The 31st of January is the day when finishes the request period for buying buses and trolleybuses for municipal enterprise Rigas satiksme. But financing sources are still not clear. Due to this fact, the company’s director Leon Bemhens announced that now the manufacturers are used to arrange financing.
On the basis of Rigas Stiksme investing plan for this year it will be necessary about 7 million lats to buy 175 new buses and about 9,6 mln lats to buy 125 trolleybuses (the data are approximate).
The company has already negotiated with banks, but the banks didn’t show interest to credit for buying new transport. This could be connected with unsuccessful experience of Rigas Satiksme previous credits, when some banks joined to credit. But the amount of finance is too big for the only one bank.
Therefore Rigas Satiksme for the first time is going to raise funding from the manufacturers. Mr. Bemhens noticed that there works such model as investment banks that support their country’s export goods in some European countries as, for example, Poland, Czech, France. He added, that it is necessary to buy new transport every year. According to his words, in the period from the 1990th till the 1997th there were not any investments in the transport, that’s why arose an “investment collapse” that used to be corrected.
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