Latvian executive appointed interim CEO of joint venture coordinating Rail Baltica project

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RIGA, Nov. 26 (Xinhua) -- The board of RB Rail, the Baltic joint venture coordinating Rail Baltica transnational railroad project, has appointed Latvian executive Agnis Driksna the company's interim CEO, Rail Baltica spokeswoman Liene Lapsevska said on Tuesday.

Driksna is taking over from Finnish executive Timo Riihimaki who on Dec. 1, 2019 is standing down as Rail Baltica CEO due to personal reasons.

Since 2016, Driksna has been heading the Development and Communications Department of European Railway Lines, a company that holds the Latvian stake in RB Rail joint venture.

The recruitment of a permanent RB Rail CEO will start shortly, the company's board informed.

Also, Mart Nielsen is stepping down as RB Rail CTO on Dec. 23, 2019 to pursue a career in the private sector. He will be temporarily replaced by Kaido Zimmerman, head of RB Rail Planning and Design Department, the company said.

"Supervisory Board has appointed two senior level professionals to continue the work of Rail Baltica Joint Venture. We are confident that both Mr Driksna and Mr Zimmermann will ensure continuous leadership until the appointment of the permanent Management Board Members of RB Rail," said RB Rail Board Chairman Karolis Sankovski.

Rail Baltica is a double track, European standard 1,435 mm gauge electrified railway for passenger and freight transport to be built from Tallinn via Riga to the Lithuanian-Polish border. The overall length of the railway will be 870 kilometers. The total cost of Rail Baltica project is estimated at around 5.8 billion euros. (6.39 billion U.S. dollars) (1 euro=1.10 U.S. dollars) Enditem

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