Riga Commercial Port (RTO) objective is to accommodate, develop and secure Eurasia freight flows, by providing an efficient and sustainable infrastructure in Riga port with flexible and integrated - domestic and international, transport solutions and services.
Main RTO business development milestones for 2009-2015:
- Continue the consolidation process of port and transport service related company assets in Riga port;
- Diversify and develop general cargo segment and services associated with it, and increase RTO cargo throughput stake in Riga port; streamline sea-rail interexchange capabilities at terminal and railway station areas;
- Secure, build and launch new terminal infrastructure in Riga port; broaden the range of provided services and develop world class infrastructure facilities;
- Become the largest port and transportation segment holding company in the Baltic States;
- Seek new growth potentials and diversify into other areas of business development; and
- Prepare for the Initial Public Offering (IPO).
RTO vision is to build up the largest independent transport enterprise in the Republic of Latvia