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Operail
AS Operail (former name: AS EVR Cargo) is a railway logistics company located in Tallinn, Estonia. Its sole shareholder is the Government of Estonia. History The company was established as ''EVR Cargo'' in 2009; initially, it was structured as a subsidiary of Eesti Raudtee that was mainly focused upon freight transportation. During 2012, the company was legally separated from Eesti Raudtee, but remained under Estonian government ownership. In June 2018, the company was rebranded as ''Operail''; amongst other reasons, the name change was intended to reflect that the company is involved in other business sectors beyond that of freight transportation, such as rolling stock leasing, maintenance, and modernisation. In the same year, in collaboration with CZ Loko, Operail rebuilt a GE C30-7Ai locomotive into the first C30-M at its Tapa depot. While the original frames and bogies were retained, much of the superstructure was demolished and replaced; as such, a new centrally-positio ...
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GE C30-7
The C30-7 is a 6-axle diesel-electric locomotive built by GE Transportation Systems between September 1976 and May 1986 as an updated GE U30C, U30C with a 16-cylinder FDL-series diesel engine. 1,137 were built for North American railroads. GE's successor to the C30-7 was the GE C36-7, C36-7, early versions of which were quite similar to the C30-7. Variants C30-7A A variant of the C30-7, 50 GE C30-7As were purchased by Conrail in mid-1984. Externally similar to the GE C30-7 model, six tall hood doors per side (in place of eight) showed it had a 12-cylinder (rather than 16-cylinder) prime mover. Both engines produced but the C30-7A's smaller engine used less fuel. The C30-7A units were built between May and June 1984. CFCL Australia, Chicago Freight Car Leasing Australia purchased twelve former Conrail C30-7A locomotives in 2001 and used their traction components in the rebuilding of New South Wales 442 class locomotive, 442 class locomotives as the GL class. These entered servic ...
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Eesti Raudtee
Eesti Raudtee or EVR is the national railway infrastructure company of Estonia. It owns a network of of broad gauge () railway throughout the country, including the used by the Elron commuter trains around Tallinn. Its sole shareholder is the Government of Estonia. History Shortly following the Estonian Restoration of Independence, the state-owned company Eesti Raudtee was established as the national railway company of Estonia on 1 January 1992. The company's activities primarily involved the movement of rail freight, particularly that of Russian oil products to the ice-free Estonian ports on the Baltic Sea; passenger services were typically provided by separate operators that ran upon Eesti Raudtee's infrastructure via a series of track access agreements. By mid-2000, it was announced that the Estonian government was seeking to privatise its railway operations. On 31 August 2001, 66 percent of the stock in the company was sold to ''Baltic Rail Services'', a consortium of ...
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GE PowerHaul
The GE PowerHaul is a class of mainline diesel-electric locomotives designed by General Electric. Thirty locomotives were ordered by Freightliner in 2007; the first locomotive was completed in July 2009 at GE's Erie, Pennsylvania, plant. The Turkish state owned rolling stock manufacturer Tülomsaş has a manufacturing agreement with GE to produce PowerHaul locomotives for European, African and Middle-Eastern markets. The Tülomsaş plant produced its first PowerHaul locomotive in February 2011. In November 2011 Australian engineering firm UGL Rail announced it was to develop a narrow gauge version of the class in association with GE. Three main subclasses exist: PH37ACmi for UK railways, PH37ACi a version for mainland Europe and elsewhere built to UIC 505-1 vehicle gauge, and PH37ACmai a version for gauge lines. Versions of the locomotive include the Class 70 used by Freightliner (UK), the ''DE36000'' of the Turkish State Railways and the ''Korail Class 7600'' (South Korea ...
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Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ...
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Finland
Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland across Estonia to the south. Finland covers an area of with a population of 5.6 million. Helsinki is the capital and largest city, forming a larger metropolitan area with the neighbouring cities of Espoo, Kauniainen, and Vantaa. The vast majority of the population are ethnic Finns. Finnish, alongside Swedish, are the official languages. Swedish is the native language of 5.2% of the population. Finland's climate varies from humid continental in the south to the boreal in the north. The land cover is primarily a boreal forest biome, with more than 180,000 recorded lakes. Finland was first inhabited around 9000 BC after the Last Glacial Period. The Stone Age introduced several differ ...
