Posts tagged as railways

Latvian railways fined 5.6 million euros for unfair cargo competition

Thursday, February 4, 2021

“The Competition Council of Latvia (the CC) said February 3 it was imposing a 5.6-million-euro fine on a state-owned railway company over abuse of its dominant market position” – reported by LSM.LV “Since 2007 the public capital company “LDZ CARGO”, abusing a dominant position, made it more difficult for competitors to operate in rail freight transport in Latvia. For example, a different pricing practice was applied to [its] own customers…

Lithuanian Railways sign EUR 11.4 mln contract to rebuild Renge track

Monday, March 25, 2019

Lietuvos Gelezinkeliai (Lithuanian Railways) and Vitras-S, a railway construction and repairs company owned by Estonia’s railway services group Skinest Rail, signed on Friday a contract worth 11.35 mln euros, including VAT, to rebuild a railway section between Mazeikiai and Renge, in Latvia, that was dismantled back in 2008, the company said LETA/BNS. The track is to be rebuild by the end of 2019, in line with Lietuvos Gelezinkeliai’s commitment to the European…