Turnover of Inter RAO Latvia grows twelvefold in 2021

Published date27 July 2022
Publication titleLETA

RIGA, July 27 (LETA) - Electricity supplier Inter RAO Latvia turned over EUR 193.47 million in 2021, which is 12.3 times more than a year before, while the company's profit expanded 90.5 times to EUR 8.28 million, according to information available at Firmas.lv.

The company's management said in the annual report that the turnover growth was achieved thanks to electricity import deals, started with Russia in November 2020.

Retail trade in electric power generated 2.3 percent and wholesale on Nord Pool ensured...

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