New Supervisory Board of RB Rail

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New Supervisory Board of RB Rail

Today, October 21, the shareholders of RB Rail AS – “Rail Baltic Estonia”, “Eiropas dzelzceļa līnijas” and “Rail Baltica statyba” – have approved the new Supervisory Board with the following members: Anti Moppel, the Member of Supervisory Board of “Rail Baltic Estonia”, Indrek Orav, CEO of “Rail Baltic Estonia”, Edvīns Bērziņš, Chairman of the Board of “Latvijas Dzelzceļš”, Vineta Rudzīte, Deputy Legal Director on administrative issues and Head of Secretariat of Presidents’ Council of “Latvijas Dzelzceļš”, Dainius Budrys, Director of “Rail Baltica statyba”, and Danielius Dolgich, Board Member of “Rail Baltica statyba” and Chief Legal Officer at Rail Baltica project directorate at “Lietuvas geležinkeliai”.

The Lithuanian shareholder has decided to withdraw one of its representatives at the Supervisory Board of RB Rail AS. According to the Shareholders’ Agreement, in that instance the whole Supervisory Board has to be recalled and the new one to be appointed.

The Supervisory Board is comprised of six members - two members nominated by each shareholder. The Board members are elected for the period of three years.

"RB Rail AS"

"RB Rail AS" is a joint venture between the three Baltic States established in October 2014. Holding equal shares in "RB Rail AS" are SIA "Eiropas dzelzceļa līnijas" in Latvia, UAB "Rail Baltica statyba" in Lithuania and OU "Rail Baltic Estonia" in Estonia.

"RB Rail AS" is the central co-ordinator for the Rail Baltic/Rail Baltica project. The project involves the construction of a high speed rail line from Tallinn to the Lithuanian/Polish border. Rail Baltic/Rail Baltica will be an electrified public use rail line, an environmentally friendly and modern form of transportation.

For more information:

Ilze Rassa
Communications and Government Affairs Manager
+ 371 27 337 767