Russian transport holding Rail Garant has won a tender to operate the container terminal at Estonia's Tallinn Port, the port's board said on Tuesday.
Rail Garant, one of Russia's largest transport holdings, fought off nine over competitors, including Estonia's Transiidikeskuse AS to win the tender, which has been under discussion for the past year.
Rail Garant was successful because of its "innovative business plan," said chairman of the port's board, Neynara Seli.
"Rail Garant's plan will increase the potential of Tallinn Port in the region, attract more shipping lines and increase the attractiveness of the state in the eyes of foreign investors," Seli said.
Seli also praised Rail Garant's experience of working with big international transport carriers, such as Germany's Hoyer.
TALLINN, March 8 (RIA Novosti)