Latvia: rolling stock producer reports decreasing turnover

latviaDaugavpils lokomotivju remonta rupnica’s net turnover decreased by 21.4% in 2014, reaching EUR 20.2 million. The group’s losses amounted to EUR 1.1 million last year. The company exported products to nine countries, with a value of EUR 18 million (down from EUR 23.2 million in 2013). The main directions of export were Estonia, Russia, and Belarus.
Daugavpils lokomotivju remonta rupnica ended 2013 with losses of EUR 263,953 and 2012 with a profit of EUR 1,032,066.


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