UK rail companies working in international projects and providing rail infrastructure services such as planning, construction and management of innovative and sustainable railways met the representatives of the Lithuanian Ministry of Transport and Communications. During the meeting, the companies had the possibility to learn more about Lithuania's strategic project Rail Baltica 2 and other rail projects implemented in the country, the Ministry of Transport and Communication said.
© Shutterstock nuotr.

"UK rail industry is valued for its contribution to implementing large-scale strategic projects. I have no doubt that expertise offered by the UK companies can be useful for Lithuania and the three Baltic states participating in the Rail Baltica project as well," said Saulius Girdauskas, Deputy Minister of Transport and Communications.

According to the deputy minister, Rail Baltica 2 project is important in many respects. Once the project is implemented, Lithuania will be more integrated into the European Union and increase the economic security. For businesses, the new European gauge will allow to ship goods to Europe and, thus, develop further their activities; the citizens will be offered a better quality, faster and safer travel across Europe.

Swedbank's pension funds invest EUR 200 mln into sustainable business

Pension funds managed by the Swedbank financial group are investing 200 million euros, or a sixth...

Belarus complains: Lithuania's blocking Minsk-EU agreement

Belarusian representatives complained in Brussels last week that Lithuania is blocking the...

New trends in startup world: unicorns' aspiration is not key anymore

The question when the first unicorn with over 1 billion of US dollars in value will appear in the...

Shopping frenzy: biggest retail chains plans allocate millions of euros for new stores

Lithuania's five biggest retail chains – Maxima , Lidl , Rimi, Iki and Norfa – have...

Construction launched on EUR 15 mln hotel in Kaunas

Construction is being launched on a 15-million-euro Moxy hotel, part of the Marriott Group , in...