morton MP, UK Minister of State for Transport will present the keynote address live at Transport Ticketing Global on 28 June 2022.
Network Rail joins with freight rail industry to tackle freight rail delays and safety risks with launch of new programme.
Metrolinx has announced that key sections of track have now been installed for the Finch West LRT project in Toronto, Canada.
DB has begun construction of its new Cottbus railway depot in Lausitz, which will support the region's move towards more sustainable jobs.
Alstom has signed a contract to supply 130 Coradia Stream High Capacity electric double-decker trains to SFBW in Baden-Württemberg, Germany.
Alstom has delivered India’s first semi high-speed regional train for National Capital Region Transport Corporation’s (NCRTC) RRTS line.
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