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Company type | State-owned joint-stock company |
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Industry | Transport, transit, logistics |
Founded | August 5, 1919 (re-founded October 1, 1991 ) |
Headquarters | , |
Key people | Rinalds Pļavnieks (Management Board Chairman) |
Revenue | EUR 183,3 million (2019)[1] |
EUR 32 430 (2019)[2] | |
Total assets | 784,634,904 Euro (2023) |
Number of employees | 9950 (Group), 6265 (JSC Latvijas dzelzceļš ) as of 31 December 2019.[3] |
Parent | Government of Latvia |
Website | ldz |
Latvijas dzelzceļš (English: Latvian Railway, abbr. LDz) is the state-owned company responsible for managing public railway infrastructure in Latvia. It is fully owned by the Latvian government, with 100% of its shares held by the state. The company’s sole shareholder is the Latvian Ministry of Transport. Latvijas dzelzceļš was founded on 2 September 1991 and is considered the successor of the Latvian State Railways (Latvian: Latvijas valsts dzelzceļi) company which was established on 5 August 1919 and dissolved by the Soviet occupation of Latvia in 1940.
Latvijas dzelzceļš is the controlling company of the Latvijas dzelzceļš Group, and provides a range of services, including the management of public railway infrastructure, service facility operations (freight wagon assembly handling, wagon maintenance and inspection, maintenance and development of passenger stations and stops), electricity distribution and trade, real estate rental, information technology, electronic communications, as well as other principal services.
The Latvijas dzelzceļš Group includes the parent company – state joint-stock company Latvijas dzelzceļš, and six subsidiaries:
LDz also operates the Latvian Rail History Museum, with exhibitions both in Riga and Jelgava.