The Estonian company, Tiigi Keskus, has acquired the state-owned rail freight operator, Operail, at a privatisation auction for EUR 19mn, ERR reports. Richard Tomingas, board member of Tiigi Keskus, said that Operail would continue providing rail services, particularly container transportation, in Estonia and expand its operations later if possible. Following the deal, the Estonian state…
The passenger train operators of the three Baltic states will begin coordinating their timetables to enable a smooth connection between the Baltic capitals, LSM reports. Estonia’s Elron, Latvia’s Vivi, and Lithuania’s LTG Link plan to align the timetables as of 6 January 2025. Transfer times at Valga and Riga will be around 10-20 minutes. The…
The Latvian government has failed to pay nearly EUR 1mn to the Baltic joint venture, RB Rail, which coordinates the development of the Rail Baltica railway project, LSM reports. A member of RB Rail’s board told TV24 that the company’s staff were currently being paid from Estonian and Lithuanian money. The three Baltic States have…
Latvian ministers informally discussed the possibility of cancelling the Rail Baltica railway project but decided against such a move, Prime Minister Evika Silina revealed, LETA reports. Speaking in an interview with TV3, Silina said that the government concluded that abandoning the project would result in a significant loss of invested resources. Moreover, the project will…
Latvia needs to set a maximum price cap on the Rail Baltica railway project, Prime Minister Evika Silina stated, LETA reports. Speaking at a meeting of a parliamentary committee of inquiry on the project, Silina stressed that the biggest problem right now was funding. She said that the Ministry of Transport was “painting visions” and…
Estonia’s Ministry of Regional Affairs and Agriculture has established a task force to consider a possible new location for Tallinn Bus Station, ERR reports. One potential location could be next to the future Rail Baltica railway terminal in Tallinn’s Ülemiste district. However, Hannes Luts, chairman of the task force, noted that the area was mostly…
The Latvian government will invest an additional EUR 47mn in the state-owned railway company, Latvijas Dzelzcels (LDz), LSM reports. The capital will allow the company to pay all its tax debts and some outstanding bills for services. The state has invested EUR 95.6mn in LDz since 2020 to prop up the company’s finances. LDz has…
Latvia’s state-owned passenger train operator, Pasazieru Vilciens (Vivi), has now received all 32 new electric trains from the Czech manufacturer, Skoda Vagonka, LETA reports. Initially, all trains were due to be delivered by the end of 2023. Raitis Nespors, acting board chairman of Vivi, conceded that the coronavirus pandemic and the war in Ukraine contributed…
Lithuania’s state-owned airport operator, Lietuvos Oro Uostai (LTOU), has completed the construction of a new departure terminal at Vilnius International Airport (VIA), BNS reports. The airport will open the new 14,000 m2 terminal for passengers in February 2025. The airport will then be able to handle two times more passengers than at present. The general…