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DB Group returns to profitable business
For the first time since the COVID-19 pandemic, the revenues of the DB Group rose up to 28.4 per cent as DB generated €876 million in operating profit in first half of 2022.
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Operail report sharp decline in freight volumes
Operail have reported a loss of €1.6 million in the first half of 2022, a consequence of declining freight volumes due to the Russian invasion of Ukraine.
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CAF start dynamic track testing of hydrogen powered demonstrator train
Dynamic track testing has begun on a hydrogen powered demonstrator train developed by the FCH2RAIL project, which is a consortium of companies including CAF.
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Midlands Connect submit Shrewsbury-Black Country to Birmingham plan
Analysis by Midlands Connect shows that trains could run at 90 miles-per-hour along the new route, cutting journey times.
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EBRD announce investment in first green infrastructure bond in Morocco
EBRD have invested MAD 200 million (€19.2 million equivalent) in green bond for Moroccan rail operator Office National des Chemins de Fer du Maroc (ONCF).
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Kazakhstan Railways receive EBRD funding boost
EBRD have announced an investment of KZT 50 billion (up to US $100 million) in Kazakhstan Railways local bond issue to improve the financial resilience of the national rail operator.
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Key documents on future regulation of the rail network published by ORR
ORR have published four documents about the future regulation of the GB rail network, with three of these supporting ORR’s 2023 periodic review.
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Hitachi Rail begin $107m contract to install automation technology for NGR fleet
Hitachi Rail will install ATO combined with ETCS on all of Queensland’s New Generation Rollingstock trains to help them operate with increased safety.
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South Western Railway outlines its plans to improve passenger experience
In its business plan for 2022/2023, South Western Railway (SWR) have set out how it will aim to meet post-pandemic demands while still delivering improvements for passengers.
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Major £30 million investment coming to London Victoria station
Network Rail have started a £30 million investment to reduce congestion on platforms and at ticket gates at London Victoria station.
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Government of Canada invests $18.3 million in four projects
The Government of Canada has announced an investment to help improve the efficiency of rail networks in Regina and southern Saskatchewan.
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1,000 days pass since last update of RNEP
RIA have warned that increasing delays to the latest update of the RNEP are causing communication issues and project budget cuts.
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HS2 announce winner of £370m Interchange Station contract
HS2 have announced the winner of the Interchange Station contract, which is worth up to £370 million.
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Network Rail’s multi-million-pound flood protection project gets underway in Wales
Network Rail have begun work to install 10,000 tonnes of rock armour alongside a stretch of the Cambrian Line to make it more resilient and reliable.
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SWR’s Island Line upgrade earns prestigious sustainability rating
SWR’s £26 million upgrade of the Island Line receives a ‘Good’ CEEQUAL rating, with sustainable development at the heart of the project.
