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 million euro “gift” to the Finnish rail industry. Kurvits refutes...Read more
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 subsidiary, to Nurminen Logistics. Estonia sold the subsidiary at a...Read more
The Estonian national rail freight company, Operail, has been experiencing drastic disruptions since the beginning of the Russian invasion of Ukraine. Despite significant cuts to operating costs, the company “continued to operate at a loss...Read more
The Estonian national rail freight company Operail has transported 1,1 million tons of goods during the first half of 2023. This is the second consecutive year the company has lost significant volumes in the first...Read more
INTERVIEWSanctions, new routes, new offices and acquisitions. 2022 had it all for Nurminen Logistics. The leading Finnish logistics company had to take certain measures to adapt to the changing and challenging environment. However, 2022 was...Read more
After selling its Finnish subsidiary to Nurminen Logistics, Estonian state-owned freight operator Operail proceeded to more asset releases. The company sold 807 wagons that previously belonged to its wagon leasing subsidiary, Operail Leasing. The sale...Read more