Estonian Railways will be developed on credit

Estonian Railways will be developed on credit
Avaldatud 03. juuni 2020.a.
The European Union will help Estonia to modernize the railway network as part of the development of the Trans-European transport network. The European investment Bank has agreed to allocate a loan of 95 million euros to the Estonian national operator Eesti Raudtee.

Optimization of transportation processes, implementation of digital management methods and technical re-equipment of the railway are especially important now, when the economy of Estonia, as well as the majority of EU members, is experiencing a severe crisis against the background of the covid-19 pandemic. According to statistics in April this year, the country's industrial production fell to the level of 2000.

Source: baltic-course.com