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From Wikipedia, the free encyclopedia

Eesti Raudtee
TypeState owned
IndustryTransport
Founded1992
HeadquartersTallinn, Estonia
Area served
Estonia
ProductsFreight trains
ParentGovernment of Estonia
Websitewww.evr.ee
Eesti Raudtee
Overview
HeadquartersTallinn
LocaleEstonia
Technical
Track gauge1,524 mm (5 ft)[1]
Other
Websitewww.evr.ee

Eesti Raudtee or EVR is the national railway infrastructure company of Estonia. It owns a network of 691 kilometres (429 mi) of broad gauge (1,524 mm (5 ft)) railway throughout the country, including the 192 kilometres (119 mi) used by the Elron commuter trains around Tallinn. Its sole shareholder is the Government of Estonia.

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Transcription

History

After the independence of Estonia, the state-owned company Eesti Raudtee was founded on January 1, 1992, as the national railway company of Estonia. On August 31, 2001, 66% of the stock in the company was sold by the government to Baltic Rail Services, a consortium of Rail World (25.5%), Jarvis (25.5%), Railroad Development Corporation (5%), and OÜ Ganiger Invest, led by Estonian entrepreneurs Jüri Käo and Guido Sammelselg (44%).[2]

In 2002, Eesti Raudtee introduced a new logo along with a corporate identity during its 10th anniversary. The new logo was the two letters "E" and "R" that are coloured red and are merged each other to symbolise the company's name.

Following an election in 2003, the new government changed the rules on open access rights and capped the level of track charges, which reduced the railway's viability. The railway was bought back by the state in a transaction completed in January 2007.[3][4][5] In 2009 two new EVR wholly owned subsidiaries were formed: EVR Infra, responsible for managing the railway infrastructure, and EVR Cargo, which took over the parent company's freight operations.[6] This was to comply with European Union legislation.[7] In 2012 freight operator AS EVR Cargo (renamed Operail in 2018) was separated from Eesti Raudtee and EVR Infra was renamed Eesti Raudtee.[8]

References

  1. ^ "Estonian railways today" (PDF). p. 32. Archived from the original (PDF) on 3 March 2016.
  2. ^ Railroad Development Corporation (4 September 2001). "Baltic Rail Services Completes the Purchase of a Controlling Interest in Eesti Raudtee, Estonian State Railways" (PDF) (Press release).
  3. ^ Hanson, Martin (15 September 2006). "Raudtee tagasiost sai heakskiidu" (in Estonian). Äripäev. Archived from the original on 10 October 2007. Retrieved 25 July 2007.
  4. ^ "EVR's private interlude is over". Railway Gazette International. February 2007. Archived from the original on 31 May 2012.
  5. ^ "Eesti Raudtee". Railroad Development Corporation.
  6. ^ "About Estonian Railways". Eesti Raudtee. Retrieved 15 February 2010.
  7. ^ "EVR split takes effect". Railway Gazette International. 27 January 2009.
  8. ^ "History of Estonian Railways Ltd". Eesti Raudtee. Archived from the original on 23 June 2017. Retrieved 4 June 2016.

External links

Media related to Eesti Raudtee at Wikimedia Commons

This page was last edited on 21 February 2021, at 15:27
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