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…
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…
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…
LTG Cargo launches first cross-Baltic service
Lithuanian state-owned rail freight operator, LTG Cargo, recently started transporting petroleum products between Bugeniai, in Luthiania, and Valga, in Estonia. The initiative is another reflection…
LTG Cargo runs first cross-Baltic cargo train pilot
Lithuanian rail operator LTG Cargo has run its first continuous pilot train across all Baltic countries. It is the company’s first independently run cargo train…
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…
Estonian Operail scraps old locomotives amid financial problems
The Estonian state-owned company Operail has sent its old locomotives to the scrapyard. They will now be dismantled, and the remaining materials will be sold…
Operail: ‘Further cuts would compromise rail safety in Estonia’
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…