Legislation, Lithuania, Railways, Transport

International Internet Magazine. Baltic States news & analytics Wednesday, 23.05.2018, 10:03

Cabinet approves split-up of Lithuanian Railways

BC, Vilnius, 13.02.2018.Print version
The Lithuanian government on Monday gave the green light for splitting Lietuvos Gelezinkeliai (Lithuanian Railways) into three separate companies for passenger and freight transportation and infrastructure management, informs LETA/BNS.

"An action plan will be worked out to tentatively achieve this task within a year," Mantas Bartuska, CEO of the state railway company, told reporters after the Cabinet's meeting.

 

The restructuring of the company may require amending several pieces of legislation by the government and the parliament, he added.






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