In coming years, more than $40 million will be invested at the airport.
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.…
MSC acquires French forwarder extending Eurasian rail network
MSC is officially ready to acquire the majority shares of French freight forwarder Clasquin. The two parties have agreed on the specifics of the transfer and will soon proceed to the merger of operations. MSC subsidiary SAS Shipping Agencies Services Sàrl will carry out the acquisition, which is expected to result in the extension of…
Rail Baltica will not pass through all of Riga before 2030 deadline
Rail Baltica will not pass through all of Riga before 2030. Latvia is missing three billion euros for the completion of the line through its capital city. The city has been a major obstacle for the construction of the line, and the entire project risks losing one billion euros in EU funding if not completed…