Analytics, Cargo, Latvia, Railways, Transport
International Internet Magazine. Baltic States news & analytics
Wednesday, 24.04.2024, 17:02
Latvijas Dzelzcels railway company expects cargo turnover at 47-49 million tons this year
“Last year we planned a turnover at 44 mln tons, but it
exceeded 49 mln tons. Also this year we might achieve 47-49 mln tons,
which is sufficient for maintaining the infrastructure costs and future
investments” he said.
He said that Latvijas Dzelzcels has signed an agreement with
the state, resolving not to increase the infrastructure cost more than the
inflation level, which means a stability for the market.
Asked about the concern’s long-term development, Berzins
said that Latvijas Dzelzcels has ambitious goals, and the company needs to
ensure additional revenue for that so that it does not have to ask money from
the state.
“These additional business lines are logistics, rail car and
engine repairs,” he said. In the coming 5-10 years the company should excel in
engineer services, strong logistics services and smart railway services.
“In order to do that, we have to introduce changes in the
management structure and business processes,” said Berzins.
Latvijas Dzelzcels is a fully state-owned enterprise
managing public railway infrastructure. It is the leading company of the LDz
Group.