"Rail Baltica"
Uncategorized

Rail Baltica project difficulties are behind us, says Mačiulis

Major difficulties in the Rail Baltica are now in the past according to the Government Chancellor Alminas Mačiulis who was addressing a meeting with European Commission representatives on the project on Tuesday. […]

"Rail Baltica"
Economy

Chinese companies interested in Rail Baltica contracts

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. […]

"Rail Baltica"
Economy

First stage of Rail Baltica completed

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. […]

"Rail Baltica"
Uncategorized

EU to allocate EUR 13.1bn to transport projects, including Rail Baltica

Friday the European Commission‘s record EUR 13.1 billion investment plan for the transport sector came closer to reality, after EU Member States approved the list of projects to receive funding under the Connecting Europe Facility (CEF), which includes the Rail Baltica high-speed rail project, the European Commission informs. […]

Economy

Will Lithuania survive without EU structural funds?

This is the last financial period that Lithuania is entitled to billions of euros in support from the European Union‘s structural funds. After 2020, the cash flow from the EU coffers will decrease significantly and Lithuania will have to learn to do without the support that currently makes a sizable contribution to its economy. Some economists say that unless the country uses the current funding right, economic growth after 2020 might all but stop. Others are more optimistic, insisting that Lithuania’s economy is stable enough to sustain growth even without EU injections. […]