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International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 13:34

Lithuanian transport, accommodation, services companies' revenue up 2.9% in Q3

BC, Vilnius, 27.11.2020.Print version
Lithuania's transport, accommodation and services companies posted 6.4 billion euros (excluding VAT) in revenue for the third quarter of this year. Compared to the second quarter and seasonally and calendar adjusted, revenue rose 2.9%, and jumped at a non-adjusted 13%, the country's statistics service, Statistics Lithuania, said on November 27th, cites LETA/BNS.

Due to coronavirus-related operational restrictions, air transport companies, travel agencies, excursion organizers, providers of reservation services and companies involved in related activity saw their revenue plunge 63.3% in the third quarter.


Transport and storage companies posted 3 billion euros in revenue at constant prices, up 3.1% from the second quarter.


Companies involved in land transport services and transport services via pipelines as well as warehousing and support activities for transportation saw their turnovers grow 5.8% and 5.2% respectively. Meanwhile, waterway transport companies posted a revenue drop of 1.9%.




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