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International Internet Magazine. Baltic States news & analytics Friday, 10.07.2020, 18:57

Clean R waste manager raises turnover 31.2% in 2019

BC, Riga, 03.06.2020.Print version
Latvia's Clean R waste management company closed 2019 with EUR 43.788 mln in turnover, an increase of 31.2 % against a year before, while the company's profit contracted 12.2% to EUR 3.077 mln, according to information available at writes LETA.

In 2019, the company's revenue from waste management was EUR 29.356 mln, cleaning services brought in EUR 12.119 mln, selling of goods generated EUR 2.262 mln and EUR 50,413 were made from construction works.

Last year, Clean R generated EUR 42.482 mln worth of revenue in Latvia, EUR 508,270 in Lithuania, EUR 299,798 in Poland, EUR 248,604 in Estonia, EUR 187,710 in the Netherlands and EUR 62,224 in Finland. 

Clean R was established in 2004, and has a share capital of EUR 1.2 mln. In 2018, Clean R turned over EUR 33.375 mln and made a EUR 3.505 mln profit. 

R Clean is entirely owned by TAK Investicijas. The company's beneficial owner is Guntars Kokorevics. 

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