Financial Services, Latvia, Transport

International Internet Magazine. Baltic States news & analytics Thursday, 18.06.2026, 10:11

Rigas satiksme offers reducing public transportation volume by 5%

Alla Petrova, BC, Riga, 26.09.2008.Print version
The Rigas satiksme public transportation company is offering to cut back tram, trolley and bus schedules by 5% in 2009 instead of raising fares.

The offer appears in the company's 2009 draft budget.

 

To avoid a fare hike, Rigas satiksme is also prepared to slow down wage increases for its employees and decreasing investments and administrative costs.

 

The budget also expects a LVL 28.6 million increase in subsidy money from the Riga municipality.






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