EU awards Rail Baltica a further €928m
27 June 2023
The EU’s Connecting Europe Facility has awarded an additional €928m in funding to an 870km rail line intended to pull the old Soviet states of Estonia, Latvia and Lithuania into the European orbit.
The latest money will be spent on the construction of stations in Latvia, the laying of a priority section from Kaunas in Lithuania to the Latvian border, and a 7.1km stretch of rail in Estonia.
The investment will supplemented by co-financing from the three Baltic States, and an additional €285m will be allocated to the Polish section of the track.
Adina-Ioana Vălean, the European commissioner for transport, said: “The Rail Baltica project used to be a priority, now it is a geopolitical necessity – we need a resilient transport connection for passengers and freight to and from the Baltic States.
“Overcoming different gauges is imperative to create an integrated European railway area that brings fast trains to the region and gives citizens new opportunities to travel between the Baltic States and the rest of Europe.”
Marko Kivila, Rail Baltica’s chief executive, added: “This year, our focus is on commencing mainline construction in all Baltic States, which includes the construction of mainline objects and related infrastructure facilities, and access roads, as well as implementing key services to enhance interoperability and the cross-border dimension of the project.”
In 2020, the European Court of Auditors warned that Rail Baltica was likely to complete in 2030, rather than the official deadline of 2026, and that its cost would be €7bn instead of €5bn. Furthermore, doubts were cast over the likely economic value of the completed asset.
Related
-
Study finds potential for 150 GW of additional PV at substations in Germany
22 September 2026
-
Solar module imports drop 48% in Brazil in H1
21 September 2026
-
EnBW and partners inaugurate 960MW He Dreiht offshore wind project
21 September 2026
-
Tender – Geophysical investigations for geothermal exploration in Brabant Massif, Belgium
16 September 2026
-
Renewables in Europe: TotalEnergies Acquires Shell's Renewables Business and Sells a 50% Stake in a Portfolio of Developed Assets to KKR
15 September 2026
-
Germany: Nordex secures 34 MW order for Rauschenberg wind farm
15 September 2026


京公网安备
11010802030424号
京ICP备19046776号-2