Skonto Būve is one of Latvia's leading construction companies, operating since 1995. It performs construction, design, engineering and commissioning services for infrastructure projects across Latvia. Some of Skonto Būve's largest recent railway projects include constructing a second track on the 57km Skrīveri-Krustpils line from 2010-2014 for €105.7 million, and developing infrastructure on Krievu Island from 2012-2015 for €123.4 million to relocate port activities away from Riga's center. Skonto Būve also constructed the new Bolderāja 2 station and 11.3km access track from 2013-2015 to connect the new port terminals to the main rail network.

1. Presented by Dmitrijs Soldatenko

2. About Skonto Būve
Skonto Būve is one of the leading construction companies in Latvia and plays a significant role in the development of infrastructure on a
national scale.
Skonto Būve performs construction and design works, designs bridges, roads, and building structures, offers architecture design and planning
of a wide range of engineering infrastructure, and provides all services required for the commissioning of objects.
Skonto Būve has been operating in the market since 1995 and during these years we have been able to use our professionalism and
experience to make our contribution to the creation of objects that are important to Latvia and its people. Skonto Būve is also the largest
taxpayer in the construction sector.
The owners of Skonto Būve Ltd. are Latvian businessmen Guntis Rāvis and Ivars Millers.

3. Services
Skonto Būve offers services of construction “from zero” and renovation. During these years of our operation, we have become one of the largest
and most experienced construction companies in Latvia.
The company employs the best experts from their respective areas who help Skonto Būve deal efficiently with any construction challenges that
may arise.
During of many years, we have built a great number of objects, including residential buildings, commercial structures, sports and cultural venues,
and administrative buildings.
Main service lines:
 Construction of buildings
 Renovation and Restoration
 Engineering structures
 Bridges and Hydrotehnical structures
 Design

4. Largest companies of GRF group
 Skonto Būve - one of the leading Latvian construction company.
 LEC ( Latvijas Energoceltnieks) – power industry, telecommunications, construction.
 Roadeks - road and street construction and repair works, water supply and sewerage network construction and repair.
 Dzelzceļu Būve – railway construction company.
 Skonto Plan - production of metal constructions and double-glazed units, aluminum windows, doors and curtain walling facades.
 Skonto Prefab - prefabricated concrete manufacture, design, supply and installation.
Group’s start – up companies:
 Cross Timber Systems – production of CLT panels.
 Forta Medical – modular construction (housing and hospitals).

5. Structure of the construction & production
sector of GRF group
GRF
GRIF 1 (100%)
Skonto Būve
(95%)
GRIF 2 (100%)
Skonto Plan
(80,73%)
... GRIF 4 (100%)
Brīvais kalns
(50%)
Roadeks (50%)
... GRIF 18 (100%)
ABMR (100%)
Skonto Prefab
(100%)
... GRIF 23 (80%)
Energo Holdings
(66,25%)
LEC (100%)
... GRIF 29 (80%)
Dzelzceļu Būve
(50%)

6. Financial data of the largest construction companies
Skonto Būve
Position 2014
MEUR
2015 F
MEUR
Total Assets
86 72
Turnover
91 122
EBITDA
5,6 9
Average number of employees
194 181
 Construction of buildings
 Renovation and Restoration
 Engineering structures
 Bridges and Hydrotehnical structures
 Design
 Multi – Storey buildings

7. Consolidated GRF financial data
Position 2014
MEUR
2015 F
MEUR
Total Assets 185 192
Turnover 184 198
EBITDA 7 11
Average number of
employees
1 271 1 200

8. Largest completed railway construction projects
Partnership Investment Project Project
turnover,
MEUR
Project term
PS BMGS-S 50% Development of the Infrastructure in Krievu sala aimed
at relocation of port activities away from Riga center
123,4 Jun 2012- Nov 2015
Construction of the Bolderāja 2 station with connecting
roads to the Krievu sala terminals
41,2 Apr 2013 – Dec 2015
PS ''Skonto Būve,
BMGS, ACB un
Binders''
25% Construction of the second railway track Skrīveri -
Krustpils
105,7 Aug 2010 – Dec 2014

