One of the leading railway transport companies in the Baltic region LTG Cargo, is expanding its fleet in order to improve its logistics services and increase its transport capacity in Lithuania. The company will add a total of 12,7 million euros aims to strengthen both national and international transportation networks by investing.
New Investments: Modernization and Capacity Increase
LTG Cargo will commission new freight wagons by 2025 to meet the growing demands of the transport sector in Lithuania. Following a competitive international tender With a Ukrainian manufacturer The company, which signed the contract, made its first wagon deliveries February-April 2025 plans to do so between.
Investment Details
- Investment Amount: 12,7 million euros
- Transport Capacity: Additional per year 0,7 million tons cargo is expected to be transported.
- Load Types: It is especially aimed at transporting building materials and minerals.
Lithuania's Strategic Importance in Railway Transport
Lithuania is rapidly becoming the logistics hub of the Baltic region. Rail Baltica ve Via Baltica Major infrastructure projects such as these significantly increase the demand for rail transportation. LTG Cargo is expanding its operational capacity by evaluating the opportunities arising from these projects.
The Impact of Rail Baltica and Via Baltica
- Rail Baltica: A project connecting the Baltic countries to the European railway network. It will speed up transportation processes.
- Via Baltica: It completes railway projects while supporting road transport in the Baltic region.
These projects give strategic importance to Lithuania's logistics network, making it a hub for both local and international transportation.
Economic Impact of LTG Cargo
LTG Cargo in 2023, reported that construction materials and minerals account for 21% of total transportation volume. The company’s new investments aim to increase this ratio and further consolidate its leading position in the sector.
LTG Cargo Performance in 2023
- Revenue: 286 million euros
- Employment: 1.800 logistics professionals
- Cargo Carried: The highest volume of rail transport in the Baltic region.
The additional capacity to be transported by new wagons will make a significant contribution to the Lithuanian economy, reducing logistics costs and increasing the competitiveness of companies.
International Expansion and Future Strategies
LTG Cargo has a strong presence not only in Lithuania but also internationally. The company is expanding its operations beyond the Baltics with subsidiaries in Poland and Ukraine and maintains its position as the largest rail freight operator in the Baltic region.
2025 Vision
- Compliance with European Standards: The company's fleet will be fully customized to European standards.
- Green Transportation: LTG Cargo aims to promote sustainable transportation with environmentally friendly logistics solutions.
- Customer happiness: By increasing efficiency across the logistics network, customers will be provided with faster and more reliable service.
Green Transportation Initiatives
LTG Cargo invests in efforts to reduce carbon emissions by making environmentally friendly transportation a priority. The environmental advantages of rail transportation are lower carbon emissions and energy efficiency compared to road transportation.
A Strong Leader in Lithuanian Logistics
LTG Cargo's new investments will not only modernize Lithuania's transport infrastructure, but also strengthen its position as the logistics hub of the Baltic region. The company's international expansion and modernization projects will have a positive impact on both regional and global transport networks.
These steps will help Lithuania Europe's rising star in logistics It is an important milestone on the way to becoming a
