The Rail Baltica Global Cost-Benefit Analysis (CBA) presented on April 24 during Rail Baltica Global Forum 2017 confirms that the Rail Baltica project is financially and economically viable. The new study reaffirms the project’s economic feasibility and highly beneficial nature, providing the necessary updated parameters for the project’s continued EU and national co-financing. The Ernst […]
Today marks the beginning of the international two-day event “Rail Baltica Global Forum 2017 – Building a New Economic Corridor” organized by “RB Rail AS”, a joint venture by the three Baltic States, with the support of the project’s national implementing bodies – Rail Baltic Estonia, Eiropas Dzelzceļa līnijas and Rail Baltica statyba. A live […]
A milestone international, two-day event about the Rail Baltica project in 2017 covering Rail Baltica’s economic potential, procurement regulation, and facilitating supplier networking. The forum will bring together top executives and decision makers, rail, logistics and economics professionals, influential politicians and institutions, as well as potential suppliers for the project, from across Europe. Follow the […]
Already more than 150 potential suppliers of the Rail Baltica project from 18 countries have applied for participation in the “Industry Suppliers’ Day” held on April 25, 2017, which is part of “RB Rail AS” organized international event dedicated to project’s implementation “Rail Baltica Global Forum 2017 – Building A New Economic Corridor”.
On 24th and 25th of April 2017, an international two-day event “Rail Baltica Global Forum 2017 – Building A New Economic Corridor” will take place at the Radisson Blu Hotel Latvija in Riga, Latvia, discussing the implementation process of the Rail Baltica project. The Second Day of the event “Industry Suppliers’ Day” held on April 25, 2017, will be specially dedicated to the topics related to the project’s procurement. All the potential project’s suppliers are invited to take part in the event in order to access detailed information about the forthcoming procurement of this year and their time schedule, as well as to meet their potential partners. This year, there are more than 40 procurement that will be announced in Estonia, Latvia and Lithuania.
“RB Rail AS”, a three Baltic State joint venture, with the support of the project’s national implementing bodies – Rail Baltic Estonia, Eiropas Dzelzceļa līnijas and Rail Baltica statyba – announces the milestone international two-day event of the Rail Baltica project – the Rail Baltica Global Forum 2017 “Building a New Economic Corridor” on April 24 – 25, Riga, Latvia.
On February 6, 2017, “RB Rail AS” submitted a new application to the 2016 CEF Transport Call for Proposals. So far, the three Baltic states and the joint venture “RB Rail AS” have received two grants designed under the European Union funding instrument Connecting Europe Facility (CEF) for the construction of the Rail Baltica railway, having signed Grant Agreements to a total value of 765 million euros. The CEF contribution will make up 85% of total eligible costs, giving financial support of up to a maximum of 633 million euros for the implementation of the project.
On 31 January, 2017, Baiba Rubesa, CEO and Chairperson of the Management Board of the joint venture “RB Rail AS”, met for the first time with Rokas Masiulis, Lithuanian Minister of Transport and Communications, and Mantas Bartuška, Director General of “Lietuvos geležinkeliai” (JSC “Lithuanian Railways”) to discuss Rail Baltic/Rail Baltica project development and topical issues.
For successful implementation of the European gauge railway line Rail Baltic/Rail Baltica project its coordinator, the joint venture of the three Baltic States “RB Rail AS” registered in Latvia, has founded branches in Lithuania and Estonia.
On Friday, January 20, a new Chairman of the Board of the railway line Rail Baltic/Rail Baltica project coordinator, the joint venture of the three Baltic States “RB Rail AS”, was approved. The new chairman is Latvian representative Edvīns Bērziņš, the Chairman of the Board of “Latvijas Dzelzceļš” VAS, who is replacing the previous Chairman of the Board, Lithuanian representative and the Director of “Rail Baltica statyba” Dainius Budrys.