RB Rail, a company responsible for developing the Baltics-wide standard gauge railway, has chosen DB Engineering & Consulting to iron out a long-term business plan and strategy for the project.

The scheme, to be approved in summer 2018 and updated annually, will cover Rail Baltica's implementation and operational phases.

Specifically, it will include a general market research (incl. market policy), a management model, a service and income statement analysis, a financial plan (incl. estimations of required capital investments and scrutinising inventory and tax issues), key performance indicators, and a risk and scenario analysis,

The contract is valued at €359,850 (excl. VAT).

Source: The Baltic Course

Photo: Rail Baltica Growth Corridor