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Woltec SIA (Latvia)

Main Activities: Utility System Construction
Full name: Woltec SIA Profile Updated: February 25, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

Woltec SIA is a Latvian construction and engineering company headquartered in Valmiera, specialising in utility infrastructure, electromontage and general construction works. Established in 2014 and operational since 2015, Woltec's core business segments include electrical installation and wiring services, telecommunications and network infrastructure construction, water supply and sewerage systems, heating, ventilation and air conditioning installations, and building works for residential, institutional and industrial facilities. The company serves public and private sector clients across Latvia with projects that involve complex engineering works, utility network expansions and site‑wide construction services. Geographic reach is domestic with a focus on projects in the Vidzeme region and across the country. Key strategic assets include a large technical fleet, engineering expertise and integrated quality and safety management systems. Strategic focus is on delivering high‑quality infrastructure and construction solutions, expanding technical capabilities and maintaining regulatory and standards compliance.

Headquarters
Ausekla iela 31
Valmiera; Valmiera municipality; Postal Code: 4201

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Website: https://woltec.lv

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 16, 2014
Key Executives
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Chairman of the Supervisory Board
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Member of Management Board
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Member of Management Board
Ownership Details
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20%
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20%
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20%
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20%
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20%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
20.43%
Total operating revenue
20.22%
Operating Profit/Loss (EBIT)
101.46%
EBITDA
101.46%
Net Profit/Loss for the Period
110.99%
Total Assets
41.19%
Total Equity
51.51%
Operating Profit Margin (ROS)
2.95%
Net Profit Margin
2.67%
Return on Equity (ROE)
10.69%
Quick Ratio
-0.05%
Cash Ratio
-0.07%

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