9. Customer: SJSC «Latvijas dzelzceļš» (Latvian Railways)
General contractor: General partnership «Skonto Būve, BMGS, ACB and
Binders»
Project implementation period: August 2010 – December 2014.
Scope of the contract: design, construction and commissioning;
Project turnover: 105,7 MEUR
The main aim is to increase rail capacity by constructing second railway
track in section between Skriveri and Krustpils
Second railway track construction Skriveri – Krustpils
(Riga – Krustpils section)

10. The project included construction of:
• ~57 km of new railway track;
• reconstruction of existing bridges over Aiviekste and
Perse rivers (first railway track);
• construction of new bridges over Aiviekste and Perse
rivers (second railway track),
• reconstruction of stations, stop points and railway
crossings including the extension of existing railway
tracks;
• construction of high-level passenger platforms on
stations: Muldakmens, Aizkraukle, Koknese, Alotene,
Plaviņas, Ozolsala and Krustpils);
• installation of modern microprocessor interlocking
system ;
• construction of power supply system including
installation of 10 kV cable line (48 km) and 0,4 kV
cable line (82 km);
• reconstruction of the existing catenary system at 2
stations: Skriveri and Aizkraukle (approximately 6.5
km).
Second railway track construction Skriveri – Krustpils
(Riga – Krustpils section)

11. Second railway track construction Skriveri – Krustpils (Riga – Krustpils
section)

12. Customer: Riga Freeport Authority
General contractor: PS «BMGS S» -- General partnership between
SIA «Skonto Būve» (50%) and JSC «BMGS» (50%)
Project implementation period: June 2012 – November 2015.
Scope of the contract: design, construction and commissioning;
Project turnover: 123,4 MEUR
The aim of the project is the transfer of general cargo, Ro-Ro and bulk
terminals of Riga port from the areas of Andrejosta and Eksportosta to
Krievu Island.
Development of infrastructure on the Krievu Island for
the transfer of Port Activities from the city centre of Riga

13. The project included construction of:
• sand enbankment (for tracks) ~ 65 000 m3;
• geotextile ~ 35 000m2;
• granite ballast ~ 28 000m3;
• rail turnouts – 22 units;
• new railway tracks ~ 12 km;
• drainage system ~ 4.5 km;
• construction and installation of communication devices, signalling
and power supply.

15. Customer: SJSC «Latvijas dzelzceļš» (Latvian Railways)
General contractor: PS «BMGS S» -- General partnership between
SIA «Skonto Būve» (50%) and JSC «BMGS» (50%)
Project implementation period: February 2013 – November 2015.
Scope of the contract: surveying (topographical, geotechnical), design,
construction and commissioning;
The main function or Bolderaja 2 station is to include Krievusala new
harbor terminals in main rail network, thus allowing more freights to be
loaded/unloaded further from Riga city centre.
Construction of the Bolderāja 2 station with an access
track to the Krievu Sala terminals

16. The project included construction of:
• ~11.3km newly built railway track;
• Two d=2,4m culverts in Hapaka channel;
• Three span overpass over Daugavgrivas street;
• Overpass over existing railway line;
• 9 bridges over Hapaka channel;
• 5 service buildings;
• ~5km of water supply network;
• ~4km of power cable lines;
• >320 000 m3 of sand embankment;
• >3km of road
Construction of the Bolderāja 2 station with an access
track to the Krievu Sala terminals

17. Construction of the Bolderāja 2 station with an access track to the Krievu Sala
terminals

18. Second railway track construction Skriveri – Krustpils (Riga – Krustpils
section)

19. Dmitrijs Soldatenko
Project manager
dmitrijs.soldatenko@skontobuve.lv
+371 67 096 187
+371 26 300 966
Thank you for your attention!