The privatization process of the state-owned company Operail has been completed.On Monday, the company sold its entire business operations, including its subsidiary Operail Repairs OÜ, to the Estonian firm AS Tiigi Keskus for €19 million, following a successful auction.
As of Monday, the Estonian state will no longer be involved in railway freight transportation or the maintenance and repair of rolling stock.
Since the beginning of Russia’s war of aggression in Ukraine, freight volumes on Estonian railways have plummeted.Minister of Infrastructure Vladimir Svet (SDE) highlighted that freight transport, especially international operations, is not a strategically necessary activity for the state.
Read more: ERR.EE
