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 subsidiary, to Nurminen Logistics. Estonia sold the subsidiary at a...Read more
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 of how operators in the Baltics are looking to diversify...Read more
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 traversing all three Baltic states. As Baltic rail operators have...Read more
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
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 off to interested parties. The move comes amid a difficult...Read moreOperail: ‘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 operating costs, the company “continued to operate at a loss...Read more
Operail’s volumes drop again in the first half of the year
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
Operail stops rolling stock leasing as well as regular freight services
Operail, the Estonian national railway company, sold the third and last batch of its rolling stock. “With this, all wagons belonging to Operail Leasing have been sold and the rental business has ended”, the company...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
Operail sells more assets, ‘nothing to do with Russian business’
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
Estonian Operail sells Finnish business to Nurminen Logistics
The Estonian state-owned company Operail sold its Finnish subsidiary, Operail Finland, to Nurminen Logistics. The company, active in Finland since 2020, decided to proceed with the sale in 2021 in a move unrelated to Russia...Read more
Will anyone transport nickel from Russia to Europe next year?
The Finnish railway company VR will stop transporting nickel from Russia to Europe in 2023, as it has announced a full stop of any Russian cargo per 1 January. However, the commodity is in high...Read more
Operail stops transport of Russian and Belarusian goods on 1 January
UPDATEThe Estonian state-owned rail freight company Operail will stop transporting cargo originating from Russia or Belarus per 1 January 2023. It made this decision earlier, in May this year, but a transition period was needed...Read moreEU sanctions on Russia impact Estonia: ‘rail might disappear’
Operail, the Estonian state-owned international transport and logistics company, has halved its freight volumes in the first nine months of 2022. In addition, the decrease in freight volumes has led to the layoff of over...Read more
Amber Train is back on track, this time with new potential
The Amber Train is back on track. On Tuesday 13 September, a train loaded with timber, peat and construction foam left the Estonian port of Muuga. On Wednesday morning, it arrived in Kaunas Multimodal Terminal...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 moreEstonian Operail involved in war logistics? ‘These are just assumptions’
State-owned Estonian company Operail has been the focal point of discussions lately. Operail is accused of continuing business with Russia despite the war and the imposed sanctions because of leasing wagons used in the war...Read more
Operail started converting its first LNG freight locomotive
Operail, an international railway logistics company from Estonia, has started conversion for its first LNG freight locomotive last week. The project was delayed due to Covid, and with the new schedule, the LNG locomotive should...Read more
Estonian rail freight operator steps up in Finland
Estonian national rail freight operator Operail has certified its first two locomotives for operations in Finland. The company will start transporting freight this autumn. By this time, it will operate a fleet of nine new...Read more