The impact of liberalization of transportation market on the activities of freight railway enterprises in Lithuania

Abstract

Transport is one of the mostly regulated economic sectors in Europe. Every country regulates its transport system with the aim to achieve its objectives in the field of transport policy. The state implements its transport policy by applying respective methods to influence transport enterprises or enterprises, participating in the transportation process, basically, those that are drafting the legal framework for the regulation of the transport activities, as well as laws or other legal acts. One of the major problems of the railway transport is its insufficient independence from the state policy and regulation, inadequate separation of activities (refusal of cross-subsidisation and infrastructure maintenance from the revenues generated in freight transportation) and financing of infrastructure.