Estonian Skinest Group to build railways in Finland

(The Baltic Course 25.9.2012)

One of Estonia's most successful entrepreneurs, Skinest Group owner Oleg Ossinovski expanded his railway business to Finland and intends to start renting cargo train cars there but in the future also repair and build railways there, LETA/Eesti Päevaleht writes.

"Renting cargo cars is a very profitable business into which I have invested nearly 150 million euros this year. The Finnish business direction will get a part of that investment," said Ossinovski. "At the moment I have there three people in the office but the aim is to start building railways with Estonian railway workers there."

Skinest Finland targets all services that the railways concern offers, including also sale of locomotives, railcars and spare parts. "The Finns are very much interested in my offer since their railway's Russian direction activities are gathering impetus," said Ossinovski.

Read more: http://www.baltic-course.com/eng/good_for_business/?doc=63366&underline=skinest+finlandexternal link, opens in new window

Uppdated: 2012-10-08
Eu and Baltic sea region Eu Baltic sea region