Ukrainian Railways receives half a billion euros in international support

Ukrainian Railways (UZ) is receiving approximately 500 million euros in international financial support. The money comes from the European Bank for Reconstruction and Development (EBRD) in the form of a loan, as well as from the World Bank and Switzerland as a grant. The money is to be spent on electric locomotives and infrastructure. UZ,…

Will Switzerland fund the upgrade of the railway on the Rhine’s left bank?

The Swiss Federal Council proposed three measures to boost the modal shift from road to rail across the Alps. The main measure is the financing for the adaptation to the 4-metre profile of the railway between Basel, Strasbourg and Metz to create a viable alternative route on the left bank of the Rhine River. However,…