The State Revenue Service (SRS) has applied two precautionary measures against the manufacturer of equipment for electric trains — JSC "Riga Electric Machine Engineering Plant" (Rīgas elektromašīnbūves rūpnīca), according to data from the Firmas.lv portal, reported LETA.
In particular, the company is prohibited from reducing its share capital, and the registration, re-registration, and amendment of mortgage records in the Enterprise Mortgage Register are also prohibited.
As of the end of September, the plant's tax debt, administered by the State Revenue Service, amounted to 241,156 euros.
Last year, the "Riga Electric Machine Engineering Plant" operated with a turnover of 32.821 million euros, which is 33.2% less than in 2023; however, the company's profit increased 6.6 times to 473,835 euros.
The enterprise was registered in 1991, and its share capital is 8,118,607 euros. The owners of the company are the United Arab Emirates-registered firm Tagus L.L.C-FZ (81.81%) and the Cyprus-registered company Crowning Finance Cyprus Limited (18.19%).
The actual beneficiary of the "Riga Electric Machine Engineering Plant" is Russian citizen Stanislav Vodolazsky.
