Category: Nurminen Logistics

Nurminen Logistics and Kazakhstan eye joint Middle Corridor investments

What started as a regular service cooperation in late 2022 is now ready to upgrade into a full partnership aimed at rail investments. Nurminen Logistics and the Government of Kazakhstan, represented by Foreign Affairs Minister Murat Nurtleu, are discussing the possibilities of improving the Middle Corridor. Their negotiations entail the possibility of launching joint investment…

Finnish cargo critical to making Rail Baltica relevant for logistics

Rail Baltica is probably one of Europe’s most anticipated railway projects, and rail freight is set to benefit significantly from its development. However, no matter its potential, the project could also end up becoming irrelevant for logistics. According to Oli Pohjanvirta, CEO of Nurminen Logistics, attracting Finnish volumes will be key in determining the project’s…

Operail CEO refutes media accusations: “Operail Finland sold at fair price”

The CEO of Operail, Merle Kurvits, has responded to media attention for Operail Finland’s sale. Estonian media recently said Operail Finland’s sale was a 12 million euro “gift” to the Finnish rail industry. Kurvits refutes the accusations of underselling, saying that Operail sold the subsidiary at a fair price. Operail sold its subsidiary Operail Finland…

Operail Finland sale was 12 million euro “gift” to Finnish business

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…