The prime ministers of the Baltic States assured that the Rail Baltica railway from Tallinn to the Polish border would be completed on schedule, BNS reported. Speaking after a joint meeting in Riga, the three prime ministers pledged to secure maximum EU funding for the project. Estonian Prime Minister Kristen Michal stressed that the railway…
Latvia’s Riga Regional Court has overturned a lower court ruling in a bribery case involving the state-owned railway company, Latvijas Dzelzcels (LDz), BNS reports. The court found LDz’s former CEO, Ugis Magonis, and Estonian businessman Oleg Ossinovski guilty of bribery, sentencing Magonis to 2.5 years in prison and Ossinovski to a fine of EUR 151,700….
The chairman of the supervisory council of Latvia’s state-owned railway operator, Latvijas Dzelzcels (LDz), Andris Liepins, and council member Reinis Ceplis have resigned, LETA reports. They highlighted the strategic transformation at LDz during their tenure. Liepins and Ceplis were appointed to LDz’s council in 2019. They will serve in their positions until the end of…
Latvia’s state-owned railway company, Latvijas Dzelzcels (LDz), carried 7.746mn tonnes of rail cargo in the first half of 2023, which was 36.7% less than in the same period of 2022, LETA reports. The volume of international freight amounted to 7.041mn tonnes (down 39.2%), while domestic freight doubled to 705,000 tonnes. LDz board chairman Rinalds Plavnieks…
Latvia’s state-owned railway company, Latvijas Dzelzcels (Latvian Railways), has announced an auction of 5,000 tonnes of ferrous scrap metal on 12 July 2023, DELFI reports. The starting price will be EUR 300 per tonne. The items available for bidding include used railway rails of various lengths, turnout parts, rail fasteners, car retarders, and various rolling…