EBRD supports modernisation of North Macedonia's rail freight
North Macedonia, Dec. 30 -- The European Bank for Reconstruction and Development (EBRD) is extending a sovereign loan of up to €20.9 million to North Macedonia to strengthen the country's rail transport sector.The financing, which will benefit Macedonian Railways Transport Joint Stock Company Skopje (MRT), will enable the purchase of up to five new electric locomotives and the implementation of a modern enterprise resource planning (ERP) system, marking a significant step up in the country's drive to modernise its rail freight operations.The project, implemented by the Ministry of Transport and supported by the Ministry of Finance, will enable MRT to modernise its rolling stock, enhance its operational efficiency and quality, and impr...
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