East West Railway (EWR) Company has announced the appointment of David Hughes as Chief Executive Officer, effective from 3rd June 2024. David joins EWR from ARUP […]
Surprise, surprise: TACs in Hungary are about to rise
Hungary will increase its Track Access Charges (TAC) by 14 per cent from 1 September 2024. This is the first time in two decades that TACs in the country have been increased in the middle of a year, as Hungarian rail association Hungrail pointed out. “The increase will most likely cause more damage to the…
Baku-Tbilisi-Kars railway is officially open again after year-long closure
The Baku-Tbilisi-Kars railway was subject to significant upgrades targeting its capacity for roughly a year. With most work concluded in early March, the railway was expected to restart operations in late May 2024. The expectations turned into reality, and as a result, the BTK line saw its first freight train running after a long time.…
Costly Rail Baltica to cut ambitions and seek funding elsewhere
As Rail Baltica’s projected costs are mounting and continue to grow, the project’s feasibility is in question. Uncertainty surrounding EU funding is forcing Rail Baltica to look elsewhere and readjust ambitions. As Rail Baltica eagerly awaits the results of the January application round for EU funding, discussions surrounding pan-Baltic railway continue. It is uncertain how…