International Internet Magazine. Baltic States news & analytics
Saturday, 25.05.2013, 01:59
Vopak E.O.S. buys 15 engines from Kazakhstan
23.05.2013Fuel transit company Vopak E.O.S.'s subsidiary, Estonia's biggest privately-owned railway cargo transport company E.R.S. upgrades its engine fleet and will buy up to 15 General Electric engines from the Kazakh National Railways, LETA/Postimees Online reports.
Keyword tags: Baltic States – CIS, Energy, Estonia, Railways, Transport
NIB lends LDz for upgrade of east-west railway corridor in Latvia
22.05.2013The Nordic Investment Bank (NIB) and Latvia's state railway company VAS Latvijas dzelzcels have signed a new loan totalling EUR 17 million for the upgrade of a railway section in the country's east-west transport corridor, informs Nordic Investment Bank.
Lithuanian railway to launch new fast train to Minsk
21.05.2013As of May 26 Lithuanian Railway company Lietuvos Gelezinkeliai will begin the operation of a new train which will run the route Vilnius-Minsk-Vilnius twice a day, reports LETA/ELTA.
Lithuanian Railways open new representative office in Minsk
21.05.2013Lithuania-based railway company Lithuanian Railways (Lietuvos gelezinkeliai) opened a new representative office in Minsk (Belarus) in May, 2013, reported LETA the company.
LDz Cargo turnover and profit up 7% in 2012
20.05.2013LDz Cargo, a subsidiary of the joint-stock railroad company Latvijas dzelzcels, achieved LVL 278.23 million in turnover in 2012, a 7% increase on 2011, when the company turned over LVL 259.38 million, according to Firmas.lv information, reports LETA/Nozare.lv.
Simmermann: Rail Baltica project could be economically viable thanks to cargo shipments from Finland
In an interview to the business information portal Nozare.lv, the former head of Estonian Rail (Eesti Raudtee), now Latvijas dzelzcels chief engineer Kaido Simmermann said that the high-speed railway Rail Baltica project could be economically viable thanks to cargo shipments from Finland, taking into account that cargo tariffs for shipments by sea have increased, writes LETA.
Czechs wish to cooperate in Rail Baltica project
The Czech Republic is interested in the high-speed railway Rail Baltica project and would like to cooperate in the project, Czech Prime Minister Petr Necas told members of the press in Riga today after a meeting with Prime Minister Valdis Dombrovskis (Unity), informs LETA.
EU’s assessment of Latvian economic activity 
