The coordination committee of the European Commission’s Connecting Europe Facility has approved another EUR 295.5mn of funding for the Baltic railway project, Rail Baltica, LSM reports. Of the total, EUR 47.1mn will go to Estonia, EUR 153.5mn to Latvia, and EUR 94.9mn to Lithuania. The project coordinator, RB Rail, said that the funds would be…
The Baltic and Polish transmission system operators (TSO) plan to apply for around EUR 600mn of EU funding for infrastructure investments from the Connecting Europe Facility (CEF), ERR reports. The funds would be divided equally between the four companies. The companies would use the funds for investments in protecting their critical energy infrastructure. Kalle Kilk,…
Baltic transport ministers called for increased EU funding for strategic transport infrastructure projects, The Baltic Times reports. The ministers insisted that the Connecting Europe Facility has to remain one of the key instruments in the EU’s next multiannual financial framwork as of 2028, with sufficient funding for cross-border transport, energy, and electronic communications projects. They…
The Estonian government plans to invest EUR 680.5mn in road maintenance in 2024-2027, which is EUR 76mn more than in the previous four-year period, the Ministry of Climate announced, BNS reports. State budget funds will account for EUR 543.8mn and funding from the EU’s Cohesion Fund and Connecting Europe Facility for EUR 136.7mn of the…
Estonia’s state-owned Rail Baltic Estonia has signed a contract for construction work on the first section of the new Rail Baltica main railway line with TREV-2 Grupp and AllSpark, ERR reports. The 4.8-kilometre section runs from Tallinn’s Ülemiste railway station to Rae municipality. Construction work will begin in spring 2024 and is due to be…
The European Commission has approved a financing package of EUR 305mn from the Connecting Europe Facility for transport infrastructure projects in Latvia during the 2021-2027 financial period, the Ministry of Transport announced, Baltic News Network reports. The ministry will allocate the funds to several key initiatives, including EUR 298mn for the Rail Baltica railway project,…