Slovenian Railways has made a profit for the third year in a row. The group registered a net profit of EUR 14.4 million and an operating income of EUR 557.2 million, up by 10% compared to 2013. The growth in operating income was mostly due to higher revenues from freight transport, SŽ-Tovorni transporting last year nearly 18.8 million tons of cargo, an increase of 6% y.o.y.
A maglev train in Japan reached a speed of 590 kilometers per hour (366 miles per hour) this week, breaking a world record that had stood for 12 years. Central Japan Railway Co. announced the feat on Thursday, after the company’s seven-car train completed a test run on an experimental track in Yamanashi prefecture. The train beat the previous mark of 581 kilometers (361 miles) per hour, set
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The EU’s TEN-T Programme will support with over €15 million the development and installation of the common European Train Control System (ETCS) in Belgium, Luxembourg, Denmark and The UK. The new system is expected to improve the interoperability, safety, reliability and capacity on European railways.
Seven separate projects aim to contribute to the deployment of the European Rail Traffic Management System (ERTMS) in the EU and enhance interoperability of
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The Bavarian National Assembly has allocated EUR 6 million for the modernisation of the railway line connecting Munich to Prague, via Plzeň. The Bavarian State Minister of the Interior, Building and Transport, Joachim Herrmann during his meeting with his Czech counterpart Dan Ťok, informed that the funding will be used for the electrification of the railway line Regensburg – Schwandorf – Furth im Wald – state border.
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