EE: Poland prepared to invest in Rail Baltica.

By bne IntelliNews March 14, 2012
Estonian Minister of Economy and Communications Juhan Parts indicated that the Polish government agreed to invest in high-speed railway connection from Warsaw to Lithuanian border. Slawomir Nowak, Minister of Transport in Poland, indicated that in 2020 at the latest it will be possible to travel from Warsaw to Lithuanian border in trains travelling at speeds of up to 160 km per hour. Parts indicated that Polands involvement and commitment to the project indicates that it is not a project of the three Baltic States, but of Poland, Finland, and European Union too. Juhan Parts met with four ministers of the polish government in Warsaw.

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more