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Tuesday, 19.03.2024, 13:12
Getlini EKO landfill operator makes EUR 1.3 mln in 9 month profit
In January-September 2019, the landfill operator's operating
revenue came to EUR 15.008 mln. Power generation brought in EUR 2.053 mln,
revenue from selling vegetable was EUR 1.358 mln and revenue from selling other
annual plants was EUR 6,427. Selling recycled materials brought in EUR
4,097.
According to the company's management, in the nine-month
period Getlini Eko invested EUR 3.9 mln in fixed assets and continued to
use biogas to generate around 22.3 gigawatt hours of electric power, most of
which was sold to Energijas Publiskais Tirgotajs.
Getlini Eko also continued its vegetable growing
business at the landfill's greenhouses, ensuring an efficient use of the energy
generated from the waste.
As reported, Getlini Eko turned over EUR 18.833 mln
in 2018, which is an increase of 9.2% against a year before, while the
company’s profit was 2.7 times smaller than in 2017 and totaled EUR 379,371,
according to information available at Firmas.lv
Getlini Eko was founded in 1997, the company's share
capital is EUR 5,995,269. The company belongs to Stopini Region Council (2.08%)
and Riga City Council (97.92%).