April 24, 2014 5:36 AM ET


Company Overview of Olaines Kudra

Company Overview

JSC “Olaines Kudra” engages in the extraction, processing, packaging, and trading of peat in Latvia and internationally. It manufactures moss peat, neutralized peat, and peat substrates for agricultural and horticultural needs; and milled fuel and sod peat used in fuel peat production. The company also engages in the transport and delivery of milled peat moss, neutralized peat, packed peat substrates, and sod fuel peat by trucks, containers, and vessels. It serves customers in Poland, Germany, Holland, Italy, France, Croatia, Austria, Belgium, Greece, Hungary, Slovenia, Slovakia, Spain, Cyprus, and Saudi Arabia. The company was founded in 1940 and is based in the District of Riga, Latvia. As...

Rigas str 21


District of Riga,  2114


Founded in 1940

63 Employees


371 796 4254


371 796 2203

Key Executives for Olaines Kudra

Chief Accountant
Economical Director
Compensation as of Fiscal Year 2013.

Olaines Kudra Key Developments

Olaines Kudra Announces Earnings Results for the First Quarter Ended March 31, 2012

Olaines Kudra announced earnings results for the first quarter ended March 31, 2012. For the period, the company reported net turnover of LVL 216,339, profit before extraordinary items and taxes, profit before tax of LVL 122,851 and profit of LVL 117,465 against net turnover of LVL 237,181, loss before extraordinary items and taxes, loss before tax of LVL 21,188 and loss of LVL 26,132 for the same period a year ago. Operating net cash flow used was LVL 152,028 against LVL 54,508 for the same period a year ago. Procurement of fixed asses and intangible assets was LVL 315,772 against LVL 1,832 for the same period a year ago.

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