Estonia to merge 6 transport companies

Six Estonian state-owned companies of the transport and infrastructure sector are to be merged into a consortium, if the government approves a plan at the end of this month for a reform of state-owned companies drawn up by the Ministry of Economic Affairs and Communications.
The 6 companies are the railway infrastructure manager Eesti Raudtee, the rail cargo operator EVR Cargo, the port company Tallinna Sadam (Port of Tallinn), the pilotage company Eesti Loots, the operator of regional ports Saarte Liinid and the airport company Tallinna Lennujaam (Tallinn Airport).
The new company would take over the support services of all these businesses, such as IT, real estate management, financial management, legal counseling and internal audit. In this way, the railway company would be dealing with just the tracks and the port company with the quays in the future.
Minister of Economic Affairs and Infrastructure Kristen Michal announced his wish to carry out a comprehensive reform of the businesses in his area of government already a year ago, immediately after taking office as minister of economic affairs in the second government of Taavi Roivas. Now the reform plan overseen by the Ministry of Finance has become mature enough to be put before the government.


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