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Riga Shipyard

1913 establishments in the Russian EmpireCompanies listed on Nasdaq RigaCompanies nationalised by the Soviet UnionDefence companies of LatviaLatvian building and structure stubs
Latvian company stubsManufacturing companies based in RigaManufacturing companies established in 1913Military vehicle manufacturersShipbuilding companies of LatviaShipbuilding companies of the Soviet Union

Riga Shipyard (Latvian: Rīgas kuģu būvētava) is a Latvian shipyard as well as one of the largest shipyards in the Baltic region. The shipyard has 9 berths, 3 docks and 2 slipways on the banks of Daugava river channels. The yard is capable to accommodate Panamax size vessels for dry-docking and Aframax size vessels for afloat repairs. Riga Shipyard has repaired more than 100 seagoing vessels per year and has built more than 150 hulls, some partially outfitted, since 1997. Established in 1913, the enterprise was torn by both world wars, which was revived both times. Riga shipyard was privatized in 1995. According to press, in 2013 suffered €1.6 mln losses in 2013 and €1.5 mln in 2014, almost going bankrupt in 2014. In 2020 Latvia's Financial and Capital Markets Commission (FKTK) fined the shipyard for violation of the Financial 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.

Excerpt from the Wikipedia article Riga Shipyard (License: CC BY-SA 3.0, Authors).

Riga Shipyard
Gāles iela, Riga Vecmīlgrāvis

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Latitude Longitude
N 57.028 ° E 24.121 °
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Gāles iela 2
LV-1015 Riga, Vecmīlgrāvis
Vidzeme, Latvia
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