Operail is scrapping locomotives due to financial problems

The Estonian national railway freight company Operail is parting ways with its locomotives, this is reported by the railway transport news portal Railway Supply.

The machines are currently being dismantled, and the parts will be sold to interested parties.

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This decision stems from a challenging financial situation following the loss of transit for Russian goods.

The locomotives, slated for disposal, were acquired in 2002 and remained unused in Estonia for some time, serving as a source of spare parts.

The remnants of the locomotives are now being sold off, with the metal recycling company Cronimet submitting an offer to purchase 32 diesel engines.

While the cost of this agreement has not been disclosed, it is known that the metal weighs around 5,000 tons.

The loss of Russian transit goods has resulted in significant financial losses for Operail.

The future of the company remains uncertain, as Operail has proposed various business strategies to the Estonian government.

According to the Ministry of Climate, Operail could either continue operating as usual, close altogether, or find new sources of income.

A company representative noted that the Estonian market is too small, and international ventures could be the way forward.

As previously reported, LDZ Cargo is expanding cargo transport in Estonia and Lithuania.

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