On 15 September 2025, Vilnius hosted the ceremonial signing of the Rail Baltica electrification subsystem design and construction contract. The event brought together the management teams of the Rail Baltica delivery organizations, representatives from the three Baltic States’ ministries, industry partners, and the joint venture formed by Cobra and Elecnor, “COBELEC Rail Baltica”. The contract, valued at EUR 1.77 billion (excluding VAT), has been awarded to COBELEC Rail Baltica – a consortium formed by the Spanish companies Cobra Instalaciones y Servicios S.A. and Elecnor Servicios y Proyectos S.A.U. It covers the full deployment of the Rail Baltica Energy (ENE) subsystem. The first phase, with a budget of EUR 949 million (excluding VAT),…