Czechia plans to invest a record €2.9 billion in its rail network this year, targeting maintenance, electrification and major capacity projects. The funding is aimed at improving daily operations and accelerating key corridor upgrades.
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South Korean logistics company LX Pantos has opened a new rail terminal in Tata, Hungary. It will lease the terminal from Austrian Rail Cargo Group (RCG) for a duration of 10 years. LX Pantos seeks to dive into car battery logistics, for which there is growing demand in Hungary. The opening ceremony for the terminal…