The European Commission will fine Lithuanian Railways up to €50 million for disassembling almost 20 kilometres of the Rengė section of railway track, reports the Polish portal Energetyka24.com, citing European Commission sources. […]
Senior representatives of China‘s industrial giant, China Merchants Group, will visit Lithuania again this week to meet with representatives of Lithuanian Railways and the Klaipėda Seaport Authority to explore opportunities in the country. […]
A disagreement among the Baltic states is stalling appointments to the board of RB Rail, the joint company which is managing the building of the Rail Baltica railway. […]
Lithuanian Railways has begun regular shipments between Lithuania and Italy that will open export routes for Lithuanian goods. […]
The government should decentralise state-controlled enterprises, public institutions and government organisations to the regions to move more jobs out of the capital to the regions, especially to the underdeveloped municipalities, said parliamentarian Kęstutis Masiulis. […]
Lithuanian Railways is to borrow €68 million from the European Investment Bank (EIB) to fund a series of infrastructure improvements. […]
Kazakhstan will being transporting goods to Scandanavian and Western European markets using Lithuanian Railways trains after a new contract was signed between KTZ Express of Kazakhstan and Lithuanian railways. […]
Chinese representative are coming to Lithuania to inspect Rail Baltica, the European-gauge railway project that will connect the Baltic states and Western Europe with a view to bidding for contracts, LRT reports. […]
Lithuania’s Kauno Tiltai AB, the largest transportation infrastructure company in the Baltics, and Mitnija UAB, the largest construction company in Lithuania, have finished laying, remodelling and upgrading the first European gauge railway from Šeštokai town to Marijampolė town (Lithuania), Mitnija said in a press release. […]
On Wednesday at the Government Office, representatives of Klaipėda State Seaport Authority and logistics services company VPA Logistics signed a letter of intent over development of cooperation with China Merchants Group (CMG), one of China’s state-owned port operators. […]
On September 10th an international transport and logistics conference took place in Stockholm. On the initiative of the Lithuanian Embassy in Sweden, the conference was organized by Lithuanian Ministry of Transport and Communications, JSC Lithuanian Railways, port of Klaipėda, Turkish-Swedish business association Sweturk and International Swedish Freight association. […]
Prime Minister Algirdas Butkevičius says Eligijus Masiulis, the leader of the Liberal Movement, made a populist decision to oppose efforts to salvage the Lithuanian Shipping Company‘s (LSC) and address prosecutors. […]
Lithuania’s railroad network administrator, Lithuanian Railways, has decided to limit train speeds due to an intense spell of hot weather. […]
Sigitas Dobilinskas has been appointed to head Lithuania’s financially troubled state-owned Lithuanian Shipping Company (Lietuvos Jūrų Laivininkystė). […]
Lithuania’s state-owned railway operator Lietuvos Geležinkeliai (Lithuanian Railways) will provide a 3-million-euro loan to financially-troubled Lietuvos Jūrų Laivininkystė (Lithuanian Shipping Company, or LJL). […]
President Dalia Grybauskaitė says that the government’s decision to rescue Lietuvos Jūrų Laivininkystė (Lithuanian Shipping Company, or LJL) from bankruptcy at the expense of dividends from Lietuvos Geležinkeliai (Lithuanian Railways) is a short-term solution, adding that the transport minister and the prime minister are responsible for the poor situation the state-controlled dry bulk operator is in. […]
Bankruptcy proceedings of Lithuania’s financially-troubled shipping operator Lietuvos Jūrų Laivininkystė (Lithuanian Shipping Company, or LJL) will not be initiated yet, the prime minister has said after a meeting with several ministers and executives of LJL and SEB Bankas. […]
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