In February 2018, the joint venture coordinating the Rail Baltica Global Project RB Rail AS, and the French consultancy firm Egis Rail SA, signed an agreement to carry out the study to improve connectivity between Old City Harbour in Tallinn and the planned Rail Baltica Ülemiste passenger terminal. The aim of the study was to develop the Trans-European Transport Network (TEN-T) in the North Sea-Baltic corridor and was co-financed under the Rail Baltica project by the Connecting Europe Facility (CEF).

Vilnius / Lithuania – Today Supervisory Board of RB Rail AS appointed Timo Riihimäki as Chief Executive Officer and Chairperson of the Management Board of the Rail Baltica Joint Venture. He will start his duties from 11 March 2019 and will be based in Riga.

The joint venture of the three Baltic states RB Rail AS has commenced the Study for the Development of the Rail Baltica Energy Subsystem Procurement and Deployment Strategy. The contract for the delivery of the Study was signed in January 2019 with the Consortium INECO – ARDANUY, consisting of Ingenería y Economía del Transporte S.M.E. M.P., S.A (INECO) and ARDANUY Ingenería, S.A (ARDANUY). Both Consortium partners have proven experience in the railway sector and specifically in energy subsystem.

On 1 February 2019 the Government of Finland decided to establish a limited liability company Oy Suomen Rata AB. Its subsidiary, the Rail Baltica company, is expected to become a shareholder of RB Rail AS, the joint venture of the Rail Baltica project.