Estonian Railways in need of extra state financial injection

State-owned Estonian Railways (EVR) will need state funding to cover the losses from stopping the transit of Russian cargo. Despite last year’s growth in transported volumes, the company needs to cover 10 million euros of losses, making state intervention unavoidable.

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Author: Nikos Papatolios

Nikos Papatolios is the Editorial Coordinator of RailFreight.com, the online magazine for rail freight professionals.

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Estonian Railways in need of extra state financial injection | RailFreight.com

Estonian Railways in need of extra state financial injection

State-owned Estonian Railways (EVR) will need state funding to cover the losses from stopping the transit of Russian cargo. Despite last year’s growth in transported volumes, the company needs to cover 10 million euros of losses, making state intervention unavoidable.

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Author: Nikos Papatolios

Nikos Papatolios is the Chief Editor of RailFreight.com, the online magazine for rail freight professionals.

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