Name:
Password:
Free guest access

Send a comment to editor

Competition Council bans Tiriga waste management company from signing agreements with Riga residents
Your name:
E-mail:
Comment:
Security Code:
To refresh the security code, click on it
Enter the code here:
    News

    Competition Council bans Tiriga waste management company from signing agreements with Riga residents

    RIGA, Sept 9 (LETA) - The Latvian Competition Council has banned Tiriga waste management company from signing agreements with the residents of Riga, LETA learned from the institution.

    The Competition Council has not provided further comments on its decision, but will explain it in a press briefing on September 10.

    Joint-stock company Tiriga's public partner is Getlini Eko that ensures supervision of the public and private partnership project. The private partner is CREB Riga that is formed up by two waste management companies - Clean R and Eco Baltia Vide.

    As reported, Getlini Eko announced that CREB Riga is the winner of the tender worth EUR 686.3 million on waste management services in the Latvian capital for the coming 20 years.

    In early June, Getlini Eko and CREB Riga registered joint-stock company Rigas Vides Pakalpojumi that was later renamed to Tiriga.

    The Competition Council announced earlier that Clean R and Eco Baltia Vide had to report on the merger in the new company CREB Riga.

    Clean R last year generated EUR 33.375 million in sales, and posted EUR 3.505 million in profit. The company was registered in 2004, and has a share capital of EUR 1.2 million. Its sole owner is TAK Investicijas and the true beneficiary is Guntars Kokorevics.

    Getlini Eko is the operator of the largest landfill in the Baltic states, Getlini. The company was registered in 1997 and belongs to the Riga City Council (97.92 percent) and Stopini regional council (2.08 percent).

    Eco Baltia Vide is a member of Eco Baltia group. Its largest shareholders are the European Bank for Reconstruction and Development (30.51 percent), Otrais Eko Fonds (19.46 percent), and Viesturs Tamuzs, Maris Simanovics and Undine Bude (16.68 percent each).

    • Published: 09.09.2019 17:25
    • Raivis Spalvens, LETA
    •  
    • © The given news may not be republished in any way or amount, or otherwise used by the mass media or Internet websites, without written permission of LETA. If this provision is not observed, the matter will be taken to court pursuant to the laws and regulations of the Republic of Latvia.
    • All
    • News
    • Press Releases
    • Photo

    SIGN UP TO RECEIVE NEWS BY E-MAIL

    Advertisements

    LETA projects