Eco Baltia vide Ltd. (SIA), the environmental management company of the largest environmental resource management and recycling group in the Baltics, Eco Baltia, will provide waste management services in the Ventspils County Municipality following the results of an open tender. The service will start on 1 August 2025. The total estimated value of the five-year contract is €1.3 million (excluding VAT).
Jānis Aizbalts, Chairman of the Management Board of “Eco Baltia vide”, comments: “Cooperation with Ventspils County marks the next step in the company's expansion in the Kurzeme region. This agreement provides an opportunity to broaden our public sector client portfolio, strengthen our regional presence, and apply the waste management solutions we have already implemented effectively in other territories.”
Service provision will follow the requirements outlined in the tender documentation, which include both environmental protection and operational efficiency criteria.
“Eco Baltia vide” will deliver services in line with the municipality’s technical specifications, placing particular emphasis on service quality and customer service standards.
“The criteria set out in the Ventspils County procurement align with the principles of sustainable and results-driven waste management. This enables us to continue enhancing service quality and efficiency by building on our experience across other regions in Latvia. Sustainable resource management and circular economy practices will remain a key part of our long-term strategy,” adds Jānis Aizbalts.
About SIA “Eco Baltia vide”
“Eco Baltia vide” is an environmental management company providing the widest range of waste management services, including household and sorted waste collection, packaging waste management, construction and bulky waste disposal, territory and road maintenance, and various seasonal services. In 2023, “Eco Baltia vide” achieved a turnover of nearly 54 million euros.
About AS “Eco Baltia”
“Eco Baltia” is the largest environmental resource management and recycling group in the Baltics, ensuring a full waste management cycle - from waste collection and sorting to secondary raw material logistics, wholesale, and the recycling of secondary materials, including PET and PE/PP plastics, as well as PET fiber production.
The Eco Baltic group ended 2024 with its largest ever unaudited consolidated turnover of 262 million euros, an increase of 20% compared to 2023.
The group’s companies in Latvia, Lithuania, Poland and Czech Republic have more than 2,600 employees. The largest of the companies the group owns are Eco Baltia vide, Latvijas Zaļais punkts, Nordic Plast, Oil Recovery, and ITERUM in Latvia, Metal-Plast in Poland, TESIL Fibres in Czech Republic, and Ecoservice in Lithuania.
The shareholders of Eco Baltia are the INVL Baltic Sea Growth Fund (52.81%), the European Bank for the Reconstruction and Development (30.51%) and Māris Simanovičs (15.93% through SIA Enrial Holdings and 0.75% through Penvi Investment Ltd).