The European Union will co-finance to the sum of over €5 million a project that aims to improve River Information Services (RIS) in Europe. The EU member states involved in this action are Austria, Bulgaria, Czech Republic, Hungary, Poland, Romania, and Slovakia, and the implementation of the project is scheduled for December 2014. The total cost of the project is €10.4m, and the EU contribution amounts to €5.2m.
The European Commission previously announced the projects selected to receive over €160 million in EU co-financing from the trans-European transport network (TEN-T) program to continue improving transport infrastructure across the EU.
River Information Services (RIS) and its related projects involve traffic management infrastructure on the inland waterway network. Specifically, this includes the establishment of an interoperable, intelligent traffic and transport system to optimise the existing capacity and safety and improve interoperability with other transport modes.
The 2011 Multi-Annual Programme Call aims to finance the highest priorities of the TEN-T network, focusing on the areas of providing viable alternatives for congested roads by shifting freight to sea routes, River Information Services (RIS), involving traffic management infrastructure on the inland waterway network, and European Rail Traffic Management System (ERTMS).