International Internet Magazine. Baltic States news & analytics
Friday, 31.07.2015, 20:26
The passenger rail company Pasazieru vilciens (PV) concluded the first half of the year 2015 with a EUR 717,709 in profit, as the company informed LETA.
Keyword tags: Good for Business, Latvia, Railways, Transport
Baiba Rubesa will be appointed chairwoman of the board at the joint-stock company RB Rail, a joint venture of the Baltic countries set up for implementation of the Rail Baltica railroad project, reports LETA.
68% Estonian population is aware of the plans to build Rail Baltica and a similar amount of them support the project's implementation, announced LETA Estonian economy and communications ministry.
The state-owned Lithuanian company Lithuanian Railways and joint Lithuanian, Latvian, and Estonia companies will be implementing the Rail Baltica projects, reports LETA/ELTA.
During a sitting on July 27th, Lithuania's Government approved the draft resolution submitted by the Ministry of Transport and Communications, according to which dividend payments to the budget will be reduced for Lithuanian Railways by EUR 3 million because it will guarantee the SEB loan of such amount to Lithuanian Shipping Company (LSC), writes ELTA/LETA.
Riga Jurisdiction Prosecutor's Office forwarded a criminal case on the Pasazieru vilciens (Passenger Train) failed train procurement tender to a court on July 23rd, as Aiga Eiduka from the Prosecutor General's Office told LETA.
State company Lithuanian Railways (Lietuvos gelezinkeliai), whose 100 percent of shares belong to the Ministry of Transport and Communications, is acting like a state within a state. Such lawlessness and irresponsibility of the company can cost very dearly to all of us, said Lithuanian President Dalia Grybauskaite after a meeting with Transport and Communications Minister Rimantas Sinkevicius, cites LETA/ELTA.