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.
In terms of turnover, the Eco Baltia Group is the largest environmental management and waste recycling group of companies in the Baltic States.
Shareholders Management teamFind 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
Ambition
Creativity/creative approach
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“Eco Baltia” is the largest environmental and waste management group in the Baltics, providing the full-cycle waste management solutions from waste collection and sorting to secondary raw material logistics, wholesale and raw material processing as well as PET and PE/PP plastics recycling. Our vision is to become world class regional leader committed to circular economy with focus on developing sustainable environment for society.
Maskavas iela 240 - 3, Rīga, LV -1063
+371 67 039 811
+371 67 039 816
+371 25 460 606
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+371 67 039 816
Vytautas Plunksnis Chairperson of the Supervisory Board
Deimantė Korsakaitė Deputy Chairperson of the Supervisory Board
Alberto Atienza Güell Member of the Supervisory Board
Jurgita Petrauskienė Member of the Supervisory Board
Gints Pucēns Member of the Supervisory Board
Māris Simanovičs Chairman of the Management Board
Santa Spūle Member of the Management Board
Sigita Namatēva Member of the Management Board
240 millions
150 millions
According to the unaudited consolidated annual report 2022, Eco Baltia’s pro-forma revenues reached €240mn, growing by 60% compared to €150.0mn pro-forma revenue in 2021. Consolidated net turnover reached €210.79mn. This represents a 75.7% increase compared to 2021, when consolidated net turnover was €120.0mn. In 2022, Group’s consolidated net profit was €7,31mn and consolidated EBITDA reached €25,47mn. Leading companies of Eco Baltia are PET Baltija, TESIL Fibres, Nordic Plast, Eco Baltia vide, Ecoservive, Latvijas Zaļais punkts, JUMIS and Pilsētas Eko Serviss. Group companies employ more than 2300 employees.
AS Eco Baltia 3-year bond issue OFFERING DOCUMENT and FINAL TERMS.
AS Eco Baltia PRESENTATION.
Reduced personal income tax rate application to note interest received by a tax non-resident of Latvia –HERE.
| Company | SIA “Deloitte Audits Latvia” |
|---|---|
| Address | Republikas Laukums 2a, Riga, LV-1010, Latvia |
| License no | 43 |
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.
Vytautas Plunksnis Chairperson of the Supervisory Board
Deimantė Korsakaitė Deputy Chairperson of the Supervisory Board
Alberto Atienza Güell Member of the Supervisory Board
Jurgita Petrauskienė Member of the Supervisory Board
Gints Pucēns Member of the Supervisory Board
Māris Simanovičs Chairman of the Management Board
Santa Spūle Member of the Management Board
Sigita Namatēva Member of the Management Board
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%).
“Eco Baltia” issued 8 million EUR of bonds
Eco Baltia announcement on the bonds placement
Recording of Eco Baltia’s webinar about inaugural bond issue public offering
| ISIN | Aggregate Nominal Amount | Interest Rate | Maturity Date |
|---|---|---|---|
| LV0000860120 | EUR 8,000,000 | 8% | 17 February 2026 |
AS Eco Baltia 3-year bond issue OFFERING DOCUMENT and FINAL TERMS.
AS Eco Baltia PRESENTATION.
Reduced personal income tax rate application to note interest received by a tax non-resident of Latvia.
07.02.2023. PRESENTATION demonstrated during the webinar about inaugural bond issue public offering.
