The Lithuanian railways promise to invest 7 billion by 2030. euro | Business



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The company's profit is expected to double over 12 years.

The mission of "Lietuvos geležinkeliai" is to connect people and businesses to a better future. (…) We want to create an internal winning and winning culture. Operates in an international competitive environment where challenges and opportunities are numerous. We want all the opportunities and we want to be leaders by 2030, "said Mantas Bartuška, general manager of Lietuvos geležinkeliai, at a press conference on Wednesday.

The company unveiled a strategy Wednesday In the long term.It predicts that the company's earnings before interest, taxes, depreciation and amortization (EBITDA) will reach 300 million by 2030.

Last year, Lietuvos geležinkeliai's income reached 448 million. – 155 mln The company has won 27 million euros

"Understanding our geography does not necessarily translate the most tons, but we want to be a logistical reference, so if in the region some one wants to choose a service, so the first thought it faces should be "Lithuanian Railways". We must provide the best service, the most convenient connection for people. We want to be leaders in the mobility of Central and Eastern Europe, "said Bartuška.

The company will reach 30% by 2030. up to 70 mln. [19659002] Linas Baužys, director of the pbadenger transport department of the Lithuanian Railways, said that the increase in the number of pbadengers was calculated without the Rail Baltica line.In his opinion, the objective of the 39; business is to get people to get on trains from the car.

"We need to increase speed between major cities. Our competitors are cars. Promoting environmentally friendly driving, we will do our utmost to stay on the trains for those who drive today, "- L. Baužys said Wednesday that

promises to offer new routes to pbadengers Kiev, while trains between Vilnius, Kaunas and Warsaw would lead.

"This December in Vilnius it will be possible to go from Riga to Riga, the occasion will be probably available for Kiev. We are trying to establish faster connections between Vilnius, Kaunas and Warsaw, we will strive to do it in 6-7 hours, "said L. Baužys.

Egidijus Lazauskas, Head of the Freight Directorate of the Lithuanian Railways, says that will promote the growing economy of the country and neighboring countries, as well as the free economic zones in Lithuania that are developing in Lithuania.

The company expects the transit freight traffic will increase by 15% by 2030. up to 36 mln. tons, to Europe and China more than doubled to 9 million.

Lietuvos gelezinkeliai last year carried 52.6 million tons. tons of goods (10.5% more than last year), the number of pbadengers transported per year increased by 5%. up to 4.7 million

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