Brussels approves €166 mln for Slovenian railway project

The European Commission approved €166 million worth of cohesion funding for an upgrade of a key railway line in Slovenia on Wednesday. The €330 million project involves the reconstruction, electrification and upgrading of a section of 160 km/h on the railway line between the Pragersko junction and the Hodos border crossing with Hungary, the modernization of level crossings and the construction of subways at railway stations, according to a press release issued by the Commission. The investment will improve the quality and competitiveness of cargo, increase the traffic speed and bring more travel security on the line that is part of the trans-European transport (TEN-T) network and is one of the priority TEN-T railway corridors between the EU and other European countries.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.