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Skinest Rail’s turnover, on the other hand, decreased by 18.3% to 105.4 million euros during this period.
EUR 61.2 million of revenue was generated European Union countries and € 44.2 million outside the EU.
Revenue from sales and repairs of rolling stock amounted to EUR 38.7 million, revenue from rental of rolling stock to EUR 34.7 million, revenue from construction of railway construction and repair materials to EUR 16.1 million, sales of spare parts for rolling stock to EUR 10.9 million. million euros in revenue. More than five million euros in revenue was generated from other activities.
Skinest Rail operates in Estonia, Latvia, Lithuania, Finland, Croatia, Poland, Russia, Ukraine, Georgia, Kazakhstan and Azerbaijan. The company is engaged in the rental and sale of railway wagons and locomotives, repairs, trade in rolling stock parts, railway construction and trade in repair materials, as well as trade in wood chips and real estate development.
It has already been reported that the Latvian subsidiary of Skinest Rail, SIA Skinest Latvija, had a turnover of 5.216 million euros last year, which is 2.1 times less than in 2019, while the company’s loss was 2.074 million euros compared to 1.728 million euros a year earlier. .
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