ITALY: Italian private operator Arenaways has been awarded a public service obligation contract to run passenger services on two lines in the Piemonte region which were closed for passenger traffic in 2012, CEO of Arenaways Matteo Arena told Railway Gazette International on May 21.
Banco BPM Spa announced Thursday that it has granted TPER a loan, backed by SACE s 80% Green guarantee, of EUR12 million for the purchase of two electric-powered trains. Receiving the financing is.