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Lithuanian railways facing the threat of bankruptcy

Lietuvos geležinkeliai (‘Lithuanian Railways’) has all chances to go bankrupt if a company from Belarus files a claim with an international arbitration court. A major partner of the railway company, Belaruskalium, will do this if the Lithuanian side stops the transit of potash fertilizers supplied to the port of Klaipeda to buyers from many countries of the world. The head of the Lithuanian company Mantas Bartushka recently announced the threat of insolvency. According to him, at the moment...

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