RB Rail chair­per­son: I have been an «in­con­ve­nient» CEO

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I know I have been an «in­con­ve­nient» CEO, be­cause I refuse to obey nar­row and spe­cific share­hold­ers’ and pro­ject true ben­e­fi­cia­ries’ in­ter­ests, in­stead fol­low­ing high cor­po­rate man­age­ment val­ues, trans­parency and hon­est pro­ject in­tro­duc­tion by rep­re­sent­ing the in­ter­ests of so­ci­ety – three Baltic States, said RB Rail chair­per­son Baiba Rubesa in re­sponse to the de­ci­sion made by Es­to­nian and Lithua­nian share­hold­ers to dis­miss her. She says that work per­formed by RB Rail has been very com­pli­cated in the past two years, largely be­cause of the con­se­quences from coun­cil’s slow de­ci­sion-mak­ing process. This had in­flu­enced the com­pany’s abil­ity to progress for­ward and re­al­ize the pro­ject’s ac­tiv­i­ties in time.

«In re­al­ity, the coun­cil of the com­pany has been fac­ing con­stant re­stric­tions, im­ped­ing RB Rail’s abil­ity to ef­fi­ciently or­ga­nize its work and mak­ing the pro­ject’s re­al­iza­tion an even greater chal­lenge,» said the CEO.

Rubesa also notes that there are mul­ti­ple im­por­tant de­ci­sions to be made at the be­gin­ning of the year. All of them will have an ef­fect on Rail Baltica pro­ject:

-ap­proval of Rail Baltica con­struc­tion guide­lines as a ref­er­ence doc­u­ment for the en­tire rail­way line based on agreed-upon stan­dards; -de­ci­sion-mak­ing in re­gards to im­prov­ing the 1,435 rail­way line in Lithua­nia from Kau­nas to the Pol­ish-Lithua­nian bor­der;

-as well as in­fra­struc­ture man­age­ment mat­ters. Rubesa adds stud­ies and de­ci­sions are espe­cially im­por­tant for Lithua­nia. «In this con­text, I am proud out my abil­ity to strictly op­pose con­flicts of in­ter­est cre­ated by mem­bers of the coun­cil who make de­ci­sions ‘sit­ting in two chairs’ – as pro­ject share­hold­ers and po­ten­tial sup­pli­ers,» says Rubesa.

She re­veals that he has faced count­less at­tempts to in­ter­fere with the pro­ject from ‘up high’. «In pro­cure­ment pro­cesses, for ex­am­ple, we have seen end­less de­mands to sacri­fice our adopted, in­ter­na­tion­ally-rec­og­nized pro­cure­ment prac­tices. I have also ex­pe­ri­enced in­ter­fer­ence by mem­bers of the gov­ern­ment in board mem­ber se­lec­tion pro­cesses,» said Rubesa.

In her an­nounce­ment to the press, Rubesa also men­tioned that so far she has not re­ceived any for­mal state­ments from share­hold­ers, ex­cept for an in­for­mal con­ver­sa­tion with the chair­man of RB Rail Coun­cil.

«I un­der­stand that the rea­son why cer­tain share­hold­ers was my ini­tia­tive to se­cure ef­fi­cient man­age­ment and co­or­di­na­tion of the pro­ject, re­view­ing the pro­ject’s in­tro­duc­tion struc­ture, as well as my pro­posed of­fer re­gard­ing a new highly-in­te­grated pro­ject in­struc­tion model, which is some­thing re­quested by Euro­pean Com­mis­sion,» said Rubesa.

She says that the con­tract among the of­fi­cial pro­ject ben­e­fi­cia­ries – min­is­ters of three Baltic States – re­gard­ing the or­ga­ni­za­tion of the pro­ject’s re­al­iza­tion is the pre-con­di­tion for the sign­ing of the next Con­nect­ing Europe Fa­cil­ity fund­ing con­tract.

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