On April 10, 2026, SIA “Rīgas ūdens” held a webinar to present its audited financial results of 2025 and other strategic developments.
SIA “Rīgas ūdens” has published its audited 2025 annual report – Sustainability Report and Financial Statements. The Company’s operating revenue increased by 5.2% in 2025, reaching EUR 80.32 million, while the EBITDA margin rose to 38.6%. The total investment volume reached EUR 48.5 million in 2025 – the highest level in the past five years. The year was closed with a profit of EUR 0.59 million, and the Company’s total assets increased to EUR 752.1 million.
On 25 March 2026, the Riga City Council decided to retain the direct participation of the Riga City Municipality in SIA “Rīgas ūdens”. The decision was adopted following an evaluation of the municipality’s participation, taking into account the strategic importance of water utility services for the city’s infrastructure and development.
SIA “Rīgas ūdens” informs that unaudited financial data for the 2025 reporting period, which ended on 31 December, have been published. The full Audited Annual and Sustainability Report 2025 will be published on 31 March 2026.
Continuing preparations for the next phase of its investment programme, SIA Rīgas ūdens has signed an agreement with the Nordic Investment Bank (NIB) providing access to a loan facility of up to EUR 50 million and has initiated the extension of its bond programme.
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.