Changes in the Management Board of RB Rail AS

On 4 February the Supervisory Board of RB Rail AS has noted the resignation of Veiko Haavapuu from his position as the Chief Financial Officer and Management Board Member of RB Rail AS. Mr. Haavapuu is leaving the company as of 14 March to return and continue his professional career in private sector.

“In 2021 the Rail Baltica project has reached next level maturity entering construction phase in all three Baltic States. The first consolidated construction material procurements have been launched and the world-class consultants and project partners onboarded allowing to proceed with the railway energy and control-command subsystem development. We have applied for 2021 Connecting Europe Facility call of proposal, strengthened the finance competence in the company and increased focus on transparent, result-driven and efficient treatment of public funds across the whole project in the period of large-scale constructions reaching full maturity by 2024,” said Agnis Driksna, CEO and Chairman of the Management Board at the Rail Baltica joint venture RB Rail AS. “On behalf of the Rail Baltica global project, the RB Rail management team and personally I thank Veiko for his contribution to this unique project and wish him all the success in his new professional endeavours.”

“I highly value the professionals working in this fast-moving and dynamic project and appreciate the opportunity the project team had entrusted me. However, after careful considerations, I have decided to continue my professional career in private sector and will join a company that has a better match with my previous professional experience in retail and trade,” said Veiko Haavapuu.

While the interim and long-term steps will be announced shortly, the Management Board of RB Rail AS continues work on fully functional capacity.