Railways

International Internet Magazine. Baltic States news & analytics Friday, 31.07.2015, 20:26

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Pasazieru vilciens concludes H1 with profit

Pasazieru vilciens concludes H1 with profit

31.07.2015

The passenger rail company Pasazieru vilciens (PV) concluded the first half of the year 2015 with a EUR 717,709 in profit, as the company informed LETA.

Keyword tags: Good for Business, Latvia, Railways, Transport



Baiba Rubesa to be Rail Baltica joint venture's CEO

Baiba Rubesa to be Rail Baltica joint venture's CEO

29.07.2015

Baiba Rubesa will be appointed chairwoman of the board at the joint-stock company RB Rail, a joint venture of the Baltic countries set up for implementation of the Rail Baltica railroad project, reports LETA.

Support to Rail Baltica in Estonia remains at 68%

Support to Rail Baltica in Estonia remains at 68%

29.07.2015

68% Estonian population is aware of the plans to build Rail Baltica and a similar amount of them support the project's implementation, announced LETA Estonian economy and communications ministry.


Lithuanian and Baltic companies to build Rail Baltica

Lithuanian and Baltic companies to build Rail Baltica

28.07.2015

The state-owned Lithuanian company Lithuanian Railways and joint Lithuanian, Latvian, and Estonia companies will be implementing the Rail Baltica projects, reports LETA/ELTA.

Lithuanian Railways to guarantee loan to the Shipping Company

Lithuanian Railways to guarantee loan to the Shipping Company

27.07.2015

During a sitting on July 27th, Lithuania's Government approved the draft resolution submitted by the Ministry of Transport and Communications, according to which dividend payments to the budget will be reduced for Lithuanian Railways by EUR 3 million because it will guarantee the SEB loan of such amount to Lithuanian Shipping Company (LSC), writes ELTA/LETA.

24.07.2015

Criminal case on Pasazieru vilciens failed train procurement submitted to court

Riga Jurisdiction Prosecutor's Office forwarded a criminal case on the Pasazieru vilciens (Passenger Train) failed train procurement tender to a court on July 23rd, as Aiga Eiduka from the Prosecutor General's Office told LETA.

23.07.2015

Grybauskaite: Lithuanian Railways act like a state within a state

State company Lithuanian Railways (Lietuvos gelezinkeliai), whose 100 percent of shares belong to the Ministry of Transport and Communications, is acting like a state within a state. Such lawlessness and irresponsibility of the company can cost very dearly to all of us, said Lithuanian President Dalia Grybauskaite after a meeting with Transport and Communications Minister Rimantas Sinkevicius, cites LETA/ELTA.

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