Another financial aid package for Estonian Railways, ‘one of the many to come’

Image: Flickr. Funnyelevator

Estonian Railways (EVR) will receive the second package of governmental financial assistance in a few months. The state-owned company that noted a financial loss of 20,7 million euros in 2022 will receive 8,7 million euros from the state’s monetary reserves. However, this is set to be one of the many financial state interventions for the company as its losses are forecasted to increase in the coming years.

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Author: Nikos Papatolios

Nikos Papatolios is the Chief Editor of RailFreight.com, the online magazine for rail freight professionals.

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