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

WOLTEC is the largest construction company in the Vidzeme region of Latvia. Founded in 2014, the company commenced its business operations...


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WOLTEC is the largest construction company in the Vidzeme region of Latvia. Founded in 2014, the company commenced its business operations on August 1, 2015. This start date marks the point when SIA “WOLTEC” underwent a reorganization that involved incorporating a segment of SIA “Vidzemes energoceltnieks.” This strategic move allowed SIA “WOLTEC” to inherit and build upon 20 years of established experience, obligations, equipment, and workforce from SIA “Vidzemes energoceltnieks.”

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🛍️ WOLTEC Product and Pricing News

  • WOLTEC is nearing the completion of a water management infrastructure project in the Mārupītes gatve area.
  • WOLTEC will likely participate in the 'Building of the Year 2023' event on August 22, since one of the finalist buildings is Alūksne Sport Center, developed by WOLTEC.
  • Citrus Solutions commented on recent news regarding potential ownership changes between "Tet" and LMT, emphasizing that merging "Tet's" unique underground optical network infrastructure with another operator could limit competition


👔 WOLTEC CEO, Management and Leadership Team


⚔️ WOLTEC Alternatives and Competitors

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


💼 WOLTEC Hiring and Layoffs

  • WOLTEC is hiring a construction manager for water and sewer network projects with a gross salary starting from €2500.


🤖 WOLTEC Developer, Integration and Automation News

  • WOLTEC has been selected to build the technological infrastructure for the Latvia-Belarus border with a budget of €33,170,325.21, to be completed by 2026.
  • WOLTEC secured a contract for construction, reconstruction, and maintenance of electrical installations from 16.11.2023 to 16.11.2024.
  • Valmieras novada municipality signed a contract with WOLTEC for the reconstruction of public street lighting networks in Valmieras novads for a total of 612,942.13 EUR including VAT, with construction work now underway.
  • WOLTEC signed a contract with SIA Babītes Siltums to rebuild sewage and water supply networks in Spuņciems, Mārupes novads.


📈 WOLTEC Financials, Fundraising and Valuation News


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