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Saturday, 14.12.2019, 00:56
LG Cargo, the cargo transportation subsidiary of the state-owned railway company Lietuvos Gelezinkeliai (Lithuanian Railways), plans to carry around 30 mln tons of cargoes of Achemos Grupe (Achema Group) operating a fertilizer plant, trade companies, the largest handling company in the port of Klaipeda and other businesses, over the next three years, LG said.
Keyword tags: Cargo, Good for Business, Lithuania, Railways, Transport
LDz Cargo, the rail freight shipping subsidiary of Latvijas Dzelzcels (Latvian Railways) national rail company, turned over EUR 188.288 mln in the first nine months of 2019, which is a decrease of 6.5 percent against the respective period a year before, while the company’s profit was 4.7 times higher and came to EUR 818,263, according to information released by the company reported LETA.
The rebuilding of a 19-km railway section between Lithuania's Mazeikiai and Renge, in Latvia, that was dismantled a decade ago, is nearing completion, says the CEO of its major contractor Vitras-S, a railway construction and repairs company owned by Estonia's railway services group Skinest Rail, referred LETA/BNS.
9 December 2019, Riga – Rail Baltica has revealed the first visualisations of the future infrastructure elements, showing the design of pedestrian overpasses and tunnels, noise barriers, fences, animal passages, embankments and cuts as well as regional stations. In the new section of Rail Baltica Digital Information Center everyone is welcome to see what those infrastructure elements are, where each of them will be used and how the design and visual identity was achieved.
Lithuania is seeking that the European standard-gauge railway Rail Baltica's strategic infrastructure in each of the three Baltic states should be owned and managed by the respective national infrastructure managers.
An audit of the National Audit Office of Estonia indicates that in the case of the Rail Baltic railway project delays have occurred, the cost of the activities exceeds the initial forecasts and the facts identified during the audit indicate that the completion of the project by the deadline is probably not realistic, informed LETA/BNS.
Lithuania's state-own railway company Lietuvos Gelezinkeliai (Lithuanian Railways, LG) should post over 50 mln euros in profit this year, just as it did last year, its CEO Mantas Bartuska says.