Company briefs - 2005-01-26

  • 2005-01-26
Lithuania's ferry operator Lisco Baltic Service, controlled by Danish DFDS, will open a new direct line to Gdansk on Feb. 6, shortening the trip by bypassing Kaliningrad. The ferry Kaunas will travel some eight hours to Gdansk each Sunday. "The trip to Poland will be much shorter. We may increase the number of weekly routes if we see growing demand," said Vaidas Klumbys, head of Lisco Baltic Service's communications and advertising department. Although tariffs have not yet been approved, preliminary estimates hold that a one-way passenger ticket will cost approximately 70 litas (20.3 euros).

AS Empower EEE won a state procurement tender for the construction of a 330-kilovolt power line linking Narva and Tallinn. A spokesperson from Eesti Energia (Estonian Energy), parent company of tender organizer OU Pohivork, said that construction would cost around 375 million kroons (24 million euros). The company's most monumental electrical energy project, the Balti-Kiisa high voltage power line plays a vital role in ensuring electricity supply to central and western Estonia. The line will span a length of 215 kilometers and is to be completed by Dec. 29, 2006.

Eesti Energia welcomed Lithuania's plans for constructing an undersea electricity cable between Lithuania and Sweden. "The search for new solutions is very much to be welcomed 's multiple links between the electricity systems of different countries make the supply of electricity more reliable," spokeswoman Helen Sabrak said. She added that Lithuania, together with Estonia, Latvia and Finland, is a shareholder in the Estlink project, which she expects to move ahead now. The Estlink cable, estimated to cost some 110 million euros, should be ready at the end of 2006.