LNK Industries High Up in the Top List of the Construction Industry Companies

The TOP 30 list for the year 2016 in the construction industry, compiled by the business newspaper “Dienas Bizness”, lists three LNK Industries Group companies: AS “LNK Industries”, SIA “Enfort” and PS “LNK Industries Group”, with AS “LNK Industries” invariably occupying one of the very top positions in the list of construction companies, standing at 4th place.

The works completed by LNK Industries Group in 2016 include renovation of façades of educational institutions and reconstruction of sports facilities in Riga, building of hotels and renovation of jetties in the Freeport of Ventspils as well as other projects. As for this year, the key projects where construction work has been launched include the Mežaparks Grand Stage and also the stands in the Daugava Stadium, to be performed by the general partnership “LNK Industries Partnership”. The work should be completed by May next year, while next autumn is the deadline for completing the construction of the University of Latvia Academic Centre in Torņakalns, where the builder is the general partnership “LNK Industries Group”.

The TOP list of builders for the year 2016 compiled by the newspaper “Dienas Bizness” suggests that, overall; the industry is still awaiting an upturn. In 2017, expectations are much more optimistic than a year ago and the sentiment has become more positive. However, according to the Central Statistical Bureau, in 2016, total output of the construction industry demonstrated a 17.8% fall compared to 2015. Despite that fact, this year promises to be more successful than the previous one, as there are hopes that EU projects will eventually start.