Lithuanian Railways

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Lietuvos geležinkeliai
TypeGroup of public companies
IndustryRail transport
Founded1860 (first railway)
1919 (official)
1991 (current company)
Headquarters,
Lithuania
Key people
Egidijus Lazauskas (General Manager)
Kęstutis Šliužas (Chairman)
ProductsRail transport, Cargo transport, Services
RevenueDecrease €468.2 million[1] (2020)
Decrease €46.3 million[1] (2020)
Decrease €36.6 million[1] (2020)
Total assetsIncrease €2.104 billion[1] (2020)
Total equityDecrease €1.163 billion[1] (2020)
OwnerThe Lithuanian state
Number of employees
8,999[1] (2020)
Websitewww.litrail.lt/en/home
Historic headquarters in Vilnius

Lithuanian Railways (Lithuanian: Lietuvos geležinkeliai), abbreviated LTG, is the national state-owned railway company of Lithuania. It operates most of the railway network in the country.

In 2020 Lithuanian Railways transported 3.34 million passengers and 53.4 million tonnes of freight. Oil and fertilizer are the main freight items carried.[2][1]

History and structure

Lietuvos Geležinkeliai was established in 1991.[3] It provides most of the rail services through its subsidiary companies: LTG Link provides passenger services, while LTG Cargo provides freight service.[4] Another subsidiary, LTG Infra is responsible for the maintenance and development of the infrastructure. 2018-2019 the company's Freight Transport, Passenger Transport and Railway Infrastructure Directorates were reorganized into separate companies "LG CARGO", "LG Keleiviams", "Lietuvos geležinkelių infrastruktura".

See also

References

  1. ^ a b c d e f g "AB „Lietuvos geležinkeliai" Metinė ataskaita" (PDF) (in Lithuanian). Lietuvos geležinkeliai. Retrieved 12 May 2021.
  2. ^ Railway Operations in Lithuania
  3. ^ "„Lietuvos geležinkeliai"". Visuotinė lietuvių enciklopedija (in Lithuanian). Retrieved 16 October 2021.
  4. ^ "New structure boosts Lithuanian Railways' competitiveness". IRJ. 5 November 2020. Retrieved 10 October 2021.

External links