Industries > Transportation

Transportation

Transport industry includes domestic and international carriage goods and passengers by road, rail, air and water routes. Transportation is one of the most developing business areas in the region. For more than a decade it is constantly developing as contacts with Western and Eastern countries are intensifying, domestic demand is increasing and new markets are entered. Convenient geographical position of the Baltic States and the nearby Baltic Sea has positive influence on the rapid development of transport services, therefore a significant part of cargo transported is transit cargo.

Accession of the Baltic States to the EU resulted in a rapid growth of the number of passengers carried by air. Especially successful is the area of cargo transport by trucks. Baltic carriers are among the strongest in the region and successfully compete with the companies from other countries. Cargo handling in Klaipėda, Rīga, Tallinn, Ventspils, Liepoja and Būtingė seaports is increasing, but they have to compete with Russian ports. However, transport service industry faces intense competition, especially with foreign enterprises, and various restrictions and constraints.

In the future this area should develop rapidly. New markets should be conquered, new transport projects will be developed.

Some of the biggest and most important companies in this area are:

• Railway companies Lietuvos Geležinkeliai (Lithuania), Latvijas Dzelzceļš (Latvia), Eesti Raudtee (Estonia);
• Air companies Lietuvos Avialinijos (Lithuania), Air Baltic (Latvia), Estonian Air;
• Sea transport companies LISCO Baltic Service (Lithuania), Latvijas Kugnieciba (LASCO) (Latvia), Tallink (Estonia);
• Car trade companies Silberauto (Lithuania, Estonia), Toyota Baltic, Kommest Auto (Estonia), Mūsa Motors (Latvia), Sostena (Lithuania), Amserv Grupi (Estonia);
• Cargo transportation and forwarding companies DFDS Transport, Kaminera, Girtoka, Transekspedicija (Lithuania), Alpa Centrums, Baltic Transshipment Center, Lattransrail, LSF Trans (Latvia).

Experience

Our Baltic Legal Solutions team advises on all legal issues as well as related to transport of goods by road, rail, sea and air on local and international routes, to forwarding and brokerage legal issues. Our legal network’s transportation sector client base includes local corporations as well as international and global players. The sector has become especially active after EU accession of three Baltic States when the region’s geographical position and taxation system became the key attraction factors for many new investors from east and west.

Links and sources:

Lietuvos statistikos departamentas www.std.lt
Centrālā statistikas pārvalde www.csb.lv
Statistikaamet www.stat.ee
Baltic Business News. Latvian Companies TOP 50 www.balticbusinessnews.com/mod/onl_news.pl?disp=top&file=Latvian_TOP_50.html
Top 500 Companies in Latvia www.konsult.lv/top500.php
Baltic Business News. Lithuanian Companies TOP 100 www.balticbusinessnews.com/mod/onl_news.pl?disp=top&file=LithuaniaTOP100.html
Baltic Business News. Estonian Companies TOP 50 www.balticbusinessnews.com/mod/onl_news.pl?disp=top&file=Est_TOP_50.html
Lietuvos nacionalinė vežėjų automobiliais asociacija Linava www.linava.lt
Autopārvadātāju Asociācija Latvijas Auto www.lauto.lv
Eesti Rahvusvaheliste Autovedajate Assotsiatsioon (ERAA) www.eraa.ee
Vilniaus vertybinių popierių birža www.lt.omxgroup.com
Rīgas Fondu birža www.lv.omxgroup.com
Tallinna Börs www.ee.omxgroup.com
Lietuvos Respublikos ūkio ministerija www.ukmin.lt
Latvijas Respublikas Ekonomikas ministrija www.em.gov.lv
Eesti Majandus– ja Kommunikatsiooniministeerium www.mkm.ee
Verslo žinios www.vz.lt
Dienas Bizness www.db.lv
Äripäev www.aripaev.ee
Lietuvos makroekonomikos apžvalga www.seb.lt/pdf/lt/lma22.pdf