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International Internet Magazine. Baltic States news & analytics Friday, 25.06.2021, 02:43

Lithuanian Railways looks to buy new passenger trains for EUR 200 mln

BC, Vilnius, 14.07.2020.Print version
The passenger transportation arm of Lietuvos Gelezinkeliai (Lithuanian Railways) has launched market consultations on renewing its train fleet, with plans to purchase new passenger trains for over 200 mln euros.

Linas Bauzys, the CEO of LG Keleiviams, says the company is planning to invite bids for a contract worth more than 200 mln euros after the market consultations. 

"It is necessary to renew the fleet of passenger rolling stock, because some of the trains are technologically obsolete and not in keeping with present-day travel habits, and are not adapted to people with individual needs," he said. 

The company told LETA/BNS later that it was tentatively planning to purchase around 35 trains, with the exact number to be decided after the consultations. Some of the trains should be electric and others should be diesel or hybrid.

LG Keleiviams expects to sign a contract on the purchase of new trains in late 2021. It will use its own funds and EU money to finance the acquisition. 

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