Railways

International Internet Magazine. Baltic States news & analytics Saturday, 02.07.2016, 08:36

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Ossinovski does not admit his guilt, but gave money to Magonis

Ossinovski does not admit his guilt, but gave money to Magonis

30.06.2016

Estonian millionaire Oleg Ossinovski does not admit his guilt in the Latvian Railways (Latvijas Dzelzcels, LDz) corruption case, but does not deny that he gave money to Ugis Magonis, the Latvian rail company’s former CEO.

Keyword tags: Corruption, Estonia, Latvia, Legislation, Railways, Transport



Charges to likely be brought against Estonia's Ossinovski in Latvian corruption case

Charges to likely be brought against Estonia's Ossinovski in Latvian corruption case

29.06.2016

The Latvian Corruption Prevention and Combating Bureau (KNAB) on Monday said it had asked the Prosecutor General's Office to prosecute Ugis Magonis, a former head of Latvian Railways (Latvijas Dzelzcels, LDz), for accepting a bribe of 500,000 euros, and charges have probably been also moved against Estonian railway businessman Oleg Ossinovski, informs LETA/BNS.

Latvian government repeatedly extends diesel train upgrading project

Latvian government repeatedly extends diesel train upgrading project

28.06.2016

As the EUR 22 million worth project for modernization of diesel trains for Latvia’s Pasazieru Vilciens passenger train company will not be completed also by the extended deadline on June 30, the Latvian government today granted another extension until September 20, 2016, informs LETA.


Latvijas Dzelzcels railway company not to pay dividends from 2015 profit

Latvijas Dzelzcels railway company not to pay dividends from 2015 profit

28.06.2016

Latvian state-owned Latvijas Dzelzcels railway company will not pay dividends into the state budget from profit in 2015, but will spend its profit on infrastructure investment projects, the government decided on June 28th, cites LETA.

Minister Augulis: upgrade of diesel trains is failed experiment

Minister Augulis: upgrade of diesel trains is failed experiment

28.06.2016

The project for modernization of six diesel trains os a failed experiment, said Latvian Transport Minister Uldis Augulis (Greens/Farmers) in an interview with the Latvian public television on June 28th, informs LETA.

27.06.2016

Further delay in upgrading of diesel trains for Pasazieru Vilciens in Latvia

The EUR 22 million worth project for modernization of diesel trains in Latvia will not be completed also by the extended deadline on June 30 therefore the Latvian government tomorrow is expected to grant another extension until September 20, 2016, reports LETA.

27.06.2016

Progressive information system for the management of risks of Lietuvos Gelezinkeliai

AB Lietuvos Gelezinkeliai (JSC Lithuanian Railways) has begun using a risk management information system (RMIS), which will help capture potential threats and eliminate them in a timely manner, reported BC project manager Iveta Galdauskaitė.

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