Construction, Latvia, Railways, Transport
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Thursday, 25.04.2024, 12:43
Daugavpils lokomotivju remonta rupnica turnover decreases by 21.4% in 2014
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The group's losses amounted to EUR 1.1 million in 2014.
Last year the DLRR Group exported its products to nine countries, the total export volume amounted to EUR 18 million (down from EUR 23.2 million in 2013). The main directions of export were Estonia, Russia, and Belarus.
In 2014 DLRR invested EUR 5.5 million into non-current assets.
In January 2014 the jointly controlled entity DMU vilcieni was registered with the partners DLRR, VRC ZASULAUKS, Rigas vagonbuves rupnica. The entity was established with the purpose of participating in the open tender of Pasazieru vilciens (Passenger Train) for modernization of diesel locomotive passenger cars. It is estimated that the company's part in the contract will amount to EUR 9.4 million. As of this date the project is ongoing.
In 2013, DLRR posted EUR 263,953 in losses, whereas in 2012 the company earned EUR 1,032,066.
The company's turnover in 2013 was EUR 36.637 million and in 2012 EUR 43.527 million.
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