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Private company

Latvijas Valsts ceļi

Logo: lvceli.lv3

Latvijas Valsts ceļi is a Latvian construction of roads and motorways company based in Riga.1 It was founded in 1997.1 It employed 366 people in 2023.1 Its revenue was €20.9 million in 2023.1

Latvijas Valsts ceļi („Lettlands Staatsstraßen“) ist eine am 26. Oktober 2004 in Lettland gegründete staatliche Aktiengesellschaft. Sie gehört zu 100 % dem Verkehrsministerium Lettlands. Die Gesellschaft ist aus dem lettischen Straßenbauamt hervorgegangen und übernimmt nun dessen Aufgaben. Nur wenige kurze Teilstrecken der Staatsstraßen sind als Autobahn ausgeführt.2 From the German Wikipedia, CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

May 28, 1997Founded1
  • IndustryConstruction of roads and motorways, activities of other membership organisations n.e.c., regulation of and contribution to more efficient operation of businesses1
  • HeadquartersRiga, Latvia1
  • Websitewww.lvceli.lv
  • Legal formlimited liability company1

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Subsidiaries and ownership

Owners

  • Ministry of Transport

From Wikidata.1

Employees over time

  • 20233661
  • 20223531

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Latvijas Valsts ceļi revenue by year120.9M EUR in 2023+9% since 2022
010.0M EUR20.0M EUR30.0M EUR2022: 19.2M EUR19.2M EUR20222023: 20.9M EUR20.9M EUR2023+9%
  • 202320.9M EUR1
  • 202219.2M EUR1

Net income

Latvijas Valsts ceļi net income by year1187.4K EUR in 2023+2% since 2022
050.0K EUR100.0K EUR150.0K EUR200.0K EUR2022: 182.9K EUR182.9K EUR20222023: 187.4K EUR187.4K EUR2023+2%
  • 2023187.4K EUR1
  • 2022182.9K EUR1

Timeline

  1. May 28, 1997Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
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