Ukrainian Railways exceeds financial expectations for 2023
Ukrainian Railways exceeded financial expectations for 2023 by breaking even against all odds. The initial estimation of the company talked about around 20 billion UAH (515 million euros) of losses this year. However, currently, there...Read more
LTG Cargo to buy electric locomotives for the first time ever
LTG Cargo, Lithuania’s national rail freight company, will invest around 100 million euros to purchase electric locomotives to use on the country’s rail network equipped with standard gauge. This will be the first time that...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
From the Aegean Sea to Lithuania: is a North-South corridor for Ukraine in the making?
The possibility of a North-South European corridor connecting the Black and Aegean Seas with Lithuania might be closer than we think. Lithuania’s deputy transport minister Julius Skačkauskas and Polish transport minister Andrzej Adamczyk discussed how...Read more
Poland and the Baltics can cooperate more and establish new corridors
The situation in eastern Europe with the war waging in Ukraine could become the starting point for stronger cooperation between Poland and the Baltic states to establish international intermodal routes. “We should cooperate more,” said...Read more
Lithuania wants port of Klaipeda included in the TEN-T network
Lithuania aims to grasp the opportunity of the TEN-T revision by the EU Commission and include the port of Klaipeda in the development plans. The largest Lithuanian seaport needs to have a European high-speed rail...Read more
Ports of Hamburg and Klaipeda partner up, rail links main objective
The ports of Hamburg in Germany and Klaipeda in Lithuania have signed an MoC to “strengthen cooperation in developing and implementing joint projects and developing new logistics routes for maritime and rail transport between Germany...Read moreNew tracks at Klaipeda port bring oil products on rail
The port of Klaipeda, the Lithuanian gateway to the Baltic Sea, will acquire a new railway track. LTG Infra plans to build a one-kilometre access railway to facilitate transport to and from an oil refining...Read more
How can Lithuania become the new rail freight hotspot?
There are many emerging rail freight markets currently, and Lithuania is among them. However, the Baltic country is making a difference. Its position, developing infrastructure and focus on rail freight could make it the new...Read more
Lithuania wants to be transit hub between Central Asia and EU
After the success of the Kaliningrad multimodal route from China to Europe, neighbouring Lithuania intends to do same the same with one difference: the Baltic country is willing to focus on Central Asia, especially land-locked...Read more