Spain prevents Hungary from buying a railway company because of its importance to Ukraine. Spain has blocked the purchase by a Hungarian company of a Madrid-based train manufacturer. As the FT writes, Madrid vetoed the €619M purchase of Talgo because of the company’s ability to help r... #EuroTrack #Hungary #Spain #Talgo #UkraineReconstruction #UkrainianRailways
The EU will provide Ukraine Railways €43M for the modernization and construction of European-standard track. The EU will allocate €42.95M to Ukrainian Railways (UZ) to improve the country’s railway network and begin the transition to 1,435 mm track to ensure infrastructure compatibility and increase th... #EuroTrack #RailwayInfrastructure #UkrainianRailways #UZmodernization
The EU is investing a record €7B in transport infrastructure, including four Ukrainian projects. The European Commission selected 134 transport projects that will receive more than €7B in grants from the Connecting Europe Facility (CEF) instrument for strategic infrastructure investment. Among th... #CEF #EuroTrack #GrantsforUkraine #investments #TransportInfrastructure #UkraineDevelopment #UkrainianRailways
Spain provides a €50M soft loan to support the private sector of Ukraine and will help UZ to adapt its trains to EU standards. Spain will allocate a soft loan for €50M and an additional grant of €1M in partnership with the IFC to support the stability of the private sector of Ukraine, the Minister of Economy of Spain Carlos C... #CarlosCuerpo #EuroTrack #LoansforBusiness #Renfe #Spain #UkrainianRailways
UZ could not attract EU funds to construct a Eurotrack route to Lviv; negotiations with the US are ongoing. Ukraine has failed to attract funds under the EU Connecting Europe Facility (CEF) program for the construction of the Mostyska – Sknyliv railway section from the state border with Poland to Lviv... #EuroTrack #OleksandrKubrakov #UkrainianRailways #YevhenLyashchenko
The US allocated $225M to construct the Eurotrack to accelerate Ukrainian exports. The USAID and Ukrainian Railways (UZ) signed a memorandum to build a two-track railway section, 75 km long. It will connect Lviv with the Trans-European transport network of the EU. Ukrainian railways... #EuroTrack #UkrainianRailways #USAID #ВідвантаженнятоварівУкраїна
The EU has prepared a strategy for Ukraine’s transition to the European track standard. The European Commission concluded that the country needs to build a new railroad network with 1,435 mm track, which will work in parallel with the current 1,520 mm network. The 1,435 mm euro track wil... #EuroTrack #UkrainianRailways #UZmodernization
The transition of Ukrainian Railways to the Eurotrack will cost €250B and take over 20 years. As Aurum Investment Group reported, Ukraine is the largest country in Europe in terms of area, with a developed and extensive railway network. The main track length is more than 20,000 km. In addition... #EuroTrack #UkrainianRailways #UZmodernization
Ukraine is developing railroad infrastructure on the border with Slovakia and Poland. The Slovak railway carrier ZSSK Cargo has started the modernization of the sorting park at at the Cierna nad Tysou station on 1520 mm gauge near the border with Ukraine. ZSSK Cargo noted that about 1,... #EuroTrack #RailwayInfrastructure #UkrainianRailways #ZSSKCargo
Lemtrans, owner of Ukraine’s largest private rail car fleet, is investing $15 million to create a logistics hub at Mostyska, Ukraine’s Lviv region border town with Poland. By the end of this year, this ‘Dry Port’ will allow shippers to switch container between trains on Soviet gauge tracks and trains on EU gauge tracks. Ref... #EuroTrack #Lemtrans #UkrainianRailways
