According to a Lursoft IT study on the largest construction companies in 2024, VAS Latvijas autoceļu uzturētājs ranks fourth in Latvia by turnover.
Last year, the company’s turnover reached EUR 94.78 million—an increase of 40.9% compared to 2023—while profit amounted to EUR 6.94 million. The company employed more than 1,000 people.
These results demonstrate our continued growth amid changing economic conditions, ensuring the ongoing maintenance and development of the national road infrastructure.
Lursoft IT data shows that the total turnover of the construction sector in 2024 reached EUR 5.62 billion, representing a decrease of just under 2% compared to the previous year. The decline was influenced by high lending rates and cautious investment activity. Meanwhile, the civil engineering segment—where VAS Latvijas autoceļu uzturētājs operates—recorded growth of 8.4%.
By maintaining and developing national infrastructure, we are strengthening long-term economic development and supporting mobility for residents across Latvia.
