International Internet Magazine. Baltic States news & analytics
Tuesday, 24.01.2017, 04:54
Janis Vucans (Greens/Farmers), the Vice-President of the Baltic Assembly and the head of the Latvian delegation to the Baltic Assembly, at a meeting in Brussels today called for swifter progress in implementation of the Rail Baltica project for construction of the European-gauge railroad through the three Baltic states, reports LETA.
Keyword tags: Construction, EU – Baltic States, Latvia, Lithuania, Railways, Transport
On Friday, January 20, a new Chairman of the Board of the railway line Rail Baltic/Rail Baltica project coordinator, the joint venture of the three Baltic States RB Rail AS, was approved. The new chairman is Latvian representative Edvīns Bērziņš, the Chairman of the Board of Latvijas Dzelzceļš VAS, who is replacing the previous Chairman of the Board, Lithuanian representative and the Director of Rail Baltica statyba Dainius Budrys.
Transit operator Transiidikeskus AS which operates at Estonia's main merchant port of Muuga is waiting for the Rail Baltic European-gauge railway because in the next few years trade to Russia will definitely not recover and there would be enough goods to carry on the railway, the daily Eesti Paevaleht reports noted LETA/BNS.
A Treasury loan might be one way to increase Latvijas Dzelzcels (Latvian Railways) rail company’s share capital so that it can finance the railway electrification project, Transport Minister Uldis Augulis told LETA today.
Estonia plans for the prime ministers of the Baltic states to sign the deal on the European-gauge railway Rail Baltica project, however, Lithuania's Prime Minister Saulius Skvernelis is not sure about the signing, informs LETA/BNS.
Transportation of container cargos by LDz Logistika company, a subsidiary of Latvijas Dzelzcels state-owned railway company, increased significantly last year, the company's representative Ella Petermane told LETA.
2016 year, freight transportation using the Latvian railway infrastructure decreased 14% or 7.8 mln tons from 2015 to 47.8 mln tons, the state-owned railway company Latvijas Dzelzcels (LDz) said LETA.