“Auteko & TUV Latvija – TUV Rheinland Group Reports 11% Increase in Turnover Despite 31.3% Decrease in Profit”

The turnover of the technical inspection company SIA “Auteko & TUV Latvija – TUV Rheinland group” last year was 8.849 million euros, which is 11% more than the year before, but the profit decreased by 31.3% – to 698,663 euros, according to “Firmas.lv”. ” information.

The management report states that this year the company plans to participate in the open tender “Vehicle technical control service as part of technical inspection” organized by the Road Safety Directorate (CSDD).

The company performs technical inspection of cars in Riga, Jelgava, Dobele, Bauska, Jēkabpils, Madona, Preili and Aizkraukle.

The turnover of “Auteko & TUV Latvija – TUV Rheinland group” in 2021 was 7.972 million euros and the profit was 1.014 million euros.

The company was registered in 1994, and its share capital is EUR 532,500. Its sole owner is TUV International GmbH-Unternehmensgruppe TUV Rheinland, registered in Germany.

It has already been reported that the CSDD tender has ended and the right to provide technical control services in various regions of Latvia for light and heavy vehicles has been won by SIA “Scantest”, SIA “Autests”, SIA “Venttests”, SIA “Auteko & TUV Latvia – TUV Rheinland Grupa”.