---

Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

---

Velve

🌎 velve.lv

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.

---

Velve - Latest News and Updates

• Velve is currently involved in a legal dispute with Stradiņa Hospital over construction issues related to mold remediation.
• 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.
• Toms Kreislers is associated with Velve Materiālu Sistēmas.

---

Sign up to receive regular updates

If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.