JSC (AS) Eco Baltia, the largest environmental resource management and waste recycling group in the Baltics, announces that its audited consolidated and standalone annual report for 2024 is scheduled for submission during the week of 23–30 June 2025.
During this same period, the company will also submit its unaudited financial report for the first quarter of 2025, providing insights into the group's financial performance at the beginning of the year.
Both reports will include up-to-date financial information and reflect the group's operational results, development directions and progress in strategic growth, including expansion into international markets and investments in operational efficiency.
This information will be available on the official Nasdaq Riga website and in the Investors section of the company’s website: www.ecobaltia.lv.
About Eco Baltia Group:
Eco Baltia is the largest environmental resource management and recycling group in the Baltics, providing a complete waste management cycle, from waste collection and sorting, through recycled materials logistics and wholesale, to recycling of recycled materials, including PET and PE/PP plastics, as well as PET fibre production.
The Group's unaudited net revenues in 2024 reached EUR 262.11 million, an increase of 20% compared to the same period last year.
The Group currently employs more than 2,600 people in Latvia, Lithuania, Poland and the Czech Republic. The main subsidiaries managed by the Group are ITERUM, Nordic Plast, Eco Baltia vide, Latvijas Zaļais punkts, JUMIS in Sigulda, Ecoservice Group in Lithuania, TESIL Fibres in the Czech Republic and Metal Plast in Poland, and from October 2024 Oil Recovery (Eko Osta until 28 December 2024) in Latvia.
Eco Baltia's shareholders are private equity fund INVL Baltic Sea Growth Fund (52.81% through UAB BSGF Salvus), the European Bank for Reconstruction and Development (30.51%) and Māris Simanovičs (15.93% through SIA Enrial Holdings and 0.75% through Penvi Investment Ltd).