Lithuania's government is taking measures to cut state-run railway company Lietuvos Geležinkeliai's (Lithuanian Railways) losses linked to the transportation of passengers, set to reach around 34 million euros this year.
© Lietuvos geležinkeliai

The Transport Ministry suggests introducing a combined passenger service when passengers take part of their journey by rail and are then taken by bus.

Such a scheme is estimated to allow the government to save at least 1.3 million euros in compensation this year, paid to Lietuvos Geležinkeliai from the state budget for the transportation of passengers.

"The Transport Ministry has decided to trial a new combined rail-bus scheme in Lithuania, which is widely used in Western Europe, when buses are used to bring passengers to trams, metro or railways," Jurgita Norkienė, a spokeswoman for the ministry, told BNS Lithuania.

In her words, 2.5 million people traveled by rail in the first half of this year, up 5.5 percent from the same period last year. But the number is still too low and Lietuvos Geležinkeliai incurs losses from this activity.

The train occupancy rate now stands at just 35 percent, the ministry says.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Baltic States seek a single regional assessment

Ministers of finance of Lithuania, Latvia and Estonia, the European Commission and NASDAQ appealed...

LMT presents three digital service innovations at Baltic Mobile Congress

LMT (Latvian Mobile Telephone) is the telecommunications market leader in Latvia and a digital service...

CERN is considering the possibility of establishing business incubation centre

Last week, CERN delegation paid a visit to Kaunas University of Technology (KTU) Santaka Valley. The...

Israeli cloud services integrator chooses Vilnius for European base

TeraSky, a leading Israeli cloud solutions integrator, has just announced the opening of its European...

The popular French fashion brand „Gémo“ enters the Baltic States: first store in Lithuania – in 2019

The popular French fashion brand „Gémo“ entered the Baltic States - the first regional store was...