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The train has become too expensive a "pleasure" for Latvia.

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BALTNEWS · · Source

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The train has become too expensive a "pleasure" for Latvia.

The state-owned company Latvian Railways (LDz), which in the past generated significant revenue through cargo transportation, is becoming an increasingly serious burden on Latvia's budget.

Over the next four years, the authorities in Latvia will have to invest almost 142 million euros to compensate for costs associated with the railway infrastructure.

The main reason is a sharp reduction in freight traffic, which decreased more than ninefold during the decade. If in 2015 cargo transportation by train amounted to 55.1 million tons, then in 2026 only 6 million tons are expected.

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