Estonian Operail announces full privatisation in order to save itself
Estonian national rail operator Operail has announced a new business strategy that involves full privatisation. The privatisation is a necessary step to find additional financial sources. According to the company, privatisation will also enable the...Read more
LDZ Cargo expands in Estonia while Lithuania opens its doors
Latvian rail freight operator LDZ Cargo aims to expand its business operations in neighbouring Baltic countries. It has succeeded in winning public tenders in Estonia, and it has secured access to Lithuania’s public railway infrastructure...Read more
Only the EU can ensure the success of Ukrainian grain exports
While proposals, some feasible, others not, for Ukrainian grain export alternatives fall like rain, the EU seems the only one able to provide a successful solution to the challenge. “Exporting Ukrainian grain via the Baltics...Read more
‘The Baltic route can be a good solution for Ukrainian grain exports’
Ukrainian grain exports are currently running smoothly also via rail. Congestion is at normal levels; however, in two-three weeks, the new peak export season will be here after the summer harvest. Ukraine’s options for transporting...Read more
Latvian LDZ’s way to staying financially afloat might be in Estonia
INTERVIEWLatvian Railway’s cargo subsidiary in Estonia, SIA LDZ Cargo, might be one of the company’s financial lifelines in these uncertain and challenging times. While the mother group scrumbles for revenue to survive its immense losses,...Read more
Another financial aid package for Estonian Railways, ‘one of the many to come’
Estonian Railways (EVR) will receive the second package of governmental financial assistance in a few months. The state-owned company that noted a financial loss of 20,7 million euros in 2022 will receive 8,7 million euros...Read more
VTG expands in Baltics with office in Lithuania
VTG is expanding its presence in the Baltics by opening an office in the Lithuanian port city of Klaipeda. Under the name of VTG Rail Logistics Baltics, the logistics company is now offering its full...Read more
‘Too soon to scrap away broad gauge tracks,’ says Latvia
The decision of EU transport ministers that all EU member states should devise a plan to adopt the 1435mm railway gauge by 2025-2026 keeps finding resistance in the Baltic states. The recently appointed Latvian transport...Read more
Baltic railway companies want to revive the Amber Train service
The Amber Train service connecting the Baltic states with Scandinavia and Western Europe will revive soon with a more competitive profile. The Baltic railway companies involved in the project held a meeting to examine how...Read more
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...Read more
EU digs out millions to prepare rail for military use
To improve infrastructure for military and civilian purposes, the EU has selected 22 projects and grants 339 million euros in an accelerated awarding round of the EU Military Mobility fund. Around 160 million euros will...Read more
Latvian Railway fears severe impact from dropping volumes
The lack of traffic from Belarus and Russia, which is impossible to replace fully, and the continuously dropping rail freight volumes have the Latvian Railway cornered. According to the Latvian transport minister Tālis Linkaits, the...Read more
New Kaunas – DCT Gdansk link strengthens Baltic flows
The recently established Kaunas intermodal terminal in Lithuania has a new connection. A train launched by the Lithuanian company Intermodal Container Service (ICS) connects it with the DCT Gdansk terminal. The first train arrived at...Read more
More Ludwigshafen-Barcelona roundtrips for Kombiverkehr
Kombiverkehr started operating one more weekly train between Ludwigshafen and Barcelona Morrot terminal. The Frankfurt-based operator is now offering four weekly roundtrips between the two destinations since 21 September.Read more