Latvia, Railways, Transport
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Tuesday, 09.06.2026, 13:03
Pasazieru vilciens passenger turnover decreased by 2% in 2011
Alla Petrova, BC, Riga, 07.02.2012.
Print version
Print versionIn 2011, the joint-stock passenger train company Pasazieru vilciens carried 20.16 million passengers, a 2% decrease on 2010. However, according to the company's provisional data, Pasazieru vilciens managed to operate without losses and even achieve a slight profit, as the company's CEO Nils Freivalds announced in a press conference today.
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Freimanis explained that the company turned over LVL 40 million in 2011.
Pasazieru vilciens is the leading passenger train company in the Baltic States. Last year, the company transported three times more passengers than Estonia and Lithuania combined, reports LETA.
Pasazieru vilciens hopes that the company will carry even more passengers this year. High fuel prices, harmonized train/bus frequencies and new express trains will contribute to this.
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