ŠKODA TRANSPORTATION: Petr Kellner’s investment business PPF Group announced on May 7 that it had sold a 10% stake in Škoda Transportation to an entity controlled by Michal Korecký. The price was not...

JAPAN: East Japan Railway has formally unveiled its Series 956 ALFA-X high speed test train, which is due to start trial running at up to 400 km/h later this month. The completed 10-car trainset was...

TURKEY: Two US$30m loans to finance the US$86m development of a privately-run inland rail terminal in Kocaeli province, to the east of Istanbul, have been agreed by the European Bank for...

Abellio UK said on May 9 it was ’pleased and proud to be confirmed today as the new operator of the East Midlands rail franchise by the Department for Transport’, following the conclusion of the...