2025 Universal Registration Document

Economic performance

Rail Baltica, strengthening Europe’s strategic infrastructure

As part of Rail Baltica, the largest railway electrification project on the European continent, Cobra IS is helping to electrify 870 km of railway across Estonia, Latvia and Lithuania. The project will connect the Baltic network to that of Western Europe, enabling high-quality and smooth passenger and freight transport. In addition to civilian mobility, Rail Baltica also intends to enhance military mobility. More generally, it is the cornerstone of the Baltic region’s long-term economic and security strategy.

In Germany,

VINCI Energies won a contract to rebuild the South 2 segment of the Rhein-Neckar-Nordbaden P47 overhead transmission line, a critical piece of infrastructure for electricity supply in the south-west of the country. Its teams will dismantle 139 existing pylons and erect 75 new ones to support a 98 km long 380 kV line from Rheinau to Philippsburg. The work will begin in 2027 and is scheduled for completion in 2032.

By strengthening the national electricity grid, this project supports Germany’s efforts to reduce its dependence on imported fossil energy.

“To be competitive at the international level, the European Union needs to invest between €750 billion and €800 billion per year.”
Mario Draghi, report for the European Commission, September 2024