Latvian government supports in principle new train procurement project

  • 2017-06-14
  • LETA/TBT Staff
Pasazieru Vilciens (Passenger Train) company will continue its procurement for new electric trains, even though the project will have an impact on the state budget, as the government supported the move in principle today. The Transport Ministry explained that, according to the European Parliament and the Council's Regulation of May 21, 2013 on the European system of national and regional accounts (ESA) in the European Union, Pasazieru Vilciens is part of general government sector. Therefore an increase in the value of the company's assets (construction of a depot ...
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