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DAILY UPDATE


17 July 2009
INDUSTRY NEWS


European Bank Awards Largest-Ever Loan to Russian Railways
Russian Railways is to get the largest single loan ever given by the European Bank for Reconstruction and Development (EBRD) as the bank has approved a $500m unsecured loan to the government-owned rail company.

Atos Origin to Upgrade Scotrail Ticketing System
Scottish railway company Scotrail has signed a contract with French IT company Atos Origin to provide its new mobile ticketing solution, Avantix Mobile.

Longest Tunnel in Indian Rail Network Nearing Completion
Indian Railways has almost completed the 7.5km stretch of its 11km Pir Panjal tunnel project in the State of Kashmir, the longest tunnel in the country.

Greek City to Get €250m EIB Loan for Metro
The European Investment Bank (EIB) has approved a €250m loan to the Greek city of Thessaloniki to fund phase one of the city's new metro project.


CORPORATE NEWS


HBM Launches SoMat eDAQ and eDAQlite Rugged, Mobile Data Acquisition Systems
HBM