Friday, March 13, SJSC Latvijas Dzelzceļš (Latvian Railways, LDz) Council decided to reduce the number of members of the company’s Management Board from four to three, as well as appointed two new permanent members of the LDz Board.
The Council of SJSC Latvijas Dzelzceļš appointed Maris Kleinbergs, the company’s acting chairman of the Management Board since August 2019, as chairman of the Board. The new chairman of the Board at Latvijas Dzelzceļš, Maris Kleinbergs has defined transformation of the Latvijas Dzelzceļš Group into a group of modern and competitive companies as one of the main tasks. Vita Balode – Andrusa was also appointed to SJSC Latvijas Dzelzceļš Management Board, she will be responsible for the company’s financial matters.
SJSC Latvijas Dzelzceļš Management Board Chairman Maris Kleinbergs: “This is a time of turmoil for each of us – the global economy, the Latvian economy, and also the Latvian transit industry. Latvijas Dzelzceļš, too, is going through a process of change – all organizational and technological processes are reviewed and optimized, and a new business model of Latvijas Dzelzceļš Group is being developed. I have taken over as the head of LDz at a difficult time, therefore my priorities in the early stages will be directly related to managing this change process, regaining and strengthening the company’s financial balance, and creating new business opportunities, and I am confident that, together with LDz management team, we will make Latvijas Dzelzceļš a modern and competitive company!”
Ainis Sturmanis, who was responsible for the company’s development projects, has been released from the Management Board, and the chairman of the Management Board will be now responsible for the company’s development matters.
Therefore LDz Board is currently made up of chairman of the Board Māris Kleinbergs, as well as members of the Board Eriks Smuksts and Andris Lubans, who will be replaced by the new Board member Vita Balode - Andrusa as of June 1.
SJSC Latvijas Dzelzceļš (LDz) is the manager of public railway infrastructure and the leading company in Latvijas Dzelzceļš Group. The Group also includes six subsidiaries – JSC LatRailNet, which determines infrastructure charges and is responsible for railway infrastructure capacity allocation, LDZ CARGO Ltd., which provides railway freight transportation and international passenger transportation services, infrastructure construction and maintenance company LDZ Infrastruktūra Ltd., rolling stock repair and maintenance company LDZ Ritošā Sastāva Serviss, security company LDZ Apsardze Ltd., as well as logistics company LDZ Loģistika Ltd. LDz has been awarded Platinum Category in the Sustainability Index and is ranked among the five most valuable and best- managed Latvian companies in annual ratings collated by Prudentia and Nasdaq Riga.