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Estonian Railroad to be split in two

Aug 13, 2008
By Marge Tubalkain-Trell

NEW STOCK: Much of Estonia`s crumbling railways is to be updated.
TALLINN - Under a separation plan that has already been signed, Estonian Railroad will be split into two sectors: cargo shipping, which can use private investors, and infrastructure, which will use EU support money.  The management of Estonian Railroad signed the separation plan July 30. Under the mother company, AS Estonian Railroad, will be two companies: EVR Infra and EVR Cargo. EVR Infra will be responsible rail-building, and rail maintenance. EVR Cargo will handle cargo shipping, ...

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