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Riga Shipyard

Coordinates:57°01′41″N24°07′16″E / 57.028°N 24.121°E /57.028; 24.121
From Wikipedia, the free encyclopedia
Company based in Riga, Latvia
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JSC Riga Shipyard
Riga Shipyard dry docks inVecmīlgrāvis
Native name
Latvian:AS Rīgas kuģu būvētava
Company typeJoint stock company
Nasdaq BalticRKB1R
IndustryShipbuilding,Metalworking
Founded1913; 112 years ago (1913)
HeadquartersGāles iela 2,,
Area served
Europe
Key people
Jānis Skvarnovičs (Chairman)
Einārs Buks (CEO)[1]
ProductsPatrol Boats,Fishing Vessels,Workboats,Ferries,Barges,Oil tankers,Tugboats
Revenue1,674,927 euro (2022) Edit this on Wikidata
1,006,722 euro (2022) Edit this on Wikidata
Total assets7,712,263 euro (2022) Edit this on Wikidata
Number of employees
38 (2022) Edit this on Wikidata
Websitewww.riga-shipyard.com

Riga Shipyard (Latvian:Rīgas kuģu būvētava) is aLatvian shipyard as well as one of the largest shipyards in theBaltic region. The shipyard has 9 berths, 3 docks and 2 slipways on the banks ofDaugava river channels. The yard is capable to accommodatePanamax size vessels for dry-docking andAframax size vessels for afloat repairs.

Established in 1913, the enterprise was decimated bybothworld wars, although revived both times afterwards.[2] During the Soviet occupation, the shipyard was called theRiga Ship Repair Factory (Rīgas Kuģu remonta rūpnīca, RKRR).[3] Riga Shipyard was privatized in 1995. The Riga Shipyard has repaired more than 100 seagoing vessels per year and has built more than 150 hulls, some partially outfitted, since 1997.

According to press, in 2013 suffered €1.6 mln losses in 2013 and €1.5 mln in 2014, almost going bankrupt in 2014.[4] In 2020 Latvia's Financial and Capital Markets Commission (FKTK) fined the shipyard for violation of theFinancial Instruments Market Law. According to the FKTK, the shipyard didn't provide audited financial statements for 2018 and interim financial statements for the first nine months of 2019. The shipyard was ordered to immediately provide all the necessary documents.[5]

Among the vessels built by the Riga Shipyard are fiveSkrunda-class patrol boats for theLatvian Naval Forces (in cooperation with the GermanAbeking & Rasmussen shipyard). The contract was signed in 2007 and the last boat entered service in March 2014.[6]

The football clubFK Jūrnieks was originally founded as the shipyard's official team.

See also

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References

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  1. ^"Riga Shipyard Financial statements of Q1 2016"(PDF).Nasdaq Baltic. RetrievedMay 18, 2016.
  2. ^"Riga Shipyard".www.riga-shipyard.com. Retrieved21 December 2017.
  3. ^"Kuģu remonta rūpnīca".Cita Rīga (in Latvian). 2022-07-24. Retrieved2024-03-14.
  4. ^"Латвиец, который продал Украине "вышку Бойко", получил орден от Путина" [Latvian Who Sold 'Boyko Platform' Gets Awarded by Putin] (in Russian). Epravda. 2015-02-27. Retrieved2021-12-15.
  5. ^"Rīga shipyard fined, told to file accounts immediately". LSM.lv. 2020-01-17. Retrieved2021-12-15.
  6. ^"Krasta apsardzes patruļkuģu būves projekts | Nacionālie bruņotie spēki" [Coast Guard Patrol Vessel Construction Project | National Armed Forces].www.mil.lv (in Latvian). Retrieved2024-03-06.

External links

[edit]
Authority control databasesEdit this at Wikidata

57°01′41″N24°07′16″E / 57.028°N 24.121°E /57.028; 24.121


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