Spain has allocated an additional 43,5 million euros for eco-incentive subsidies. With the subsidies, Spain intends to promote rail freight based on environmental and socioeconomic merit. The eco-incentive subsidies were introduced after a deal with the European Commission (EC) on the release of funds from the Recovery and Resilience Facility. Earlier, the EC wanted Madrid…
Category: EUCO
Deutsche Bahn does not rule out DB Cargo sale
Deutsche Bahn (DB) does not rule out the sale of its freight subsidiary DB Cargo. Looming EU sanctions over excessive state support are forcing DB to find an escape route. A partial sale of financially underperforming DB Cargo might be on the table. According to Handelsblatt, DB does not rule out a sale of its…
EU Commission approves 180 million euros for Polish intermodal transport
The European Commission (EC) has approved 180 million euros in funding for intermodal transport in Poland. The investments will be funded from the EU’s Recovery and Resilience Facility. According to the EC, the aim of the funding is to develop intermodal transport as an alternative to road transport by increasing its competitiveness. The 180 million…