International Internet Magazine. Baltic States news & analytics
Friday, 25.04.2014, 09:17
Cargo turnover at Latvian ports grew by 9.4% while the volume of cargo transported by rail increased by 7.6% in the first quarter of 2014, informed BC the Latvian Institute.
Having released EU Transport Scoreboard, the European Commission stated that Lithuania's rail market is closed to competition. However, company Lithuanian Railways disagrees with such an assessment; according to it, there are no legal obstacles to use public rail infrastructure in Lithuania, informs LETA/ELTA.
The Baltic States are still negotiation on the standard gauge railway project Rail Baltica 2 route and its branch-line to Lithuania's capital Vilnius. According to Prime Minister Algirdas Butkevicius who gave an interview to the radio station Laisvoji Banga an agreement should be reached by early July 2014, reports LETA/ELTA.
Lithuanian Government will continue to pursue that the standard gauge railway project Rail Baltica connecting the Baltic States would go through Vilnius, informs LETA/ELTA.
Estonian logistics and transit sector companies participate this week at the region's most important transport fair TransRussia that takes place on April 22-25 to strengthen existing relations and create new contacts, LETA/Postimees Online reports.
In a press conference today, Transport Minister Anrijs Matiss (Unity) said that there are no indications at the moment that Russian cargo shipments through Latvia could lessen in wake of Europe's sanctions against Russia, however, cargo sources should be diversified anyway, informs LETA/Nozare.lv.
State-owned joint-stock company Latvijad Dzelzcels (Latvian Rail, LDz) posted substantially more in profit last year than previous year – EUR 79.8 million, the company's vice-president Aivars Straksas said during a press conference today, cites LETA/Nozare.lv.