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Tag: railway modernization

Serbia to invest €90 million in new locomotives and modernization of rail fleet

February 19, 2025

The Serbian government will acquire six new locomotives and modernize older ones through a €90 million loan, as reported by the "Nova" newspaper. According...

Serbia secures €90 million loan for railway modernization and new rolling stock

February 15, 2025

The Government of Serbia has confirmed a Guarantee Agreement with the European Society for Financing Railway Rolling Stock (EUROFIMA), which guarantees a loan of...

Serbia seeks approval for €60 million credit agreement with French Development Agency for railway modernization

January 14, 2025

The Government of Serbia has presented the Bill for the confirmation of a credit agreement with the French Development Agency (AFD) to the National...

Public review open for Stalać-Kraljevo railway modernization and environmental impact plan

December 27, 2024

The Spatial Planning and Urbanism Agency has announced public insight into the draft Spatial Plan for the Special Purpose Area for the infrastructure corridor...

Price of Novi Sad-Kelebija railway upgrade rises by $87 million amid protests and tragedy

December 13, 2024

The cost of the railway modernization project between Novi Sad and Kelebija has risen by approximately $87 million compared to the originally contracted price,...

Serbia approves $130 million loan for railway infrastructure modernization

October 26, 2024

The National Assembly of the Republic of Serbia has approved a loan agreement for the second phase of its railway sector modernization project. This...