Czech Railways Modernisation Boosted with €300 Million Investment
In a significant leap towards modernising the Czech Republic’s rail transport system, the European Investment Bank (EIB) has approved a €300 million loan to the national railway operator, České dráhy.
This ambitious investment, totalling CZK 7.61 billion, aims to rejuvenate the country’s rolling stock, enhance safety, and bolster cross-border connectivity. By 2028, Czech trains are set to become more efficient, environmentally friendly, and passenger-focused.
Transforming Czech Railways for the Future
The allocated funds will primarily be used to purchase 180 state-of-the-art passenger coaches and 20 electric locomotives. In addition, 219 existing coaches and locomotives will undergo retrofitting with cutting-edge technology, specifically the European Rail Traffic Management System (ERTMS). This transformative system is designed to improve safety and interoperability across Europe’s rail networks.
Lukáš Svoboda, Member of the Board of Directors and Deputy Director General of ČD for Economics and Purchasing, remarked: “The funds from the European Investment Bank help us to invest into the modernisation of our rolling stock. We are using the funds obtained in this way primarily for improvement of the quality of long-distance trains, including the acquisition of the most modern ComfortJet trainsets. These will interconnect Prague with Germany, Austria, Slovakia, and Hungary.” He further highlighted how the project would make train travel more comfortable, convenient, and safer, ensuring a competitive edge for rail transport in the Czech Republic.
Advancing Safety and Efficiency
The integration of ERTMS is a cornerstone of this modernisation project. Known for enhancing safety through advanced signalling and control systems, ERTMS is critical for meeting the EU’s interoperability standards. Retrofitted locomotives and coaches equipped with ERTMS will operate regionally within the Czech Republic and extend into neighbouring countries, ensuring seamless cross-border services.
“This financing exemplifies our unwavering commitment to sustainable transport,” stated EIB Vice-President Kyriacos Kakouris. “By modernising the rolling stock of České dráhy, we are not only enhancing the safety and efficiency of rail services but also advancing the EU’s climate-action goals.”
The new and updated rolling stock will contribute to reducing maintenance costs and improving service reliability. Shortened journey times and enhanced passenger experiences will undoubtedly make rail transport a more appealing choice for travellers.
Environmental and Economic Benefits
Beyond improving travel, this initiative aligns with the EU’s climate objectives. By reducing emissions and energy consumption, the upgraded rail system will significantly contribute to the bloc’s sustainability goals. Notably, the project also addresses regional disparities by enhancing mobility in the country’s less-developed areas, fostering economic and social cohesion.
Additionally, the initiative is projected to create around 160 permanent jobs. These roles will span train operations, maintenance, and on-board services, injecting vitality into local economies.
Building on a Legacy of Collaboration
The EIB’s partnership with České dráhy is far from new. Over the years, the bank has consistently supported the modernisation of Czech rail infrastructure. In 2023 alone, the EIB committed €880 million to rail projects in the Czech Republic, part of a broader strategy that saw €1.88 billion invested in various Czech initiatives.
These projects reflect the EIB’s broader mission. As the EU’s long-term lending institution, the bank finances investments that advance shared policy goals, including sustainable growth and a just transition to climate neutrality. According to EIB records, nearly €1 billion was channelled into Czech rail initiatives last year, underscoring the institution’s steadfast commitment to the sector.
ComfortJet: A Symbol of Progress
Among the modernisations, the acquisition of ComfortJet trainsets stands out. These ultra-modern long-distance trains will connect Prague with key European destinations such as Germany, Austria, Slovakia, and Hungary. Featuring cutting-edge amenities, ComfortJet trains are expected to redefine passenger comfort and service quality.
The retrofitting of other vehicles with the European Train Control System (ETCS) also highlights České dráhy’s dedication to safety and innovation. This advanced system not only reduces operational risks but also ensures compliance with international rail standards.
Complementary Funding and Strategic Impact
This initiative benefits from more than just EIB financing. Grants from the Connecting Europe Facility (CEF) complement the loan, providing additional resources to support strategic infrastructure investments. CEF funding underscores the EU’s commitment to fostering growth, job creation, and competitiveness across member states.
By bridging gaps in regional connectivity and enhancing cross-border transport, the project strengthens the Czech Republic’s role within Europe’s transport network. Improved rail infrastructure will also encourage a shift from road to rail, aligning with broader efforts to reduce congestion and lower emissions.
An Investment in the Czech Republic’s Future
České dráhy’s investments, amounting to billions of Czech crowns in recent years, underscore its determination to modernise rail transport. The rejuvenation of rolling stock and the introduction of advanced technologies reflect the company’s commitment to staying competitive in an evolving market.
For passengers, the benefits are clear: faster, safer, and more comfortable journeys. For the environment, reduced emissions and energy savings pave the way for a greener future. And for the Czech economy, improved mobility and job creation signal long-term growth.
Driving Sustainable Mobility
The modernisation of České dráhy’s rail network is not just a national milestone but a testament to the power of collaboration. With backing from the EIB and the EU, the Czech Republic is poised to redefine its transport landscape, making rail the backbone of sustainable mobility.
This initiative sets a benchmark for other nations to follow. As rail transport continues to evolve, investments like these demonstrate how modernisation and sustainability go hand in hand, ensuring a brighter, more connected future for all.
