The TOP101 of the most valuable enterprises in Latvia in 2021 developed by Nasdaq Riga and Prudentia has been published. Latvijas Gāze is ranked 9th with a value of EUR 463.81 million.
Latvijas Gāze is the first company in Latvia, which published the Annual Report in 2021 in accordance with the new ESEF requirements. On 25 November, at the Nasdaq Riga seminar ‘Insider lists and ESEF requirements’, our Accounting Officer Olga Bobrova shared hands-on experience with iXBRL reporting.
Latvijas Gāze has introduced and implements an environmental management system, thus confirming the company's high standards, the purposeful reduction of its impact on the environment, and responsible management. The company has received the internationally recognised ISO 14001 certificate, which confirms that the environmental management of Latvijas Gāze complies with the international standards and best practices.
The use of natural gas in road transport has become increasingly popular over the last decade. CNG-powered cars are now used by more than two million Europeans and are suitable for everyone, from private vehicle owners to public transport and freight transport.
JSC Latvijas Gāze has concluded amendments to the existing overdraft agreement with OP Corporate Bank plc.
In the first half of 2021, the net turnover of the Group reached EUR 154.3 million, which is 56% more than in the corresponding period in 2020, while the net profit of the Group in the first six months of 2021 is EUR 5.4 million.