Cobalt has advised Austrian railway and infrastructure constructor Swietelsky AG on winning a EUR 237 million contract to build the Rail Baltica station and related infrastructure at the Riga International Airport. The contract was awarded in a public procurement procedure by Eiropas Dzelzcela linijas SIA, the implementing body of the Rail Baltica project in Latvia.
According to Cobalt, Swietelsky AG participated in the tender as a part of a consortium that also included Latvia’s Binders SIA and LNK Industries AS. According to the firm, the project includes the construction of a three-level station building, overpass structures, and access roads with related infrastructure, as well as railway tracks. The project is designed to connect the Riga Central Station to the airport via Rail Baltica’ high-speed and shuttle trains. The project will be carried out in five stages and is expected to finish by December 2025.
Cobalt’s team included Managing Partner Dace Silava-Tomsone, Partner Sandija Novicka, and Associate Arturs Valdersteins.