Internal restructuring
Latvija; Riga;
Location of affected unit(s)
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49.3 - Other passenger land transport

175 jobs
Number of planned job losses
Job loss
Announcement Date
17 June 2010
Employment effect (start)
17 June 2010
Foreseen end date
1 November 2010


On 17 June 2010, the Public Transport Company Rigas satiksme announced an internal restructuring plan which led to 175 job losses, including 15 middle level management positions. The job cuts were implemented on 1 November 2010. The decision to start internal restructuring was made after the audit company PricewaterhouseCoopers has submitted a full report with recommendations to the board on a strategy which should generate an annual saving of LVL 1,2 million (around EUR 1,7 million). The report also involved suggestion on optimizing the company's structure and workflow.


  • 14 October 2010: Baltic Business Network
  • 1 November 2010: www.tvnet.lv
  • 18 June 2010: www.db.lv
  • 29 June 2010: http://www.baltic-course.com


Eurofound (2010), RÄ«gas Satiksme, Internal restructuring in Latvia, factsheet number 71619, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71619.