LAU Infra Group today informed at a press conference about its future development plans and progress toward the capital markets, including intentions to launch an initial public offering (IPO) later this year.
The IPO will mark a significant milestone in the company’s development by broadening its investor base and establishing a mixed ownership structure, while maintaining the state’s strategic control. It also represents an important step for the Latvian capital market, as LAU Infra Grupa is set to become the first state-owned enterprise potentially to list its shares on the stock exchange.
The capital raised will be allocated to investments in technology, strengthening operational capacity, development of services, and gradual expansion into the Baltic and Scandinavian markets. This will enable the company to reinforce its position in the infrastructure sector and expand its role in projects of national importance.
“A sustainable business is built on the ability to operate effectively in a competitive market environment and deliver consistent financial performance—something LAU Infra Grupa has demonstrated in practice. We have established a solid foundation for the next phase of development—transitioning to a publicly listed company,” said Vilnis Vitkovskis, Chairman of the Management Board of LAU Infra Grupa.
In recent years, the company has demonstrated steady growth. According to unaudited data, in 2025 the company’s revenue reached EUR 97.14 million, while profit increased by 10.7% to EUR 7.69 million. Nearly half of last year’s revenue was generated from construction projects and other services in the open market, demonstrating the company’s competitiveness.
“Our objective is to combine growth with a clear and transparent dividend policy. We see further growth in service development and expansion into new markets, while maintaining high standards of corporate governance and creating long-term value for our investors,” added V. Vitkovskis.
As part of the initial public offering, new shares are planned to be issued and listed on the Nasdaq Riga Baltic Official List. In line with the government’s decision, the state will retain a strategic ownership stake of at least 75.01%.
We invite you to follow updates on our IPO journey on the investor relations website.
