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Polish state-owned Bank Gospodarstwa Krajowego (BGK) has signed a €900 million loan agreement with the European Investment Bank (EIB). The money from the loan will be allocated via the National Road Fund (KFD) in the construction of S7 and S8 dual carriageways. The three-section S7 carriageway will be 90.5km long, while the four-section S8 carriageway will stretch over 301km. Both routes will be part of the Trans-European Networks (TEN) system.

The European Commission (EC) has urged authorities in the Hungarian capital Budapest to introduce the congestion charge in the city by 2015 at the latest or face EU legal sanctions, according to some press reports. Should the local authorities fail to take the step, the EC may launch an infringement procedure against Budapest. Thus, the city’s leaders would be obliged to repay EU funds worth €641.6 million (HUF 181bn) provided for building Budapest's Metro 4 underground line. Earlier this year, the Hungaria

The Expotraffic 2013 exhibition is billed as Russia's showcase for the systems, products and services needed for safe and efficient highways operation and traffic management. The event takes place at Moscow's Expocentr from 12th–14th March 2013 and has already attracted support from organisations leading highways policy and operation in Russia. Among these is the Department for Traffic Management of the Government of Moscow. Responsible for placing and managing traffic cameras, traffic lights, and for road

Plans are well in hand for the Traffex and Parkex exhibitions being held in the UK. This bi-annual event is now in its 26th year, is a three day exhibition combining two trade shows, Traffex and Parkex. Traffex is an international traffic engineering, road safety, parking and highway maintenance exhibition. Meanwhile Parkex is Europe’s largest dedicated parking exhibition. The events are co-located and will take place in Hall 5 at the NEC Birmingham from 16th – 18th April 2013. Traffex and Parkex 2013 are

A new report by research body Frost & Sullivan says that growing replacement volumes are boosting demand for tyre pressure monitoring technology in Europe and North America. Laws requiring the installation of tyre pressure monitoring systems (TPMS) in new vehicles are leading to an increase in the installed base of this technology in the European Union (EU) and the United States. With the proliferation of universal sensors and aggressive efforts to raise consumer awareness, the TPMS aftermarket is set for r

Interest is strong in the Bridge Innovation Summit 2013 (BIS2013) being held from April 25th- 26th in Beijing, according to the event organisers. The Bridge Innovation Summit 2013 will be the leading event for bridge developments in Asia, with over 20 top executives as speakers and over 150 senior executives as participants. Confirmed leading bridge related companies and organisations include Arup, BAOSTEEL Construction, COWI, China Communications Construction Company (CCCC), China Railway Group and China’s

Key European Research Institutes are now involved in a project looking at innovative designs for efficient urban transport interchanges. This project on urban mobility is co-financed by the European Commission under the 7th Framework Cooperation Work Programme. City-HUB aims at contributing to the design and operation of seamless, smart, clean and safe intermodal public transport. It brings together leading experts of design and urban integration, transport operation and business, local and regional author

The authorities in Chinese capital Beijing are making a key move to cut transport emissions from large vehicles. Over the next two years there will be a 30% reduction in the number of diesel powered buses in the city. Around 80% of the Beijing Public Transportation Group’s 21,000 buses are currently diesel-driven. But the plan in Beijing is to increase the proportion of clean-energy and new-energy buses to 50% of the fleet in from 2013 to 2014. At present, Beijing’s bus fleet includes 100 pure electric vehi