The Latvian subsidiary LDz Cargo has announced the sale of 200 wagons due to losses: in 2020 they amounted to more than 3 million euros.

Latvian Railways sells wagons

A subsidiary of the Latvian Railways (Latvijas dzelzceļš) – LDz Cargo – will put up for auction 200 wagons on September 6. According to the report, the auction is divided into three lots:

  • the first – for 65 wagons at a total starting price of 378,084 euros;
  • the second – 65 wagons for 391,776 euros;
  • the third – 70 wagons for 418,208 euros.

To participate in the auction there is a fee of 100 euros, as well as value added tax (VAT), which is not refundable to auction participants, but included in the sale price.

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