privatisation
Sale of Operail enters final stage
The Estonian government approved the beginning of the second and final phase of the sale of the state-owned rail freight operator Operail. Interested parties can…
sanctions
LTG Cargo deals with a rising number of attempts to evade sanctions
Attempts to circumvent Western sanctions on Russia and Belarus via rail through Lithuania grew exponentially between March and May. The Lithuanian national rail freight operator…
Freight to contribute little to billions of Rail Baltica-induced growth
Rail Baltica is an economically viable undertaking. While its projected cost has grown immensely in recent years, the high-speed rail line is expected to contribute…
Estonian Operail to be auctioned off and privatised
Operail, the Estonian state-owned rail freight operator, is for sale. On 6 June, the government approved the imminent privatisation of the company. It has struggled…
Rail Baltica mainline construction takes off in Latvia
Latvia is commencing construction works on the Rail Baltica mainline. The Rail Baltica team and its international partners gathered in Riga to mark the occasion,…
Costly Rail Baltica to cut ambitions and seek funding elsewhere
As Rail Baltica’s projected costs are mounting and continue to grow, the project’s feasibility is in question. Uncertainty surrounding EU funding is forcing Rail Baltica…
Operail CEO refutes media accusations: “Operail Finland sold at fair price”
The CEO of Operail, Merle Kurvits, has responded to media attention for Operail Finland’s sale. Estonian media recently said Operail Finland’s sale was a 12…
Operail Finland sale was 12 million euro “gift” to Finnish business
Estonia lost 12,3 million euros with the sale of the Finnish branch of Operail. Last year it sold Operail Finland, the former name of the…
Latvian petition against manganese ore export to Russia gaining momentum
A petition to ban the export of manganese ore to Russia is picking up the pace in Latvia. The public initiative gathered a third of…