Rail Baltica is an economically viable undertaking. While its projected cost has grown immensely in recent years, the high-speed rail line is expected to contribute up to 23,5 billion euros to the Baltic economies. Freight, however, is not likely to contribute much. An independent cost-benefit analysis (CBA) found that Rail Baltica will likely add between…
Category: Baltic states
LTG Cargo runs first cross-Baltic cargo train pilot
Lithuanian rail operator LTG Cargo has run its first continuous pilot train across all Baltic countries. It is the company’s first independently run cargo train traversing all three Baltic states. As Baltic rail operators have faced financial difficulties due to a loss of freight from and to Russia and Belarus, they seek to diversify their […]
Estonian Operail announces full privatisation in order to save itself
Estonian national rail operator Operail has announced a new business strategy that involves full privatisation. The privatisation is a necessary step to find additional financial sources. According to the company, privatisation will also enable the expansion of operations into foreign markets. Operail has been struggling financially after the implementation of sanctions against Russia and Belarus. […]
LDZ Cargo expands in Estonia while Lithuania opens its doors
Latvian rail freight operator LDZ Cargo aims to expand its business operations in neighbouring Baltic countries. It has succeeded in winning public tenders in Estonia, and it has secured access to Lithuania’s public railway infrastructure for freight transportation. As per the company, the stated aim of the expansion is to become a regionally significant rail […]