This article is published in association with European Investment Bank. Polska Grupa Energetyczna (PGE), Poland’s top utility, received a PLN 1 billion loan from the European Investment Bank (EIB) to upgrade power systems for the country’s railway network. The 18-year credit marks the EIB’s sixth contract with the group, which currently benefits from credit lines at […]Poland: EIB extends loan worth more than €230 million to PGE to modernise Polish railway’s power system
July 30, 2024 by Leave a Comment
This article is published in association with European Investment Bank. Polska Grupa Energetyczna (PGE), Poland’s top utility, received a PLN 1 billion loan from the European Investment Bank (EIB) to upgrade power systems for the country’s railway network. The 18-year credit marks the EIB’s sixth contract with the group, which currently benefits from credit lines at […]Czech railway safety and capacity strengthened with EIB loan of CZK 13 billion
June 13, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and the Czech Ministry of Finance signed a CZK 13 billion loan accord to upgrade the country’s rail network, unlocking the second part of planned EIB support totalling CZK 48.8 billion. The funding will improve TEN-T railway lines in the Czech […]Commission closes State aid investigation into Danish and Swedish public financing of Øresund fixed rail-road link
February 14, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has concluded that the State guarantee model granted by Denmark and Sweden for the construction of the Øresund fixed rail-road link does not constitute new aid within the meaning of EU State aid rules. The Commission has also found that part […]EU Cohesion Policy: New sustainable modern railway in Czechia
June 23, 2023 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the renovated railway service in South Moravia, one of the biggest Cohesion Policy’s investments in Czechia, was inaugurated and opened to passengers. The renovation of this line, involving – 37 new electric units – will contribute to the de-congestion of traffic during peak […]What does the future hold for Japan’s railways after 150 years of service?
November 30, 2022 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Naoko Kutty, Digital Editor, World Economic Forum 2022 marks the 150th anniversary of Japan’s railway system, which began service between Shimbashi and Yokohama in 1872. After the Meiji Restoration, Japan urgently needed to establish a transportation network to […]Cohesion Policy: EU invests €880 million to improve Poland’s railway system
October 7, 2019 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission adopted two major Cohesion Policy projects, improving the Polish rail network and increasing its capacity, speed and safety. Both projects should be operational as of January 2023 and will promote railway as a clean and competitive transport mode in the country. Johannes […]
