The European Union is allocating 175 million euros to modernise the Bar-Golubovci railway in Montenegro. The line is part of Rail Route 4 of the…
Category: EIB
EIB to lend Czechia half a billion euros for rail modernisation
The European Investment Bank (EIB) will lend Czechia 13 billion crowns (526 million euros) for the modernisation of the country’s rail infrastructure. The money will be used to increase both freight and passenger capacity, as well as to strengthen the three TEN-T lines on Czech territory. Apart from a multitude of exclusively passenger-related projects, the…