Railways

International Internet Magazine. Baltic States news & analytics Monday, 22.01.2018, 02:26

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Estonian president, Juncker focus on EU future, budget

Estonian president, Juncker focus on EU future, budget

19.01.2018

During a meeting in Brussels on Thursday, Estonian President Kersti Kaljulaid and European Commission President Jean-Claude Juncker discussed matters of the future of the European Union, shaping of the new financial period, the union's energy policy, Eastern Partnership and large infrastructure projects, informs LETA/BNS.

Keyword tags: Estonia, EU – Baltic States, Financial Services, Legislation, Railways, Transport



Ambassador: Tallinn-Helsinki tunnel would be important connection for Finland

Ambassador: Tallinn-Helsinki tunnel would be important connection for Finland

19.01.2018

Finnish ambassador to Estonia Kirsti Narinen said that the Tallinn-Helsinki railway tunnel would be an important connection with continental Europe for Finland, reports LETA/BNS.

Bronka port keen to direct bulk goods away from Baltic ports

Bronka port keen to direct bulk goods away from Baltic ports

17.01.2018

Feniks LLC, a company running a multipurpose marine freight handling complex at Bronka Port of St. Petersburg, is planning to build railway infrastructure by 2022 to redirect the handling of bulk cargoes from ports in the Baltic countries to Russia, informs LETA.


Latvian court decides to hand Skinest Rail bribery case to court in Estonia

Latvian court decides to hand Skinest Rail bribery case to court in Estonia

16.01.2018

A Latvian court decided on January 15th that the case of the Estonian company Skinest Rail will be separated from the bribery case of Ugis Magonis, former CEO of Latvian Railways, and sent to an Estonian court for trial, informs LETA/BNS.

Rail freight in Latvia decreased by 8.4% in 2017

Rail freight in Latvia decreased by 8.4% in 2017

15.01.2018

Rail freight in Latvia amounted to 43.792 million tons in 2017, down 8.4% from 2016, the Transport Ministry said, cites LETA.


12.01.2018

Lithuanian railways ups 2017 revenue to EUR 444 mln

Lietuvos Gelezinkeliai (Lithuanian Railways, LG), the state-run railway company that had its top management replaced at the end of 2016, posted 443.7 million euros in revenue last year, up by 11% year-on-year, informs LETA/BNS.

11.01.2018

Estonian Skinest Rail allowed to make final takeover bid for Latvian DLRR

The Latvian financial watchdog, the Finance and Capital Market Commission, has given its permission to Estonia's Skinest Rail to make final takeover bid for the shares in the Latvian train engine repair company Daugavpils Lokomotivju Remonta Rupnica (DLRR), writes LETA, according to the statement submitted to the Nasdaq Riga stock exchange.

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