Eco Baltia is a development-oriented group of companies, which through its directions of activity provides services focused on environmental sustainability, as well as taking care of reducing personal impact on the environment in everyday life. The company is currently the Baltic leader in environmental management and waste recycling and is committed to the sustainable development of the sector in Latvia.
Find value in each and every thing
A world-class regional leader committed to a circular economy with a focus on developing a sustainable environment for society
Ownership / responsibility
Ability to see and seize opportunities
Courage and enterprise
Full waste management cycle
Since 2013, services of the environmental management company SIA Eco Baltia vide have been available to every resident and company in Latvia. The company provides a wide range of environmental management services – collection of household and sorted waste, management of used packaging and textile products, construction waste and bulky waste management, cleaning of premises and territories, and different seasonal services. The company currently employs more than 300 employees.Company website
In 2021, the AS “Eco Baltia” group pro-forma revenues reached €150mn, doubling from €75mn in 2020, bolstered in part by an acquisition of a leading Lithuanian waste manager “Ecoservice” in August 2021. The Group employs over 2 300 people in Latvia, Lithuania and Czech Republic with leading companies in the existing portfolio including “PET Baltija”, “TESIL Fibres” “Eco Baltia vide”, “Ecoservice”, “Latvijas Zalais punkts”, “Pilsētas Eko Serviss” and “Nordic Plast”.
AS Eco Baltia PRESENTATION.
|Company||SIA “Deloitte Audits Latvia”|
|Address||Republikas Laukums 2a, Riga, LV-1010, Latvia|
Leading companies in the existing “Eco Baltia” portfolio are “PET Baltija”, “TESIL Fibres”, “Eco Baltia vide”, “Ecoservice”, “Latvijas Zalais punkts”, “Pilsētas Eko Serviss” and “Nordic Plast”. Companies of “Eco Baltia” provide full cycle of environmental services, including recycling of plastics. Group’s companies have 25 operational facilities across Latvia, Lithuania and Czech Republic.
Shareholders of AS “Eco Baltia” are “INVL Baltic Sea Growth Fund” through UAB “BSGF Salvus” (52.81%), the European Bank for the Reconstruction and Development (30.51%) and the management of the company (16.68%).
The group's shareholders are UAB "BSGF Salvus", which represents the largest private investment fund in the Baltics "INVL Baltic Sea Growth Fund" (52.81%), the European Bank for Reconstruction and Development (ERAB, 30.51%), as well as Māris Simanovičs (with through Enrial Holdings SIA and Penvi Investment Ltd., 16.68%)