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CEOs of railway companies from 1520mm gauge area meet in Tallinn

Monday, 8 February, 2010

One of the key priorities of the railway companies from 1520mm gauge area in the following years will be the development of transit transportations, acknowledged SJSC Latvian Railway Chairman of the Board Uģis Magonis and JSCRussian Railways President Vladimir Yakunin in the II International Regional Rail Business Forum Strategic Partnership 1520: Baltic Region, which took place on 8th February in Tallinn.

 

 

 

The strategy for railway development until 2030 approved by the Russian government foresees to increase transit freight volumes 2.8 times, pointed V.Yakunin in the forum. “Although crisis has considerably influenced economic development in most of the countries, one of the priorities remains development of transit transportations. This is a topical task especially for Baltic Region railway companies,” added President of Russian Railways

 

After the discussions there was held an official forum press conference, in which participated President of Russian Railways Vladimir Yakunin, Chairman of the Board of Latvian Railway Uģis Magonis, Chairman of the Management Board - Managing Director of Estonian Railways Kaido Simmermann and Director General of Lithuanian Railways Stasys Dailydka. U.Magonis drew attention to the specific case of Latvia and its neighboring countries  - the Baltic States: “Our activity is legally affected by the EU law, but we work in the same gauge area as Russia and other SMGS member states with their standards. Thus, we have additional responsibility and quite often difficulties to conform EU requirements to these standards.”

 

 

 

The II International Regional Rail Business Forum Strategic Partnership 1520: Baltic Region, which took place on 8-10 February in Tallinn, gathered CEOs from 1520mm gauge area railway companies, experts and representatives from international railway organizations to discuss topical issues of the sector and development perspectives. The I International Regional Rail Business Forum Strategic Partnership 1520: Baltic Region took place in February 2008 in Riga.

 

Information prepared by LDz Public Relations Department