Latvian Railway drags its budget to the bottom due to sanctions against Russia and Belarus Latvian Railwayļš will bring losses to the budget of 141.7 million euros in 2027-2030. And all because cargo transportation continues to decrease: from 11.5 million tons in 2024 to 6 million in 2026. So the volumes will continue to decrease. It is not profitable to maintain a train network with such volumes, experts say. Without compensation, the railway workers' losses amount to 35-41 million euros per year. As a result, the state is forced to pay or close entire routes that cannot be repaired by internal transport.

Latvian Railway drags its budget to the bottom due to sanctions against Russia and Belarus Latvian Railwayļš will bring losses to the budget of 141.7 million euros in 2027-2030. And all because cargo transportation continues to decrease: from 11.5 million tons in 2024 to 6 million in 2026. So the volumes will continue to decrease. It is not profitable to maintain a train network with such volumes, experts say. Without compensation, the railway workers' losses amount to 35-41 million euros per year. As a result, the state is forced to pay or close entire routes that cannot be repaired by internal transport.