“Fima” to Participate in Modernisation of East-West Railway Corridor

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“Fima”, a leading developer of intelligent engineering solutions in the Baltic States, has concluded an agreement with partnership company “Skonto Būve, BMGS, ACB un Binders” on cooperation in the project “Construction of the Second Railway Track between Skrīveri and Krustpils (Riga – Krustpils section)”. The agreement was concluded in December 2010 for three years and envisages the implementation of the project by September 2013. “Fima” will implement the design and construction of railway signalling, centralisation and blocking systems, as well as telecommunication and electrical power supply systems.

The objective of the project is to enhance Latvia’s competitiveness in the transportation and logistics industry. Presently, the total volume of freight traffic in section Riga – Krustpils has already reached 97 percent of this section’s maximum capacity. In addition, this section is also used for local and international passenger train transportation. Skriveri and Krustpils are currently linked by a single track railway, which puts a significant limitation on its throughput capacity.

Within the scope of the project, a second 52 kilometres long track will be built, as a a result of which freight and passenger trains will no longer have to make compulsory stops in order to let other trains pass by.

“Through the application of state-of-the-art technology and best practices acquired by “Fima” in similar projects, the throughput capacity of the entire East-West railway corridor will be increased significantly, improving transportation safety and reducing environmental risks at the same time,” emphasises Kristīne Bērziņa, Chairperson of UAB “Fima” Supervisory Board.

During the last ten years, “Fima” has been involved in the implementation of railway modernisation projects in the Baltic States of an aggregate value of more than 100 million Euros. The company has developed unique competence in the field of railway signalling, telecommunications and electrical power supply systems. The modernisation of the railways in accordance with international standards with the objective to improve railway traffic safety has been top priority in the Baltic states.