Belgium has approved a €61 million loan for Lineas to enhance financial stability, reinforce sustainable rail freight transport, and support the company’s strategic growth across European logistics markets. This is reported by the railway transport news portal Railway Supply.

Belgium Backs Strategic Rail Freight Investments

Belgium Grants €61 Million Loan to Lineas for Growth
Source, photo: railwaypro.com

Belgium considers Lineas essential for national logistics and industrial competitiveness. The company operates extensive rail services, employs over 1,500 people, and plays a critical role in cutting carbon emissions.

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Federal ministers emphasized this loan aligns with environmental and economic objectives. They confirmed the government’s long-term commitment to boosting freight transport while supporting decarbonization across vital industries such as chemicals and steel.

Belgium Supports Lineas Transformation Plan

Lineas has reduced EBIT losses from €82 million in 2022 to €13.6 million in 2024. Its roadmap aims for breakeven by 2026 through new contracts and improved financial resilience.

CEO Erik van Ockenburg said this financing strengthens confidence among clients and partners. He reiterated the company’s focus on sustainable logistics, operational efficiency, and high-quality service while maintaining its status as a leading European employer.

Source, photo: railwaypro.com

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