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railway modernization

Serbia plans to invest about €14 billion in railway modernisation through 2029

Serbia is poised to embark on its most ambitious railway modernisation programme in decades, committing around €14 billion in investment by 2029 to transform...

Niš plans removal of railway from city center; possible future uses discussed

Trains currently pass through the center of Niš, but there are plans to move the railway once the new bypass is finished. The main...

Serbia overpays $1.25 billion for railway modernization, rejects cheaper EU-funded option

Serbia spent over $1.25 billion on the modernization and reconstruction of the Novi Sad–Subotica–state border railway section in partnership with Chinese companies CCCC and...

Serbia to purchase six new locomotives and modernize old ones with €90 million loan

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 with EUROFIMA guarantee

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 secures €60 million loan for railway modernization project from French Development Agency

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 of Stalać-Kraljevo railway modernization plan announced

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

Cost of Novi Sad-Kelebija railway project soars by $87 million amid protests and tragedy

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 secures $130 million loan for railway modernization project

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

World Bank grants Serbia $65 million loan for railway modernization

The World Bank has announced a $65 million loan to Serbia for the modernization of its railway sector. This funding marks the second tranche...
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