EU Commission Approves Over €22 Mn To Netherlands To Upgrade Nation’s Traffic Management Equipment

The EU Commission has approved €22.2 million of public support to upgrade traffic management equipment on freight locomotives in the Netherlands.

EU Commission Approves Over €22 Mn To Netherlands To Upgrade Nation’s Traffic Management Equipment  EU Commission Approves Over €22 Mn To Netherlands To Upgrade Nation’s Traffic Management Equipment 8 1 e1573046780363
EU Commission Approves Over €22 Mn To Netherlands To Upgrade Nation’s Traffic Management Equipment

The European Commission on 5th November approved, under European Union State aid rules, €22.2 million of public support to upgrade traffic management equipment on freight locomotives in the Netherlands.

According to European Commission’s statement, the scheme will contribute to making railway systems more interoperable in the EU without unduly distorting competition.

Commissioner Margrethe Vestager, in charge of competition policy said: “The Dutch scheme will contribute to the deployment of the European Rail Traffic Management System and to the creation of a Single European Railway Area.”

It will improve the competitiveness of European railways and foster the shift of freight traffic from road to rail, in line with the EU’s environmental and transport objectives, without unduly distorting competition, she added.

Whether it is breaking news or a view, your contribution can make a huge difference. Are there topics you want to get people talking about? ... Email us at team@manateluguguru.com