05.11.2024
Artikel Nummer: 51316
Operail inks sale agreement
The Estonian rail company Operail has concluded a purchase and sale agreement to sell its business to Rail Project OÜ, an affiliate of Tiigi Keskus based in Estonia. The transaction will be completed in the coming months when authorities have given all the necessary approvals.
Operail offers freight transport services on Estonian railways and rolling stock maintenance and repairs. Until the beginning of 2023, it was also engaged in wagon rental and freight transport in Finland.
In February 2024, the government made a substantive decision to privatise Operail’s remaining business lines. The tender for the sale of Operail’s freight transport and repairs business started on 7 June. (ben)