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Dividend
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings). The current year profit as well as the retained earnings of previous years are available for distribution; a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash (usually a deposit into a bank account) or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets. The dividend received by a shareholder is income of the shareholder and may be subject to income tax (see dividend tax). The tax treatment of this income varies considerably between jurisdictions. The corporation does not receive a tax deduct ...
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Delfi (web Portal)
Delfi (occasionally capitalized as DELFI) is a news website in Estonia, Latvia, and Lithuania providing daily news, ranging from gardening to politics. It ranks as one of the most popular websites among Baltic users. Delfi operates in the respective Baltic countries under the domain names delfi.ee, delfi.lv, and delfi.lt. Aside from versions in the Estonian, Latvian, and Lithuanian languages, the company offers Russian language versions of its portal in all three countries. On 12 March 2012, Delfi started a Polish version under pl.delfi.lt. A year later an English version was added under en.delfi.lt. In March 2014 delfi.ua version was closed. In February 2016, most of the delfi.lt English-language version content were placed under a paywall to restrict access to most articles without a paid subscription, as the articles in this version of Delfi are supported by the Lithuania Tribune, which raised questions on implementing the paywall there. It is unknown if other language ...
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Oil Shale
Oil shale is an organic-rich fine-grained sedimentary rock containing kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons can be produced. In addition to kerogen, general composition of oil shales constitutes inorganic substance and bitumens. Based on their deposition environment, oil shales are classified as marine, lacustrine and terrestrial oil shales. Oil shales differ from oil-''bearing'' shales, shale deposits that contain petroleum (tight oil) that is sometimes produced from drilled wells. Examples of oil-''bearing'' shales are the Bakken Formation, Pierre Shale, Niobrara Formation, and Eagle Ford Formation. Accordingly, shale oil produced from oil shale should not be confused with tight oil, which is also frequently called shale oil. Deposits of oil shale occur around the world, including major deposits in the United States. A 2016 estimate of global deposits set the total world resources of oil shale equivalent of of oil in place. ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Grain
A grain is a small, hard, dry fruit (caryopsis) – with or without an attached hull layer – harvested for human or animal consumption. A grain crop is a grain-producing plant. The two main types of commercial grain crops are cereals and legumes. After being harvested, dry grains are more durable than other staple foods, such as starchy fruits (plantains, breadfruit, etc.) and tubers ( sweet potatoes, cassava, and more). This durability has made grains well suited to industrial agriculture, since they can be mechanically harvested, transported by rail or ship, stored for long periods in silos, and milled for flour or pressed for oil. Thus, the grain market is a major global commodity market that includes crops such as maize, rice, soybeans, wheat and other grains. Grains and cereal Grains and cereal are synonymous with caryopses, the fruits of the grass family. In agronomy and commerce, seeds or fruits from other plant families are called grains if they resemble c ...
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Fertiliser
A fertilizer (American English) or fertiliser (British English; see spelling differences) is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrients. Fertilizers may be distinct from liming materials or other non-nutrient soil amendments. Many sources of fertilizer exist, both natural and industrially produced. For most modern agricultural practices, fertilization focuses on three main macro nutrients: nitrogen (N), phosphorus (P), and potassium (K) with occasional addition of supplements like rock flour for micronutrients. Farmers apply these fertilizers in a variety of ways: through dry or pelletized or liquid application processes, using large agricultural equipment or hand-tool methods. Historically fertilization came from natural or organic sources: compost, animal manure, human manure, harvested minerals, crop rotations and byproducts of human-nature industries (i.e. fish processing waste, or bloodmeal from a ...
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Economic Sanctions
Economic sanctions are commercial and financial penalties applied by one or more countries against a targeted self-governing state, group, or individual. Economic sanctions are not necessarily imposed because of economic circumstances—they may also be imposed for a variety of political, military, and social issues. Economic sanctions can be used for achieving domestic and international purposes. The efficacy of sanctions is debatable—there are many failures—and sanctions can have unintended consequences. Economic sanctions may include various forms of trade barriers, tariffs, and restrictions on financial transactions. Since the mid-1990s, United Nations Security Council (UNSC) sanctions have tended to target individuals and entities, in contrast to the comprehensive embargoes of earlier decades. An embargo is similar, but usually implies a more severe sanction. An embargo (from the Spanish ''embargo'', meaning hindrance, obstruction, etc. in a general sense, a trading ban ...
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