{"id":155281,"date":"2023-12-22T09:38:29","date_gmt":"2023-12-22T09:38:29","guid":{"rendered":"https:\/\/bdm-stg.mda.pl\/informacje-prasowe\/budimex-will-build-a-high-speed-railway-in-latvia\/"},"modified":"2024-06-07T11:22:52","modified_gmt":"2024-06-07T11:22:52","slug":"budimex-will-build-a-high-speed-railway-in-latvia","status":"publish","type":"press","link":"https:\/\/bdm-stg.mda.pl\/en\/press\/budimex-will-build-a-high-speed-railway-in-latvia\/","title":{"rendered":"Budimex will build a high-speed railway in Latvia"},"content":{"rendered":"\n
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22.12.2023<\/p>\n

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Budimex will build a\u00a0high-speed railway in\u00a0Latvia<\/h2>\n

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\n December 21, 2023 a\u00a0contract for the construction of the Rail Baltica railway line in\u00a0Latvia was signed. As\u00a0part of the contract worth EUR 3.7 billion, the winning ERB RAIL consortium, consisting of France\u2019s Eiffage G\u00e9nie Civil, Polish\u2019s Budimex and Italy\u2019s Rizzani de\u00a0Eccher, will build a\u00a0230-kilometre high-speed railway. The aim of the task is to\u00a0integrate the Baltic States into the European railway network by\u00a0creating a\u00a0connection between Tallinn and Warsaw. The works will begin in\u00a02024 and will last 8 years. <\/strong>\n <\/p>\n

Budimex, which holds a\u00a030% stake in\u00a0the winning consortium, will build civil engineering structures and tracks for an approximately 230-kilometre section of the new Rail Baltica high-speed line in\u00a0Latvia. The value of the contract, which includes 175 engineering structures and 11 animal crossings, is estimated at\u00a0\u20ac3.7 billion. It will be\u00a0the subject of several multi-year procurement: 85% of this project is financed by\u00a0the European Connecting Europe Fund and 15% by\u00a0the Republic of Latvia.<\/p>\n

\u201cThe signing of this agreement and Budimex\u2019s participation in\u00a0the consortium implementing one of the largest EU\u00a0railway projects is a\u00a0great success for the Polish construction industry. The success of our country \u2013 Polish \u2013 is also the fact that it will be\u00a0the general contractor of the largest infrastructure investment in\u00a0Latvia with a\u00a0total value exceeding PLN 16 billion. It will also be\u00a0a\u00a0high-speed line, which is the highest railway standard in\u00a0Europe. We\u00a0have been working on\u00a0this contract as\u00a0a\u00a0consortium for over 2 years, together with leading players from the European Union market: Eiffage Genie Civil and Rizzani de\u00a0Eccher \u2013<\/em> says Artur Popko, President of the Management Board of Budimex SA.<\/p>\n

Recently, Budimex has significantly accelerated its expansion into foreign markets. The company has been present m.in for many years. in\u00a0Germany. Recently, Budimex has been present in\u00a0Slovakia, where it is building one of the most important and most anticipated motorway contracts in\u00a0this area \u2013 the intersection of D1 and D4. What is more, later this year, the company will start the implementation of its first contract in\u00a0the Czech Republic \u2013 the Kut\u0159\u00edn dry retention reservoir. Budimex also submitted the lowest bids and took first place in\u00a0two tenders: for the construction of the D11 Trutnov motorway section to\u00a0the Polish border and the D35 motorway from D\u017eb\u00e1nov to\u00a0Litomy\u0161l in\u00a0the Czech Republic.<\/p>\n

\u201c2023 was a\u00a0breakthrough year for our group and we\u00a0are ending it in\u00a0very good moods. We\u00a0have a\u00a0stable order book, and the Rail Baltica project is the largest contract in\u00a0the history of Budimex. We\u00a0were very keen on\u00a0geographical diversification, which is why we\u00a0are all the more pleased that the chosen directions of development in\u00a0the Budimex Group are already bringing such significant successes \u2013 <\/em>says Artur Popko, President of Budimex.<\/p>\n

