October 18 (SeeNews) - Croatian railway infrastructure operator HZ Infrastruktura said on Tuesday it signed a contract for a 199.1 million kuna ($26 million/26 million euro) railway infrastructure renovation project with the local unit of Austrian civil engineering company Swietelsky.
Under the deal, Swietelsky will upgrade a 3.4 kilometre long double railway track on the section from the Zagreb East railway station to the central station in the Croatian capital, HZ Infrastruktura said in a press release.
The upgrade works have to be finished in 18 months. Following the upgrade, the trains will be able to reach a speed of up to 120 km/h on this section, which is of key importance for international cargo traffic, as well as for the passenger traffic in and around Zagreb, it added.
The project will be financed entirely from the EU-sponsored Recovery and Resilience Facility (RRF). The RRF aims to help the EU member states to emerge stronger from the pandemic.
(1 euro=7.528 kuna)