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 price below its fair value, leading to allegations of a secret sale. As part of the privatisation of Operail, Estonia…
Category: Finland
Latvian petition against manganese ore export to Russia gaining momentum
A petition to ban the export of manganese ore to Russia is picking up the pace in Latvia. The public initiative gathered a third of the required signatures for a parliamentary debate in a single week. The Latvian rail sector has suffered from sanctions on Russia, but public opinion is heavily in favour of them.…
Nurminen Logistics opens rail link connecting Finland with port of Gothenburg
Finnish logistics company Nurminen Logistics will open a new rail route connecting northern Finland to the port of Gothenburg. The service will commence in April. According to the company, the new route helps Finland’s international accessibility at a time when routes through Russia are unavailable. The new rail route will run from Haparanda, a town […]
Strike in Finland halts rail freight services and exports
A number of Finnish trade unions started a political strike Monday 11 March which will continue until 25 March. The initiative has a significant impact on the Finnish transport industry, including rail freight. According to the Confederation of Finnish Business (EK), the strike will cost Finland 320 million euros in damage to the gross domestic […]
Strike in Finland halts rail freight services and exports
A number of Finnish trade unions started a political strike Monday 11 March which will continue until 25 March. The initiative has a significant impact on the Finnish transport industry, including rail freight. According to the Confederation of Finnish Business (EK), the strike will cost Finland 320 million euros in damage to the gross domestic […]