Company briefs - 2007-07-18

  • 2007-07-18
Eesti Talleks, owner of a Volkswagen distributor, opened the first Lamborghini showroom in the Baltics and Finland in Tallinn on July 12. The 180 square meter showroom in Mustamae features a Lamborghini Gallardo, the list price of which starts at 2.5 million kroons (160,000 euros). "There is very strong potential for Automobili Lamborghini in new markets such as Estonia, and our new dealership in the capital city is a mark of our commitment to establishing and expanding the brand within such markets," said Stephan Winkelmann, CEO of Automobili Lamborghini. Eesti Talleks said its goal is to sell at least 10 Lamborghinis per year.

Lithuania is not preparing to sell the Klaipedos Nafta oil terminal, Prime Minister Gediminas Kirkilas said, given the terminal's strategic position in the economy. As of late there have been rumors that PKN Orlen was lobbying Vilnius to buy the terminal as part of the company's strategic plans to boost its infrastructure assets in the region.

Estonian and Finnish railway executives have met three times over the past year to mull the possibility of launching a rail ferry between the two countries. Kaido Simmermann, CEO of Eesti Raudtee (Estonian Railway), said demand was large enough for such a ferry and that a decision should be made as soon as possible. Officials from ports and Tallink, the passenger ferry operator, have participated in the meetings. Tallink was brought in as a potential investor, since its subsidiary Silja Line has long-time experience in operating a rail ferry between Finland and Sweden, according to reports. "The rail ferry will be put in operation at some point, but we can't tell exactly when right now, since only a couple or so meetings have taken place so far," director Lembit Kitter said.