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Lithuanian Railways' Jan-Oct revenue up 2.1%, freight volumes down 1.6%
BC, Vilnius, 22.11.2019.Print version
Lietuvos Gelezinkeliai (Lithuanian Railways, or LG) has posted 388.7 mln euros in consolidated revenue for January-October 2019, a rise of 2.1% on the same time last year, informed LETA/BNS.
Freight volumes fell by 1.6% y-o-y to 46 mln tons, driven
down by a 15.7% decline in coal, oil and food product transit shipments to
Russia's Kaliningrad region as well as decreased oil and ferrous metal imports
via the port of Klaipeda.
That was largely offset by a 5.7% increase in shipments,
mostly of food and plant products, within Lithuania, the state owned railway
company said.