Rail Baltica is being built as\u00a0part of the Trans-European Transport Network (TEN-T) and is one of the most important completely new railway infrastructure projects in\u00a0Europe. The purpose of the construction of the route connecting Poland, Lithuania, Latvia, Estonia and, indirectly, Finland is to\u00a0accelerate the integration of these areas with the European Union and to\u00a0increase trade between these countries, thus enabling the creation of a\u00a0genuine European single market. An important element of the investment is also the ecological aspect \u2013 the construction of the line will make the railway an alternative to\u00a0road transport, and thus significantly reduce CO2 emissions into the atmosphere. The design speed of the Baltic section of the route connecting Tallinn, P\u00e4rnu, Riga, Panev\u0117\u017eys, Kaunas, Vilnius and Warsaw is 249 km\/h for passenger transport and 120 km\/h for freight trains.<\/p>\n

The tender for the construction of the Latvian section was announced in\u00a02021 and was a\u00a0two-stage procedure. In\u00a0February 2022. 6 consortia applied for pre-qualification. The final selection was made in\u00a0September 2023.<\/p><\/div>\n <\/div>\n

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On December 21, 2023, a contract was signed for the construction of the Rail Baltica railway line in Latvia. As part of the contract worth EUR 3.7 billion, the winning ERB RAIL consortium, consisting of France’s Eiffage G\u00e9nie Civil, Polish’s Budimex and Italy’s Rizzani de Eccher, will build a 230-kilometre high-speed railway. …<\/p>\n","protected":false},"featured_media":145070,"parent":0,"template":"","press_type":[772,773,537],"acf":[],"yoast_head":"\nBudimex will build a high-speed railway in Latvia - Budimex<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budimex will build a high-speed railway in Latvia - Budimex\" \/>\n<meta property=\"og:description\" content=\"On December 21, 2023, a contract was signed for the construction of the Rail Baltica railway line in Latvia. As part of the contract worth EUR 3.7 billion, the winning ERB RAIL consortium, consisting of France's Eiffage G\u00e9nie Civil, Polish's Budimex and Italy's Rizzani de Eccher, will build a 230-kilometre high-speed railway. ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bdm-stg.mda.pl\/en\/press\/budimex-will-build-a-high-speed-railway-in-latvia\/\" \/>\n<meta property=\"og:site_name\" content=\"Budimex\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-07T11:22:52+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bdm-stg.mda.pl\/en\/press\/budimex-will-build-a-high-speed-railway-in-latvia\/\",\"url\":\"https:\/\/bdm-stg.mda.pl\/en\/press\/budimex-will-build-a-high-speed-railway-in-latvia\/\",\"name\":\"Budimex will build a high-speed railway in Latvia - Budimex\",\"isPartOf\":{\"@id\":\"https:\/\/bdm-stg.mda.pl\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bdm-stg.mda.pl\/en\/press\/budimex-will-build-a-high-speed-railway-in-latvia\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bdm-stg.mda.pl\/en\/press\/budimex-will-build-a-high-speed-railway-in-latvia\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bdm-stg.mda.pl\/app\/uploads\/2024\/06\/s-x-x-59.jpg\",\"datePublished\":\"2023-12-22T09:38:29+00:00\",\"dateModified\":\"2024-06-07T11:22:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bdm-stg.mda.pl\/en\/press\/budimex-will-build-a-high-speed-railway-in-latvia\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bdm-stg.mda.pl\/en\/press\/budimex-will-build-a-high-speed-railway-in-latvia\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bdm-stg.mda.pl\/en\/press\/budimex-will-build-a-high-speed-railway-in-latvia\/#primaryimage\",\"url\":\"https:\/\/bdm-stg.mda.pl\/app\/uploads\/2024\/06\/s-x-x-59.jpg\",\"contentUrl\":\"https:\/\/bdm-stg.mda.pl\/app\/uploads\/2024\/06\/s-x-x-59.jpg\",\"width\":2400,\"height\":1238},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bdm-stg.mda.pl\/en\/press\/budimex-will-build-a-high-speed-railway-in-latvia\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bdm-stg.mda.pl\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Budimex will build a high-speed railway in Latvia\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bdm-stg.mda.pl\/en\/#website\",\"url\":\"https:\/\/bdm-stg.mda.pl\/en\/\",\"name\":\"Budimex\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bdm-stg.mda.pl\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Budimex will build a high-speed railway in Latvia - Budimex","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Budimex will build a high-speed railway in Latvia - Budimex","og_description":"On December 21, 2023, a contract was signed for the construction of the Rail Baltica railway line in Latvia. 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