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Saturday, 20.12.2014, 12:21
French transport, infrastructure and energy giant Alstom plans to take part in Rail Baltica II project, offering infrastructure and energy solutions as well as the rolling stock, said Alstom Central and Eastern European director Valerie Chardon.
Keyword tags: EU – Baltic States, Latvia, Legislation, Railways, Transport
Eesti Raudtee (Estonian Railways Co) 2015 net loss will reach EUR 9 million, according to the budget approved by the company's council, LETA/Public Broadcasting reports.
French mechanical engineering company Alstom is "very interested" in future opportunities in the Baltic States and Latvia, including the Latvian railroad electrification and European-standard gauge railway project Rail Baltica, the company's spokeswoman to Finland and Baltic States, Sari Luhanka informed LETA.
Estonian business leaders support among major infrastructure projects almost equally Rail Baltica and expanding the Tallinn-Tartu highway into a four-lane speedway, a study by KPMG "The pulse of the economy" indicated, LETA/Delfi reports.
Lithuanian Prime Minister Algirdas Butkevicius on Monday took part in the event starting the project of the electrification of the railroad section New Kyviskes-Vilnius-Kena-state border with Belarus at Naujoji Vilnia Railway Station, informs LETA/ELTA.
In the first 11 months of 2014, the volume of cargo transported by rail in Latvia totaled 51.4 million tons, a 1.7% increase on the first 11 months of 2013, reports LETA, referring to the Transport Ministry's data.
Latvijas dzelzcels expects its turnover to reduce by 20% next year, Transport Minister Anrijs Matiss (Unity) said in an interview with the LTV show "Rita panorama" this morning, cites LETA.