Turkey’s State Railway Operator Records Historic $774m Loss in 2025
Turkey’s state-owned railway operator, the Turkish State Railways (TCDD), recorded a net loss of 35.53 billion lira (approximately $774 million) in 2025, marking the largest financial deficit in the institution’s history, local media reported. According to TCDD’s 2025 financial report cited by BirGün newspaper, the railway operator’s losses have risen sharply over the past four…

