Latvia: LDz infrastruktura increases turnover by 10% in 2014

LDz infrastrukturaLDz infrastruktura, a subsidiary of Latvijas Dzelzcels, increased its turnover by almost 10% in 2014, reaching EUR 23.9 million.
The company’s profit has grown slightly – from EUR 855.6 thousand in 2013 to EUR 889,5 thousand in 2014.
LDz infrastruktura management report indicates that the increase in turnover was thanks to the growing order of the railway capital repairs for railway tracks.
The total capital investment in 2014 reached EUR 1.5 million (EUR 428,000 – capital repairs of rolling stocks, EUR 335,000 – procurement of excavators, EUR 174,000 – capital repairs of diesel locomotive, EUR 134,000 – procurement of a specialized semi-wagon).
LDz infrastruktura board decided to keep the profit and to invest it into the company’s development.


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