LTG Cargo Polska, a subsidiary of the Lithuanian company LTG Cargo (Lietuvos Geležinkeliai), has received a new Vectron MS locomotive from Siemens. Another electric locomotive is also expected to be delivered in February.
The Cabinet of Ministers of Ukraine has simplified the conditions for exporting sunflower seeds to Bulgaria by introducing an automatic licensing regime instead of a non-automatic one. The relevant decision was made at a government meeting on February 2, 2024.
As part of the project to reconstruct the Bender-Basarabeasca-Etulia railway section in Moldova (implemented by Temirzhol Zhondeu LLP), an agreement was reached to export P-65 rails manufactured by the Aktobe Rail and Structural Steel Works (Kazakhstan) for major repairs.
Poland has received the largest co-financing of all EU countries for projects implemented with EU funds from the Connecting Europe Facility (CEF). €129.4 million (approximately PLN 550 million) was allocated for the renovation of roads, railways, and the construction of transshipment terminals.
Gondola car price index, €/unit*
Gondola car rental rate index, €/day*
The small-tonnage market looks quite unexciting and a bit doomed this week. After some minor improvements reported last week, owners were hoping for further recovery of activity in the Mediterranean Sea, but the regional cargo flow has slowed down slightly again.
The plants of OSTCHEM nitrogen holding (Group DF) produced 2.1 million t of mineral fertilizers in 2023 (up 19.51% year-on-year), including 1.56 million t at Cherkasy Azot (up 39.63% year-on-year) and 528,000 t at Rivne Azot (down 10.81% year-on-year).
Rental rates have held steady in the Baltic countries in January 2024 compared with December 2023. The changes in some rental rates can be explained exclusively by currency fluctuations.
Kremenchuk Steel Works did not produce large railway steel castings in December 2023. The total production reached a total of 9,200 t in 2023.