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Orlen Latvija turnover and profit decreased by more than 50% in 2014
BC, Riga, 11.06.2015.
Print version
Print versionIn 2014, the turnover and profit of the oil product distributor Orlen Latvija dropped by more than 50%, reports LETA, according to Firmas.lv information.
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In 2014, the company's turnover fell by 53% – from EUR 769,964,768 in 2013 to EUR 503,406,302 in 2014.
Meanwhile, Orlen Latvija profit reduced by 54% – from EUR 3,937,676 in 2013 to EUR 2,555,224 in 2014.
Orlen Latvija operates as Orlen Lietuva oil product distributor in Latvia. The company's main tasks are: to organize the trade system, actively operate on the domestic market, supply and store petroleum products in terminals, work with clients, transport petroleum products to client terminals and lead client credit risks.
Orlen Latvija was registered in Latvia in 2003, and it fully belongs to the Lithuanian company Mazeikiu naftos.
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