Eesti Raudtee
AS Eesti Raudtee known as Eesti Raudtee or EVR is the national railway infrastructure management authority of Estonia. It owns a network of of broad gauge railway throughout the country, including the used by the Elron commuter trains around Tallinn. It is wholly owned by the Government of Estonia.
History
Establishment and early operations
Shortly following the Estonian Restoration of Independence, the state-owned company Eesti Raudtee was established as the national railway company of Estonia on 1 January 1992. The company's activities primarily involved the movement of rail freight, particularly that of Russian oil products to the ice-free Estonian ports on the Baltic Sea; passenger services were typically provided by separate operators that ran upon Eesti Raudtee's infrastructure via a series of track access agreements.Privatised era
By the mid-2000, it was announced that the Estonian government was seeking to privatize its railway operations. On 31 August 2001, 66 percent of the stock in the company was sold to Baltic Rail Services, a consortium of Rail World, Jarvis, Railroad Development Corporation, and OÜ Ganiger Invest, led by Estonian entrepreneurs Jüri Käo and Guido Sammelselg.As a result of the privatization, new management structures were promptly introduced to the company along with considerable investment aimed at instituting international best practices, amongst other goals. In 2002, Eesti Raudtee introduced a new logo along with a corporate identity during its tenth anniversary. The new logo was the two letters "E" and "R" that are colored red and are merged to each other to symbolize the company's name.
Following an election in 2003, the Estonian government changed the rules on open access rights and capped the level of track access charges that could be imposed, which negatively impacted Eesti Raudtee's commercial viability, causing relations between Baltic Rail Services and the state to sour. In July 2005, Baltic Rail Services issued a notice of dispute to the Estonian government that claimed there had been a breach of bilateral investment treaties. By April 2006, the dispute between the two parties had escalated to the highest levels and the potential sale of the stake in Eesti Raudtee was mooted.