Tallinna Sadam ferry operating subsidiary TS Laevad and the Road Administration (Maanteeamet) have signed a cooperation agreement for additional voyages and the acquisition of a new vessel. As an increase in demand on the Virtsu-Kuivastu and Rohukula-Heltermaa is expected in the years to come, TS Laevad and the Road Administration have signed an annex to…
The State Agency of Automobile Roads of Ukraine (Ukravtodor) has announced its intention to overhaul 40 km of the M-05 Kyiv-Odesa road at the expense of funds from international financial organizations, and Onur Taahhut Tasimacilik Insaat Ticaret Ve Sanayi A.S. (Turkey) has been determined as the contractor with a contract signed for the amount of…
The State Agency of Automobile Roads of Ukraine (Ukravtodor) plans to receive the second tranche of the loan under state guarantees in June. “We depend on construction plans, but the next tranche will be in June,” Ukravtodor Head Oleksandr Kubrakov said. He noted that on April 30, Ukravtodor received the first tranche of the loan…
The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) will provide a EUR 75-million sovereign loan to modernize Tbilisi’s metro network in Georgian capital city. The EBRD will allocate EUR 65 million, while the GCF will provide EUR 10 million, which will be spent on the acquisition of 40 modern…
Following a request from Latvia’s Transport Ministry, airBaltic airline will perform flights to and from Amsterdam on May 11 and 12 to carry employed persons back to Latvia and ensure other employed persons are able to reach their workplaces in other EU member states. Each flight will carry up to 141 passengers, the airline reports.…
The Lithuanian government has allowed regular Vilnius-Frankfurt flights to resume on May 10. Flights in Lithuania were allowed to start on April 30, but all inbound flights needed to be approved by the government. There are no restrictions on outbound flights, “as they will not affect the epidemiological situation in the country,” according to the…
Infrastructure Minister Vladyslav Kryklii says Ukraine’s joint-stock railway company Ukrzaliznytsia (UZ) has put its cooperation with Deutsche Bahn and preparations for an initial public offering (IPO) on hold. “Consultations with Deutsche Bahn will be put on hold,” he said. “Do you remember the amount of the bid? It’s over UAH 80 million ($2.95 million). UZ…