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Lithuanian Railways' revenue up 8% in 2018
BC, Vilniaus, 29.08.2018.
Print version
Print versionLithuania's state run railway company Lietuvos Gelezinkeliai (Lithuanian Railways) posted 262 mln euros in revenue in the first seven months of 2018, up 8% from 242 mln euros last year, informs LETA/BNS.
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Higher
cargo volumes were behind an increase in revenue, the company said. It
transported 32 mln tons of cargo this year, up 10% year-on-year.
The number
of passengers the company carried increased 5.5% to 2.9 mln.
Earlier
this year, Lietuvos Gelezinkeliai
endorsed the company's strategy for the period until 2030 and the company plans
to increase cargo volumes to 70 mln tons, increase the number of passengers to
8 mln and raise its annual turnover to 725 mln euros.
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