Private company

Rīgas satiksme

Public transportation company in Riga, Latvia

Rīgas Satiksme is a municipally owned public transportation and infrastructure company serving Riga, Latvia and the surrounding areas. It was founded on 20 February 2003 as an umbrella organisation for the respective operators of trams, buses and trolleybuses in the city of Riga. Two years later, the separate operators of the different modes of public transport were merged and re-branded to its current name.2 It employed 3,323 people in 2023.1 Its revenue was €184 million in 2023.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Feb 20, 2003Founded1
  • IndustryManufacture of other builders' carpentry and joinery, Treatment and coating of metals; machining, electric power distribution, electric power production, urban and suburban passenger land transport1
  • HeadquartersRiga1
  • Websitewww.rigassatiksme.lv
  • Legal formlimited liability company1
Rīgas satiksme (cropped)
Photo: Olgerts V, CC BY-SA 4.0, via Wikimedia Commons4

Rīgas Satiksme is a municipally owned public transportation and infrastructure company serving Riga, Latvia and the surrounding areas. It was founded on 20 February 2003 as an umbrella organisation for the respective operators of trams, buses and trolleybuses in the city of Riga. Two years later, the separate operators of the different modes of public transport were merged and re-branded to its current name.2

The story

The first electric tram began operating on the streets of Riga on July 11 (24), 1901. It replaced the horse-drawn carriage service that had been started in the autumn of 1882 in Imperial Russia.

The first buses appeared in Riga in 1913, but before the First World War they had no significant transport value. The progenitor of this type of transport is a horse-drawn omnibus, which made the first trip in 1852.

The first trolley bus was introduced at the beginning of 1947 on the experimental route "Air Bridge — Brasa Station", and on November 4, 1947, a regular trolleybus service was opened on the "Viesturdārzs – Ģertrūdes street". In 1973 in Riga, the invention of Kyiv native Volodymyr Veklych - the trolleybus train - was successfully implemented. It consisted of two units of Škoda 9TR trolley buses, interconnected by Volodymyr Veklych's system. The maximum number of trains in operation were used between 1984 and 1987.

Although Riga was the largest of the capitals of the Scandinavian and Baltic countries (counting without agglomeration), it was not destined to have its own subway, unlike almost all other cities millionaires of the USSR. The Riga Metro was planned to be constructed beginning from 1990, the commissioning of the first starting section of 8 stations was scheduled for 2000–2002, but the creation was canceled due to the public protests and the collapse of the USSR.

From Wikipedia’s article on Rīgas Satiksme, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Owners

From Wikidata.1

Employees over time

  • 20233,3231
  • 20223,3901

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Rīgas satiksme revenue by year1184.0M EUR in 2023+9% since 2022
050.0M EUR100.0M EUR150.0M EUR200.0M EUR2022: 168.7M EUR168.7M EUR20222023: 184.0M EUR184.0M EUR2023+9%
  • 2023184.0M EUR1
  • 2022168.7M EUR1

Net income

Rīgas satiksme net income by year11.8M EUR in 2023+47% since 2022
0500.0K EUR1.0M EUR1.5M EUR2.0M EUR2022: 1.3M EUR1.3M EUR20222023: 1.8M EUR1.8M EUR2023+47%
  • 20231.8M EUR1
  • 20221.3M EUR1

Timeline

  1. Feb 20, 2003Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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