Polish company in bid to build high-speed rail in Russia

Kraków based company Tines, specializing in railroad construction wants to participate in the construction of high-speed rail in Russia, according to Polish daily Puls Biznesu. After completing the Moscow-Petersburg section, Russians are making preparation for the construction of the Moscow-Kazan segment. Tines has delivered rails for a test section in Russian town of Scherbinka and is currently awaiting for the test's results and the final decision. Tines is competing with three other companies: Alstom, Max Boegl and one Russian firm. Two winners will be selected in 2017. If the company wins the tender, it is possible that its Eastern expansion will be financed by state-owned lender Bank Gospodarstwa Krajowego.