AS Pasažieru vilciens | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Pasažieru vilciens is the only passenger-carrying railway company in Latvia, operating both electric and diesel trains on various...


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Pasažieru vilciens is the only passenger-carrying railway company in Latvia, operating both electric and diesel trains on various lines throughout the country. It was formed in November 2001 by bringing together two separate companies under one name, creating the first subsidiary of Latvian Railways. As of October 2008, JSC Pasažieru vilciens is an independent state-owned company, currently operating ten routes with its main base in Riga.

Website
Headquarters
Pērses iela 8, Riga, LV-1011, LV
Size
1001-5000 employees
Industry
Truck Transportation

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🛍️ AS Pasažieru vilciens Product and Pricing News

  • On March 26, the Riga City Council approved a pilot project for a unified ticket system between Rīgas satiksme and AS Pasažieru vilciens.
  • AS Pasažieru vilciens is offering a new two-day cycling tour for train passengers on the Riga-Gulbene route with various activities and destinations starting April 5.
  • AS Pasažieru vilciens is starting a major overhaul of its diesel trains, including a new unified design with a yellow and anthracite gray color scheme for improved visibility and safety.
  • The Public Transport Council has banned AS Pasažieru vilciens from selling discounted electronic tickets, affecting routes like Riga-Jelgava and Riga-Liepaja.
  • AS Pasažieru vilciens successfully completed test runs with Estonian train operator Elron on Latvian railway infrastructure, preparing for direct cross-border services between Riga and Tartu this summer.

  • On January 30, 2025, AS Pasažieru vilciens, under the brand 'Vivi', presented its first electric train equipped with bicycle holders, with plans to retrofit all 32 new electric trains.
  • AS Pasažieru vilciens is presenting its first electric train with bicycle holders made by Škoda Vagonka.
  • AS Pasažieru vilciens, led by Chairman Raitis Nešpors, has received authorization for 'Elron' to test on Latvian railway infrastructure.

👔 AS Pasažieru vilciens CEO, Management and Leadership Team


⚔️ AS Pasažieru vilciens Alternatives and Competitors

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💼 AS Pasažieru vilciens Hiring and Layoffs

  • In 2025, Marcis Vilcans, former head of Latvijas Pasts, joined the board of AS Pasažieru vilciens.
  • AS Pasažieru vilciens removed Aldis Daugavvanags from the board.
  • AS Pasažieru vilciens appointed Mikus Ozols, Mārcis Vilcāns, and Māris Macijevskis as board members for five years starting January 25.
  • On January 14, AS Pasažieru vilciens appointed Mārcis Kauliņš to the management board, replacing Aldis Daugavvanags, while Raitis Nespors continues as chairman.
  • AS Pasažieru vilciens is hiring a Head of Finance Department as of January 8, 2025.

  • AS Pasažieru vilciens is hiring for an internal audit position to manage risk assessment and report on audit findings.
  • Dmitrijs Ustjužins has joined AS Pasažieru vilciens as an Information System Testing Technician from UCS Latvia, where he was an Information Technology Services Specialist.

🤖 AS Pasažieru vilciens Developer, Integration and Automation News

  • AS Pasažieru vilciens, along with LTG Link and Elron, plans to introduce a unified ticketing solution for the Vilnius-Tallinn train route in the first quarter of this year.
  • AS Pasažieru vilciens, led by Chairman Raitis Nespors, has started testing 5G mobile network routers and Starlink satellite equipment on trains to improve wireless internet service during travel.


📈 AS Pasažieru vilciens Financials, Fundraising and Valuation News

  • AS Pasažieru vilciens has spent nearly 100,000 euros on repairing pantographs of new electric trains manufactured by Škoda Vagonka.
  • AS Pasažieru vilciens has incurred approximately 100,000 euros in losses due to unplanned repairs of pantographs, as stated by Chairman Raitis Nespors.
  • AS Pasažieru vilciens sold one electric train carriage for 9609 euros including VAT at an auction where four carriages were offered.
  • AS Pasažieru vilciens secured €168.191 million in EU funding to purchase 32 new electric trains from Czech company Škoda Vagonka and install bicycle holders in trains.
  • AS Pasažieru vilciens, operating under the Vivi brand, served 17.1 million passengers in Latvia in 2023.


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