Category: EBRD

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,…

‘Moldova might separate IM and RU tasks by year’s end’

Ukraine and Moldova need to separate the roles of infrastructure manager (IM) and railway undertaking (RU) to be integrated into European railways. It seems that Moldova might achieve this by the end of 2024, as Harry Karandeinos from the European Bank for Reconstruction and Development (EBRD) mentioned during the RailFreight Summit ‘24. Karandeinos, Principal Sustainable…