OP Corporate Bank Grants Latvijas dzelzceļš VAS a Loan for Infrastructure Modernisation

“Freight transport, logistics and transit are a key part of the Latvian national economy, contributing to it substantially. OP Corporate Bank plc, in cooperation with Latvijas dzelzceļš VAS, is pleased to make its contribution to the modernisation of the railway infrastructure, thus promoting the sector development and growth of the Latvian national economy,” said Elmārs Prikšāns, General Manager of OP Corporate Bank plc Latvia Branch.

Published9.5.2017, 21.00

OP Corporate Bank plc Latvia Branch granted the loan for a duration of seven years. Latvijas dzelzceļš VAS will invest the borrowed funds in the overhaul of railway tracks, replacement of switch links, building of optical networks and other projects related to infrastructure modernisation.