The holding company established by the Ministry of Transport and Communications will initially include the companies Lithuanian Railways, Problematika, Smiltynes perkela, Lithuanian Radio and Television Center, Detonas and the Lithuanian Post. In the future, once the transport companies under the control of the ministry will be reorganized into public companies, they will also be included under the coordination of the holding company. The main purpose of this action is to offer the parties involved the best solutions for an efficient and reliable transport.

The Minister of Transport and Communications of Lithuania, Rimantas Sinkevičius, appreciated this reorganization as beneficial to the state's economy considering the facilitation of efforts to improve the operating efficiency of transport companies, the reduction of administrative costs and the removal of functional overlaps.

Source: Baltic Transport Journal