EU – Baltic States, Legislation, Lithuania, Railways, Transport

International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 11:38

Lithuania to establish joint Rail Baltica enterprise by end-June

BC, Vilnius, 10.06.2014.Print version
Shareholders' agreement will be signed by the end of June. It will establish joint Lithuanian, Latvian and Estonian company responsible for constructing the trans-European Rail Baltica project railway track, informs LETA/ELTA.

"We are harmonizing some of shareholders' agreement provisions. There is certain progress as deputy ministers just met in Luxembourg and discussed the Rail Baltica project. We agreed not to publicize information before the negotiating team reaches a decision: said Minister of Transport Rimantas Sinkevicius after the Government's sitting on Monday which acknowledged that Rail Baltica project is of national significance.

 

When asked when the shareholders' agreement will be coordinated and the joint enterprise is established, the minister replied this will be done by the end of June.






Search site