VAS Latvijas Valsts radio un televīzijas centrs
VAS Latvijas Valsts radio un televīzijas centrs (LVRTC) is a capital company, where 100% of the capital is owned by the Latvian state, with the mission to take care in order each inhabitant of the state would have a possibility to safely and rapidly receive and transmit information. In accordance with the Electronic Mass Media Law, shares of the state joint stock company Latvijas Valsts radio un televīzijas centrs shall not be alienated.
LVRTC is one of the leading electronic communication service providers in Latvia, providing with high quality and safe telecommunication solutions for the most significant mobile communication, internet and telecommunication operators represented in Latvia as well as public authorities.
LVRTC is the key broadcasting and television programme terrestrial broadcasting network operator in the state. Our customers include well known television companies and radio stations in Latvia, as well as the leading electronic communications operators, such as Latvijas Mobilais telefons, Lattelecom, Latvenergo, Telecentrs etc.
LVRTC is the only reliable certification service provider in the state and provides a safe electronic signature service to natural and legal persons.
Since 27 August 2010 the company has merged with VAS Valsts informācijas tīkla aģentūra (VITA), taking over all liabilities, arising from the transactions concluded by VITA.
TYPE OF ACTIVITY
LEGAL STATUS OF THE COMPANY
State joint stock company
The Republic of Latvia
OWNER OF CAPITAL SHARES
Ministry of Transport of the Republic of Latvia
78.5 million euro
NET TURNOVER OF 2019
18,9 million euro
AVERAGE NUMBER OF EMPLOYEES IN 2019
STATE BUDGET FUNDING AND USE THEREOF
587 182 EUR
State funding for the maintenance of electronic communication networks/ protection solutions.Public funding for the maintenance of electronic communications networks / security solutions.
CONSTRIBUTIONS MADE TO THE STATE AND MUNICIPAL BUDGET
in 2018 4 955 400 EUR.
INFORMATION ON PARTICIPATION IN OTHER COMPANIES
SIA Latvijas Mobilais Telefons (unified registration number 50003050931, legal address Ropažu iela 6, Riga, LV-1039)
Share of LVRTC in the equity capital is 187 910.00 shares (23%) with the par value of one share EUR 1.00. SIA Latvijas Mobilais Telefons is the capital company with the key types of activity - wireless telecommunication services and other telecommunication services.
PARTICIPATION IN UNIONS AND ASSOCIATIONS OF THE INDUSTRY