EE: Estonian Railway forecasts profit of EUR 7.2mn in 2010.

By bne IntelliNews December 15, 2009
Estonian Railway, railways infrastructure management company, announced that it expects net profit of EEK 113mn (EUR 7.2mn) in 2010. The company plans revenues at EEK 1.4bn in 2010. Volume of cargo is estimated at 23mn tons in 2010. In Jan-Nov the company carried total of 22.9mn tons of cargo. The company is yet to resolve level of investment in 2010 during the shareholders meeting in Jan 2010.

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