SIA “Rīgas ūdens” has published its unaudited condensed interim financial statements for the nine-month period ending 30 September 2025, demonstrating stable operational performance, increased revenues, and continued investments in the modernisation of the city’s water and wastewater infrastructure.

According to the decision of the extraordinary shareholders’ meeting of LLC “Rīgas ūdens” on 21 November 2025, the evaluation of the 2025 sustainability report will be carried out by the sworn audit company SIA “Potapoviča un Andersone”.

The Riga Municipality, as the shareholder of LLC “Rīgas ūdens”, has convened an extraordinary shareholders’ meeting on 21 November 2025.

Ltd. “Rīgas ūdens” has signed an agreement with the Central Finance and Contracting Agency (CFCA) on EUR 22.3 million co-financing from the European Regional Development Fund (ERDF) for the Biological Treatment Plant “Daugavgrīva” reconstruction and expansion project.

At its meeting on 30 October, the Public Utilities Commission (PUC) approved the draft tariff for water supply and wastewater services submitted by Ltd. “Rīgas ūdens.” The new tariff, effective from 1 December 2025, foresees an increase of EUR 0.33/m³ (excluding VAT).

On 17 October, the shareholders’ meeting of LLC “Rīgas ūdens” adopted a decision to elect Māris Kleinbergs as the company’s third Supervisory Board member, bringing expertise in the company’s core business areas — water management and the provision of other engineering system services. His term of office is five years.

LLC “Rīgas ūdens” has established an Audit Committee. Following an open competition, Guntars Ruža and Juris Lapše have been appointed as independent members of the Audit Committee, while the Supervisory Board of LLC “Rīgas ūdens” has delegated its Chair, Dace Ljusa, to serve as the third member.

The Riga Municipality, as the shareholder of LLC “Rīgas ūdens”, has convened an extraordinary shareholders’ meeting on 17 October 2025. The agenda of the meeting includes the election of a new Supervisory Board member of LLC “Rīgas ūdens”.

In connection with the planned changes in the composition of the Supervisory Board of LLC “Rīgas ūdens”, an extraordinary shareholders’ meeting was convened on 29 August this year, during which a decision was adopted to extend the mandate of Dace Ljusa.