Head of joint Baltic ven­ture RB Rail re­signs

Baltic News Network - - News -

On Thurs­day, 27 Septem­ber, Baiba A. Rubesa, CEO and Chair of the Man­age­ment Board of the Baltic State’s joint ven­ture RB RAIL AS, sub­mit­ted a res­ig­na­tion let­ter to the Su­per­vi­sory Board of the joint ven­ture, ef­fec­tive im­me­di­ately.

To in­form about the res­ig­na­tion and an­swer ques­tions, Baiba A. Rubesa will hold a press brief­ing for me­dia rep­re­sen­ta­tives. Rubesa was ap­pointed as the CEO of RB Rail in 2015. Her term ends in Oc­to­ber. As re­ported, RB Rail has com­menced the search for a new head. Ac­cord­ing to un­of­fi­cial in­for­ma­tion, share­hold­ers would rather see some­one from Poland or Fin­land, not Baltic States.

As BNS was told by RB Rail Coun­cil chair­per­son Rīa Sillave, the com­pany has hired Am­rop per­son­nel se­lec­tion com­pany to help search for the new head. «The con­tract with the cur­rent head of RB Rail ends in Oc­to­ber. The coun­cil has com­menced the search for a new head. Am­rop in­tends to search for the new head in Baltic States, Fin­land and Poland. An open call will be pub­lished in the next of cou­ple weeks. The goal is find­ing the best pos­si­ble can­di­date for Rail Baltica,» she said.

As pre­vi­ously re­ported, in­for­ma­tion re­gard­ing a con­flict be­tween Rubesa and cer­tain RB Rail coun­cil mem­bers be­came pub­lic at the be­gin­ning of the year. Dur­ing a share­hold­ers meet­ing 1 Fe­bru­ary, Es­to­nian and Lithua­nian share­hold­ers voted in favour of Rubesa’s dis­missal. Lat­vian share­holder – head of Euro­pean Rail­way Lines An­dris Lin­užs ab­stained in the vote. Af­ter the de­ci­sion was made, Rubesa an­nounced that the man­age­ment of the com­pany ex­pe­ri­enced pres­sure from the true ben­e­fi­cia­ries of Rail Baltica project. Rail Baltica project pro­vides for the for­ma­tion of a Euro­pean-stan­dard wide rail­way line from Tallinn to the Lithua­nian and Pol­ish bor­der with a pos­si­bil­ity of fur­ther ex­tend­ing the rail­way line to other Euro­pean mem­ber states.

The costs of Rail Baltica will reach EUR 5.8 bil­lion. Part of those costs will be fi­nanced us­ing fund­ing from the Euro­pean Union.

Edijs Pālens/LETA

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