Turnover of Road Transport Administration up 10.2% in Q1

• Published date: 23 May 2022
• Publication title: LETA

RIGA, May 23 (LETA) - Turnover of the Road Transport Administration in the first quarter of this year reached EUR 1.105 million, up 10.2 percent from the respective period last year, while the company's profit dropped 5.7 times to EUR 57,431, according to the financial report published by the company.

The Road Transport Administration said that revenue from the European Commission's permits and copies accounted for EUR 405,300, growing up 1.8 percent, revenue from digital tachograph system accounted for EUR 189,500, up 65.4 percent, and revenue from one-time international permits accounted for EUR 172,100, down 4.9 percent.

The administration reported that the impact of the Russian war in Ukraine on revenue of the Road Transport Administration and financial results in 2022 will be significant in a...