Italferr has signed the largest contract in Vilnius ever before achieved in Europe, with the company of the Italian State Railways group which will have a leading role, in partnership with other foreign companies, as part of the Rail Baltica project, a priority infrastructure and strategic for the European Union that will extend for 870 kilometers involving five countries: Poland, Lithuania, Latvia, Estonia and, indirectly, Finland as well. The total value of the contract is 1.7 billion euros. The line will run from Warsaw to Tallinn, where it is planned to a future submarine link to Helsinki.

The FS Group engineering company will have the supervising and coordinating the implementation of the signalling and energy subsystems, as well as taking care of the of the works management for the construction of the new high line speed in Latvia, 230 km double-track.

The contract signed with the COBELEC consortium (Cobra Group & Grupo Elecnor) represents a milestone for the development of infrastructure of the Baltic region and its integration within the TEN-T network of the European rail system by 2030, with significant impacts in terms of sustainability, energy efficiency and interoperability. Expected benefits also for the economic and employment impact with the creation of about 13 thousand jobs during the construction phase.

The project is expected to contribute to the growth of the regional GDP by 0.5-0.7% per year, stimulating urban development, tourism and new business opportunities. Also planned an estimated 30-40% reduction in heavy road traffic and a savings of 7.1 billion euros.