POLAND: The Lithuanian state railway group’s freight business LTG Cargo has established a Polish subsidiary to support its international expansion plans and is negotiating a joint venture with PKP Cargo to operate cross-border intermodal services.
LTG Cargo Polska was granted a safety certificate by Polish authority UTK at the end of June and plans to begin operations in the near future, initially between the border at Mockava and the city of Białystok.
‘While rail freight businesses across Europe are experiencing shocks, we see the current period as a window of opportunity for active development’, said LTG Cargo CEO Egidijus Lazauskas on July 7. ‘This will allow us to further diversify our flows, reducing our dependence on traditional types of cargo, the demand for which will gradually shrink over the next decade.’
