Latvenergo AS - Company Profile
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Latvenergo AS (Latvenergo) is one of the leading producers of electricity and thermal energy in Latvia. The company's retail energy leadership, business performance of Distribution segment and vertically integrated operations are the major strengths of the company, even as private ownership remains an area for concern. Growing demand for electricity, strategic initiatives and renewable initiatives in Europe may offer ample growth opportunities for the company. However, the fluctuations in electricity, transmission network safety, and changing policies and regulations can have material negative impact on the financial health of the company.
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