Back to list Print 15. Apr. 2019

“Rīgas satiksme” Board informs about most significant events (April 8–14)

Continuing its efforts aimed at stabilizing the company’s operations, on April 8 the Board started the week with the “technical meeting”, which focused on the issue of optimizing the organizational structure of “Rīgas satiksme”. The necessity of revising the company’s expenditures makes this task essential. Considering the fact that this issue should not be solved in a hurry, the Board decided to start with the evaluation of implementing the recommendations of the functional audit prepared by audit company “PricewatehouseCoopers” in 2009.

As planned before, on April 9 SIA “Rīgas karte” held its shareholders meeting, at which Chairman of the Board Dr .iur. E. Saulītis and member of the Board J. Meirāns represented “Rīgas satiksme”. With the consent of 100% of owners, J. Meirāns was elected a member of SIA “Rīgas karte” Board. He will fulfil his duties without a remuneration, and all necessary permits to combine the two offices have been obtained. The shareholders of SIA “Rīgas karte” also agreed that the results of the audit that had been started will be available to both the owners and will be granted the status of confidential (restricted) information, because the audit results will include information which is commercial secret.

On April 9, Chairman of the Riga City Council Committee for Communication and Transport V. Faļkovs, “Rīgas satiksme” Board Chairman Dr .iur. E. Saulītis and Board members A. Krūze un J. Meirāns participated in the meeting of the Committee for Public Expenditure and Audit of the Saeima, which considered the question of the statements prepared by audit company SIA “Ernst&Young Baltic”, which were intended only for the capital company and its owners. Our thanks to representatives of audit company SIA “Ernst&Young Baltic”, G. Krols and L. Cakare, for their professionalism and restraint when expressing their opinions.

On April 10, Chairman of the Riga City Council Committee for Communication and Transport V. Faļkovs, Riga Vice-Mayor V. Baraņņiks and “Rīgas satiksme” Board member A. Krūze, who is in charge of the company’s development, participated in the meeting of the Latvian Association of Big Cities with Transportation Minister T. Linkaits. The participants of the meeting discussed issues related to the development of public transport and the “Rail Baltica” project, which are essential for Riga city. As A. Krūze informed the Board, the meeting also considered the possibility of expanding the route network of “Rīgas satiksme” outside the administrative borders of Riga.

On April 11, “Rīgas satiksme” Board Chairman Dr .iur. E. Saulītis met with Riga Vice-Mayor V. Baraņņiks, who is the holder of “Rīgas satiksme” capital shares, to discuss topical organizational issues. Later on, “Rīgas satiksme” Board member J. Meirāns and the company’s employees participated in a regular meeting of Riga City Council’s Commission for Licencing of Commercial Passenger Transportation Services,  which focused on changes in public transport schedules in the summer season and the optimization of the route network proposed by “Rīgas satiksme”. Given the complicated nature of this issue, its consideration was not finished and the meeting of the commission will be considered next week. Information about scheduled changes in the route network is available at :

On April 11, “Rīgas satiksme” Board Chairman Dr .iur. E. Saulītis and Board member J. Meirāns also participated in the meeting of the Riga City Council Committee for Communication and Transport, at which they informed the councillors about the operation of the capital company and answered their questions.

On April 11, “Rīgas satiksme” Board held a meeting which approved unaudited report of the capital company for the 1st quarter of 2019, which shows that in the above period the company’s income increased by nearly EUR 1.9 million and losses have decreased significantly, but still amount to nearly EUR 1.5 million, which can be partly explained by the problems of drawing up this year’s budget. “Rīgas satiksme” Board member J. Švanders, who is responsible for the company’s finances, continues to work together with the heads of structural units in order to optimize the expenditures.

The Board of “Rīgas satiksme” also decided to start the implementation of ISO 370001 (Anti-bribery management system standard) after listening to the report prepared by I. Grunte, the head of the Quality Management Unit. The Board also decided to postpone a meeting with the management of “Škoda Transportation” until receiving the report of the expert group, because the essential issues related to technical documentation of vehicles, on which the parties differ, remain unsolved. 

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