Today, the Cabinet of Ministers, having reviewed the report prepared by the Ministry of Transport, supported the next steps of LAU Infra Group towards an initial public offering (IPO).
This marks an important milestone in the company’s journey to the capital market, strengthening corporate governance, transparency and long-term growth prospects, while also contributing to the development of Latvia’s capital market.
“Our goal is to strengthen the company’s competitiveness and ensure sustainable growth, while maintaining its significant role in delivering and maintaining national infrastructure. An IPO will also provide an opportunity for the people of Latvia to become investors in the company and participate in its development. A balanced approach combining thoughtful investments with a clear dividend policy offers investors a rare combination – a stable company with predictable returns and strong growth potential,” said Vilnis Vitkovskis, Chairman of the Management Board of LAU Infra Group.
The next steps in the IPO process will be implemented in accordance with applicable regulations and market conditions, ensuring a transparent and responsible approach to attracting investors.
