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Latvijas Valsts Radio Un Televizijas Centrs AS (Latvia)

Main Activities: All Other Telecommunications
Full name: Latvijas Valsts Radio Un Televizijas Centrs AS Profile Updated: December 24, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

State Joint-Stock Company "Latvia State Radio and Television Centre" is a 100% state-owned company. It operates as the main national operator of the terrestrial broadcasting network for radio and television programs, ensuring signal availability in 99% of Latvia. The company offers digital terrestrial TV programs, data center services, and electronic communication services to a diversified customer base, including broadcasters, electronic communications operators, and state institutions. State Joint-Stock Company "Latvia State Radio and Television Centre" is also involved in the development of the Latvian Digital Identity Wallet and the EuroQCI project to build a quantum communication infrastructure in the EU. The company generates revenue through its various services and solutions.

Headquarters
Zemitana iela 9 k-3
Riga; Riga; Postal Code: 1012

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Website: http://www.lvrtc.lv

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 26, 1991
Key Executives
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Chairman of the Supervisory Board
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Member of Management Board
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Member of Management Board
Ownership Details
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100%
Subsidiaries
Latvijas Mobilais Telefons SIA
23%
Company Performance
Financial values in the chart are available after Latvijas Valsts Radio Un Televizijas Centrs AS report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
5.31%
Total operating revenue
-21.1%
Operating profit (EBIT)
-85.51%
EBITDA
-85.51%
Net Profit (Loss) for the Period
-41.62%
Total Assets
18.25%
Total Equity
-0.64%
Operating Profit Margin (ROS)
-30.23%
Net Profit Margin
-28.19%
Return on Equity (ROE)
-5%
Quick Ratio
2.01%
Cash Ratio
0.77%

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