Latvia

LDz freight crisis deepens with 27,7 million euro loss

Image: Shutterstock. © Alex Stemmer

The loss of freight volumes is making a big dent in Latvian Railways’ (LDz) financial health. With a 27,7 million euro pre-state aid loss in 2024, the company’s future depends heavily on support from the Latvian government.

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Author: Dennis van der Laan

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