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Swedbank Lends Eur 109 Million for Ltg Electric Locomotives

Summary by Lietuvos Radijas Ir Televizija
Swedbank is lending EUR 109 million to the Lithuanian Railways Group (LTG), for which the state-owned group's subsidiary freight transport company LTG Cargo will purchase new electric locomotives ordered at the end of 2024 - they are being manufactured by the Swiss company Stadler Rail in Spain.

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Lietuvos Radijas ir TelevizijaLietuvos Radijas ir Televizija
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Swedbank Lends Eur 109 Million for Ltg Electric Locomotives

Swedbank is lending EUR 109 million to the Lithuanian Railways Group (LTG), for which the state-owned group's subsidiary freight transport company LTG Cargo will purchase new electric locomotives ordered at the end of 2024 - they are being manufactured by the Swiss company Stadler Rail in Spain.

·Vilnius, Lithuania
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vz.ltvz.lt

Lithuanian Railways Borrows Eur 109 Million to Purchase Electric Locomotives

The purchase, expected in 2027, will allow the use of the currently electrified section from Vilnius to Klaipėda, creating conditions for faster and more sustainable freight transport.

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Lietuvos Radijas ir Televizija broke the news in Vilnius, Lithuania on Tuesday, January 6, 2026.
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