What Latvijas dzelzceļš does

Latvijas dzelzceļš (LDz) is a Latvian state-owned joint-stock company (VAS) operating under the Ministry of Transport and serving as the national railway infrastructure manager of Latvia. The company holds an exclusive government mandate to manage Latvia's public-use railway infrastructure, including tracks, stations, signalling and telecommunication systems, electrification infrastructure, and network management systems. Its subsidiary LatRailNet handles infrastructure fee calculation and capacity allocation, while other subsidiaries — LDz Cargo (freight transportation and rolling stock maintenance), LDz Apsardze (security services), LDz ritošā sastāva serviss (rolling stock repair), and LDz infrastruktūra (infrastructure services) — extend the operating perimeter.

The company earns revenue through multiple streams: usage-based infrastructure access fees calculated through the annual Network Statement, freight transportation via LDz Cargo, construction and modernization services for rail infrastructure, real estate rental and auction sales, retail and B2B electricity sales through a customer portal, and ancillary professional services (equipment inspection, knowledge testing, rolling stock certification, IT services, and a testing laboratory). End-customers span freight and logistics operators, passenger rail operator Pasažieru vilciens, port operators (Riga Free Port at Krievu Sala), energy companies (AS Augstsprieguma tīkls), and individual electricity consumers and rail passengers.

Capital expenditure is heavily co-financed by the EU Cohesion Fund, with documented project investments totaling more than EUR 178 million between 2008 and 2015 across the Skrīveri–Krustpils second track (EUR 107 million), Bolderāja 2 station construction (EUR 41 million), signalling modernization Bolderāja 1–Zasulauks (EUR 13.86 million), and 213 switch sets delivered across East-West and Rail Baltica corridors (EUR 16.24 million). Current initiatives include BEMU battery-train charging infrastructure, private 5G network testing with LMT (first in the Baltics), FRMCS next-generation rail communications, and Rail Baltica corridor development, alongside a planned rail link between Riga Central Station and Riga Airport. The company is a member of UIC, OSJD, CER, RFC8, CIT, and ERA, and operates an ISO 50001-certified energy management system with a Platinum Sustainability Index rating.

Name

Latvijas dzelzceļš

Legal name

VAS Latvijas dzelzceļš

Website

https://ldz.lv

Company type

Private

Founded year

1919

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Latvijas dzelzceļš is the Latvian state-owned railway infrastructure manager, operating the country's public rail network and providing freight, passenger infrastructure access, construction, electricity, and ancillary rail services via subsidiaries including LDz Cargo and LatRailNet.

Ownership category

akta.pro rank

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Infrastructure Access Fees: Revenue from managing and providing access to the public railway infrastructure, including network statement fees calculated through LatRailNet.
2. Freight Transportation Services: Cargo transportation services provided through LDz Cargo subsidiary, including regional and cross-border freight movement.
3. Railway Construction and Maintenance Services: Construction services for railway infrastructure including modernization projects, station construction, and track renewal.
4. Real Estate Rental and Sales: Long-term and short-term rental of real estate properties, advertising space rental, and sale of real estate not necessary for railway operations through public auctions.
5. Electrical Energy Sales: Sale of electricity to business customers and private individuals through the electricity customer portal.
6. Principal Services: Various railway-related professional services including equipment inspection, knowledge testing services, rolling stock manufacturing and repair certifications, and engineering communication coordination.
7. IT Services: IT services supporting railway operations and transportation monitoring.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Latvijas dzelzceļš is the state-owned national railway infrastructure manager of Latvia, providing access to and management of the public railway network including tracks, signaling systems, stations, and electrification infrastructure. The company operates a freight transportation subsidiary (LDz Cargo), calculates infrastructure access fees and allocates network capacity through LatRailNet, sells electricity to business and residential customers, provides railway construction and maintenance services, manages real estate assets, and offers equipment testing laboratory and IT services for railway operations.

Product overview

Latvijas dzelzceļš (LDz) is a state-owned railway company offering a comprehensive portfolio of railway-related services. The core infrastructure management is supported by subsidiaries including LDz Cargo (freight transportation and rolling stock repair), LDz Apsardze (security services), and LatRailNet (infrastructure fees and capacity allocation). Additional services include IT services, construction services, real estate management, electricity services, equipment testing laboratories, and knowledge certification services. The company also operates the Railway Museum. The infrastructure includes modernized rail corridors, stations, and signaling systems developed through various EU co-financed projects.

