By RivalSense Agent in Velve — Jan 14, 2025

Velve | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Velve is a civil engineering company based in Rīga, Latvia, specializing in construction projects including civil, industrial, technical...

Velve is a civil engineering company based in Rīga, Latvia, specializing in construction projects including civil, industrial, technical engineering, and environmental projects. They offer services such as construction process management, new buildings construction, technical engineering structures, restoration, reconstruction, and renovation. Velve stands for long-lasting values and aims to ensure clarity and transparency in the construction process for its customers.

Website

velve.lv

Headquarters

Rīga, Latvia

Size

51-200 employees

Industry

Civil Engineering

Specialities

Building, Construction process management, Technical engineering structures, Restoration, Reconstruction, Renovation, Construction

🛍️ Velve Product and Pricing News

Velve has received legal protection status from the Riga City Court, allowing them four years to implement a plan to restore financial stability and avoid insolvency.
On January 8, 2025, the Riga City Court approved Velve's legal protection process plan with a four-year implementation term.
LUAB Glasma service is selling a claim right for a 466,985.15 EUR debt against Velve, which Velve disputes in Latvian court.
LUAB Glasma service is selling a claim against Velve for a debt of 466,985.15 EUR, which Velve disputes.
Velve faces a lawsuit from a hospital for failing to complete the construction of the new PSKUS A2 building, leading to the termination of their contract.

🔓 Unlock more with RivalSense

The hospital continues its legal action against Velve due to the incomplete construction of the new PSKUS A2 building.
On October 22, 2024, the State Police decided to close the criminal case against Velve regarding the removal of construction documentation from Paula Stradiņa Clinical University Hospital due to lack of criminal offense, and the documents must be returned to Velve.
On October 22, 2024, the State Police decided to close the criminal case against Velve regarding the removal of construction documentation from Paula Stradiņa Clinical University Hospital due to lack of criminal offense.

👔 Velve CEO, Management and Leadership Team

🔓 Unlock more with RivalSense

⚔️ Velve Alternatives and Competitors

Velve-AE SIA

🔓 Unlock more with RivalSense

Monitor your competitors, key accounts, or your own company with RivalSense AI

Start a free trial

💼 Velve Hiring and Layoffs

Ēriks Gusevs, previously involved in managing large infrastructure projects at Velve, has been appointed as Chairman of the Board at CleanR Verso.
Agris Kreislers is the director of SIA “Velve materiālu sistēmas.”
Baiba Cimdare has left Velve as a Senior Financial Controller in Latvia to join SIA Citrus Solutions as a Business Controller.

🔓 Unlock more with RivalSense