Poland
Rail World has a
wholly owned subsidiary,
Rail Polska Sp z
o.o., based in Warsaw, Poland. Rail Polska
was founded in 1999 for the purpose of facilitating
acquisitions in the Polish rail market. Rail
Polska is working with government and other
interested parties on structural issues involved in
the planned privatization of the Polish State
Railways (PKP). Rail Polska completed two
acquisitions in early 2003: the shortline railway
Kolex (based in Oswiecim) and the coal operation of
Zec Trans (based in Wroclaw). Kolex and Zec
Trans have both been granted unrestricted operator
licenses on the Polish rail network, and have
commenced long-haul train operations in October
2003.
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Estonia |
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Rail World is a member
of a consortium, Baltic Rail Services OU (BRS),
which purchased 66% of the outstanding shares of
Eesti Raudtee, the
Estonian State Railways (EVR) in August 2001.
Mr. Burkhardt serves as Chairman of BRS and Chairman
of the Supervisory Board of the EVR.
On January 8, 2003,
Rail World purchased the Bangor & Aroostook Railway,
which has been renamed
Montreal, Maine & Atlantic
Railway, of which Mr.Burkhardt serves as Chairman of the
Board. MMA is a 750 mile regional railway
operating in the states of Maine and Vermont, and in
the Canadian provinces of Quebec and New Brunswick.
Rail World Locomotive Leasing, LLC (RWLL) was
established in August 2001 and is a sister company
of Rail World, Inc., a railway management,
consulting and investment corporation specializing
in privatizations and restructurings. RWLL
began operations in early 2002 with the acquisition
of Amtrak's locomotive leasing portfolio, and fifty
one (51) of Amtrak's highest quality surplus EMD
F40-PH-2 locomotives.
Moving
the World 
