Having control of the Ukrainian state railway company Ukrzaliznytsia means having control over the lion’s share of Ukrainian exports and transit of goods, as well as a huge market for companies producing for the railway industry. Germany may soon take it all over.
The Czech Republic’s railway sector is increasingly embracing modern technologies such as AI, while the country's rail companies are planning to make major investments in the coming years and to rejuvenate its fleet gradually.
By the end of December 2019, Serbian President Aleksandar Vučić and Prime Minister Ana Brnabić presented the Serbia 2025 program, which contains a plan of investment projects for the development of the country over the next five years.
On the Croatian rail freight market six freight carriers were active in the Q2’18. The development of railway infrastructure and the increase of passenger and freight transport are key for Croatian economic development.
Rail Baltica’s woes to continue as Lithuanian Latvian and Estonian auditors launch a probe into the internal control systems and public procurement strategies of the company. At the same time, Baiba Rubesa, CEO of the joint venture, resigned.
Estonia became the next country to sign up to the Chinese One Belt One Road Initiative. Meanwhile, Rail Baltica’s troubles continue amid criticism and possible future competition from the Amber Train project.