PwC to analyse future prospects of railway
February 2021
PwC won the public procurement organised by the Ministry of Finance, the objective of which is to perform a legal and economic analysis to define the opportunities and needs for a potential reorganisation of the current administration of the Estonian railway infrastructure and the current organisation of railway transportation.
On 1 January 2021 the Estonian Transport Administration commenced its work, merging the operations previously performed by the Estonian Civil Aviation Agency, the Estonian Road Administration and the Maritime Administration of Estonia. The objective of such a joint administration is to manage and shape all modes of transportation in a more efficient and comprehensive manner. Against this backdrop, it is the task of PwC to define an optimum management structure and organisation for the railway infrastructure and railway transport and to establish how to guarantee management that is integrated with other modes of transportation.
“This is a complex issue with a number of legal aspects due to various legislative acts, the Rail Baltic project and international agreements. As a result of our analysis we will try to establish the most reasonable and practical development scenario which would then serve as a basis for further work,” said Erki Mägi, Consulting Director at PwC.
“PwC is the best partner for performing such a complicated analysis because we offer auditing, advisory, tax and legal services – the communication between these different service lines allows quick and efficient cooperation,” he added.
PwC is the largest global network providing business advisory services, it is represented in 155 countries and over 284 000 people work for the network.
