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LDz Cargo increased turnover by 28.1% in 2011
Alla Petrova, BC, Riga, , 20.06.2012.
Print version
Print versionLDz Cargo, a subsidiary of the state-owned joint-stock railroad company Latvijas dzelzcels, increased turnover by 28.1% in 2011, according to information on Firmas.lv.
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In 2010, the company achieved LVL 202.48 million in turnover, but in 2011 – LVL 259.38 million, writes LETA.
The company's profit increased over five-fold last year – from LVL 1.47 million in 2010, to LVL 7.81 million in 2011.
In 2011, LDz Cargo transported a total of 59,385,000 tons of cargo, which is 20.8% more when compared to the previous year.
LDz Cargo is the largest railroad transport company in Latvia.
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