Velve | Latest News & Updates - Oct 22, 2024 Release

Rīgas apgabaltiesa has indefinitely postponed the appeal by SIA 'Rīgas nami' against Velve regarding a dismissed claim for damages in a potential construction cartel case...


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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

  • Rīgas apgabaltiesa has indefinitely postponed the appeal by SIA 'Rīgas nami' against Velve regarding a dismissed claim for damages in a potential construction cartel case.
  • Stradiņa slimnīca is pursuing legal action against Velve for damages of 1.4 million euros, with plans to increase the claim to 7 million euros.
  • Velve's projects, Novira Plaza and Verde office complex, were recognized as the best new projects of the year by the BREL Forum Awards 2024.
  • Velve reported a 2.57% revenue decrease to 67.38 million EUR in 2023 and ended the year with a loss of 3.72 million EUR, prompting the company to seek legal protection to manage creditor actions.
  • Baiba Cimdare has left Velve as a Senior Financial Controller in Latvia to join SIA Citrus Solutions as a Business Controller.
  • Raivis Skrinda and Toms Matusevičs represented Velve-AE in a recent event in Jelgava.

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