Civinity | Competitive Intelligence Insights - May 06, 2025
Civinity expanded its urban services portfolio by acquiring Mobilly and Valandinis, focusing on smart mobility and digital payments, under the leadership of Virgeda Jackaite, generating €88.5M in revenue and €8.4M in adjusted EBITDA in 2024...
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Civinity
🌎 civinity.lvCivinity is a company based in Latvia that provides administration, technical maintenance, heating systems maintenance, cleaning, and territory maintenance services for multi-apartment buildings, commercial, and public buildings. They have been operating since 2007 and are headquartered in Riga.
Civinity - Latest News and Updates
- Civinity expanded its urban services portfolio by acquiring Mobilly and Valandinis, focusing on smart mobility and digital payments, under the leadership of Virgeda Jackaite, generating €88.5M in revenue and €8.4M in adjusted EBITDA in 2024.
- Civinity will present its audited financial results for 2024 on May 7, 2025, with CEO Virgeda Jackaitė and CFO Tomas Staškūnas leading the presentation.
- Civinity appointed Guntis Gailitis as Head of SIA Inservis and Aleksandrs Golubovs as Director of SIA Ionica serviss, indicating a leadership restructuring.
- On May 8, Civinity's CFO Tomas Staskunas will speak at the 13th European Banking & Finance Conference about alternative financing for business growth in Lithuania.
- Civinity reported €88.5 million in revenue and €8.4 million in adjusted EBITDA for 2024, expanded its residential services and renovation projects, invested in Mobilly, and published its first Sustainability Report.
- Civinity's subsidiary, Hourly UAB, is hiring a regional business development manager for Kaunas and Klaipėda to expand B2B client base in the construction sector.
- Civinity has a low trust rating of 15% with 56 complaints, of which only 3 have been resolved.
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