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International Internet Magazine. Baltic States news & analytics Tuesday, 19.03.2024, 03:24

Lithuanian Railways' Jan-Feb revenue up 14 %

BC, Vilnius, 25.03.2019.Print version
Lietuvos Gelezinkeliai (Lithuanian Railways) saw its revenue for January through February rose by 14.2% y-o-y to 81.9 mln euros, based on preliminary figures, informed LETA/BNS.

Passenger numbers jumped by 24% to 850,200 and freight traffic grew by 4% to 9 mln tons. 


The growth in freight volumes was mostly due to increased shipments of fertilizers, building materials, food products and solid fuels, the state railway operator said in a press release.


Lietuvos Gelezinkeliai CEO Mantas Bartuska attributed the growth in passenger traffic to updated train schedules. 


In February, containerized freight shipments surged by 54% amid a continued rapid growth in computer, home appliance and other equipment shipments from China.  


Belarusian freight volumes rose by 10% last month. 






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