Differentiator

Problem solved

Functional benefit

Brands

• LDz Cargo: Railway freight/cargo transportation services
• LDz Apsardze
• LatRailNet
• Latvijas dzelzceļa vēstures muzejs

Products and services

• Railway Infrastructure Management Management of Latvia's public railway infrastructure including tracks, signaling, stations, and electrification for use by freight operators and passenger rail services.
• LDz Cargo Freight Transportation Railway freight transportation services provided through wholly-owned subsidiary LDz Cargo, including regional cargo transport, rolling stock maintenance, and cross-border freight movement.
• LatRailNet Capacity Allocation and Fee Calculation Railway infrastructure fee calculation and network capacity allocation services for freight operators and railway companies through sister organization LatRailNet.
• Electricity Sales Services Sale of electrical energy to business customers and private individuals through the electricity customer portal, with net metering and microgeneration connection options.
• Railway Construction and Modernization Services Railway infrastructure construction services including modernization projects, station construction, track renewal, and signaling system upgrades, with multiple EU Cohesion Fund co-financed projects.
• Real Estate Services Long-term and short-term rental of real estate properties, advertising space rental, and sale of real estate not necessary for railway operations through public auctions.
• Equipment Testing and Complex Measurements Laboratory Laboratory services for equipment testing and complex measurements, including electrical equipment inspection and testing services.
• IT Services for Railway Operations Information technology services supporting railway operations and transportation monitoring systems.
• Wagon Storage Service Storage services for freight wagons on the railway network.
• Knowledge Testing and Certification Services Examination and certification services for railway knowledge, rolling stock manufacturing and repair certifications, and engineering communication coordination.
• Public Electronic Communications Services Telecommunications services for public use along railway infrastructure corridors.
• LDz Apsardze Security Services Physical and technical security services for railway facilities and cargo provided through subsidiary LDz Apsardze.
• Railway Museum Latvian Railway History Museum preserving and exhibiting railway heritage, operated through subsidiary Latvijas dzelzceļa vēstures muzejs.
• BEMU Charging Infrastructure Charging infrastructure for battery-electric trains (BEMU) on the Latvian railway network.

Quantifiable outcome

• Railway produces eight times less carbon emissions per ton-kilometer than other transport modes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

15 partnerships are on record, tiered core, moderate and minor.

• LMTcoreTechnology or Integration · 30 June 2026First in the Baltics to test private 5G network technology for railway infrastructure management. LDz collaboration with LMT to explore innovative telecommunications solutions for rail operations.
• UIC (International Union of Railways)coreStrategic or Co-development PartnerMember of the International Union of Railways (UIC), participating in international railway cooperation, standard-setting, and knowledge sharing across global railway operators.
• OSJD (Organization for Cooperation of Railways)coreStrategic or Co-development PartnerAssociated member of the Organization for Cooperation of Railways, enabling participation in Council and institution meetings and exercise of rail authority mandates.
• CER (Community of European Railway and Infrastructure Companies)coreStrategic or Co-development PartnerMember of the Community of European Railway and Infrastructure Companies, representing railway interests at EU level.
• RFC8 (Rail Freight Corridor North Sea-Baltic)coreStrategic or Co-development PartnerCo-financed by Connecting Europe Facility of the European Union, RFC8 coordinates freight rail transport along the North Sea-Baltic corridor.
• ERA (European Railway Agency)coreTechnology or IntegrationEngagement with the European Railway Agency for railway safety and interoperability standards.
• CIT (International Railway Transport Committee)moderateStrategic or Co-development PartnerMember of the International Railway Transport Committee for international rail transport coordination.
• COLPOFER (Collaboration of Railway Police and Security Services)moderateStrategic or Co-development PartnerCollaboration on railway police and security services across European railways.
• FEDECRAIL (European Federation of Museum and Tourist Railways)minorStrategic or Co-development PartnerMembership in European federation for museum and tourist railway operations.
• AEC (European Association of Railway Personnel)minorStrategic or Co-development PartnerMembership in the European Association of Railway Personnel for professional development and networking.
• AS Augstsprieguma tīklsmoderateTechnology or IntegrationPartnership for electrical equipment inspection and testing services related to railway electrification infrastructure.
• LatRailNetcoreTechnology or IntegrationSister organization responsible for railway infrastructure fee calculation and network capacity allocation services.
• LDz CargocoreChannel Partner/ Reseller/ DistributorWholly-owned subsidiary providing railway freight transportation services, rolling stock maintenance, and regional cargo development across Latvia.
• LDz ApsardzemoderateChannel Partner/ Reseller/ DistributorSubsidiary providing physical and technical security services for facilities and cargo.
• Latvijas Dzelzceļa vēstures muzejs (Railway Museum)minorStrategic or Co-development PartnerLatvian Railway History Museum preserving and showcasing railway heritage and history.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Market position

Weaknesses4 records

Competitive moat5 records

Customer concentration

• Xx.com/vas_ldz
• YouTubeyoutube.com/user/Latvijasdzelzcels
• Facebookfacebook.com/LatvijasDzelzcels
• LinkedInlinkedin.com/company/vas-latvijas-dzelzcels
• Instagraminstagram.com/latvijas_dzelzcels

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Latvijas dzelzceļš