RERE Grupa

What RERE Grupa does

RERE Grupa is a Latvian-headquartered construction group (AS RERE Grupa, based in Mārupe) operating through six subsidiaries that cover the full project lifecycle: general contracting (RERE Būve), interior fit-out (RERE Meistari), environmental works (RERE Vide), design-build (RERE Design & Build), and joinery/carpentry (Galdniecība, Būvgaldniecība). The group serves predominantly Latvian public-sector clients, executing cultural, educational, and transport infrastructure projects, and is one of the few domestic contractors with a demonstrated heritage restoration track record. Contract evidence includes the New Riga Theatre project (valued at approximately EUR 29 million, terminated in December 2024), the Lielā Ģilde cultural building (approximately EUR 16.2 million), and the Jelgava Gymnasium (approximately EUR 12.1 million).

Revenue is generated through competitive public tenders and, increasingly, joint ventures on EU-co-financed programs. The RERE INECO joint venture, formalized in November 2022, gives the group exposure to Rail Baltica, the largest cross-Baltic transport infrastructure program, and provides a structural channel into cross-border project execution. The group maintains ISO 9001, ISO 14001, and ISO 45001 certifications, which function as mandatory prequalification gating for EU co-financed and state procurement bids in Latvia. Customer mix is heavily skewed toward state and municipal end-buyers, making the business sensitive to public-budget cycles and political procurement decisions rather than commercial real estate market dynamics.

Operationally, the group runs with a 251-500 employee headcount and relies on a model that combines direct project execution with subcontracting typical of mid-tier European general contractors. Recognition includes the 2022 Latvian Construction Year Award. The December 2024 termination of the New Riga Theatre contract is the most consequential near-term event, removing a flagship cultural-infrastructure engagement from the active backlog and creating execution-capacity reallocation pressure across the subsidiaries.

Name

RERE Grupa

Legal name

AS RERE Grupa

Website

https://reregrupa.lv

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

RERE Grupa is a Latvian construction group operating through six subsidiaries (construction, fit-out, environment, design-build, joinery), serving primarily public-sector clients on cultural, educational, and transport infrastructure projects, including heritage restoration and the Rail Baltica program via its RERE INECO joint venture.

Ownership category

akta.pro rank

Product category

General Contracting and Construction Services

NAICS

Residential Remodelers (236118), Commercial and Institutional Building Construction (23622), Commercial and Institutional Building Construction (236220)

SIC

General Bldg Contractors - Residential Bldgs (1520), General Bldg Contractors - Nonresidential Bldgs (1540), Construction - Special Trade Contractors (1700)

akta.pro primary industry

Exterior Restoration & Remediation (Recladding, Re-roofing, Leak Repair, Concrete/Facade Repair) (IMAFAMAH)

akta.pro secondary industries

Full Gut Renovation (Studs-Out Remodel) (HSAPAEAA), Grout Cleaning, Sealing & Color Restoration (Color-Seal) (HSAGAGAB)

Keywords

• Construction services
• Building restoration
• Heritage conservation
• Infrastructure projects
• Public contracting

Headquarters

HQ city

Marupe

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Others

Revenue model

1. Construction Services: Full-cycle construction services including new construction, reconstruction, and restoration of buildings and infrastructure projects for government and municipal clients
2. Specialist Craftsmanship (RERE Meistari): High-quality finishing work, restoration services including monumental decorative painting, sculpture restoration, artificial marble production, decorative painting, gilding, and faux-wood paintwork
3. Joinery Services: Custom wood product manufacturing including restoration of historical wooden windows, doors, wall panels, furniture, and new wood products to order
4. Carpentry Services: Carpentry services including restoration of historic wooden buildings, log construction, turning of wooden columns, sawing services and calibrated timber

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

RERE Grupa is a Latvian construction group providing full-cycle construction, restoration, and infrastructure/environmental project services. The company delivers new construction, reconstruction, and heritage building restoration for government institutions, municipalities, cultural heritage sites, and educational facilities across Latvia through specialized subsidiaries covering construction, finishing craftsmanship, joinery, carpentry, and environmental infrastructure.

Product overview

RERE Grupa is a Latvian construction group offering integrated services across three main directions: construction, restoration, and infrastructure/environmental projects. The company operates through several specialized sub-brands: RERE BŪVE handles full-cycle construction and design-build projects; RERE MEISTARI provides restoration and high-quality finishing services including decorative painting and heritage conservation; Galdniecība (Joinery) offers wood restoration and custom wood product manufacturing; BŪVGALDNIECĪBA provides carpentry services including timber building restoration; and RERE VIDE handles infrastructure and environmental projects. The group serves both public and private sector clients with projects ranging from historical building restoration to new construction.

Differentiator

Problem solved

Functional benefit

Brands

• RERE BŪVE: Full-cycle construction, reconstruction, restoration, Design & Build projects, and construction consultations
• RERE MEISTARI
• Galdniecība (Joinery)
• BŪVGALDNIECĪBA

Products and services

• RERE BŪVE

Quantifiable outcome

• Cēsu Valsts ģimnāzija project completed: modern facility for 350+ students and teachers
• +3 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• RERE INECO (Joint Venture)coreStrategic or Co-development Partner · 4 November 2022RERE INECO signed contract for design and author supervision of Rail Baltica's regional mobility points. Partnership formed to pursue Rail Baltica mainline projects in Latvia, including 16 regional mobility points in addition to Riga Central Station and Airport station.
• RE&RE un Compaign (Partnership)coreStrategic or Co-development PartnerJoint partnership PS 'RERE BŪVE, RE&RE un Compaign' formed for implementation of construction works at Upes Avenue 16, Ogre project.
• SIA 'Forma 2'minorImplementation/ SI/ Consulting PartnerSIA 'Forma 2' provides author supervision for Melluzi Open-air Stage restoration project.
• Zaigas Gailes Birojs un Partneri (General Partnership)coreStrategic or Co-development PartnerGeneral partnership 'Zaigas Gailes Birojs un Partneri' serves as author of New Riga Theatre reconstruction project. Deep collaboration on one of Europe's most contemporary theatre construction projects.
• Eiropas Dzelzceļa līnijas (Rail Baltica national implementing body)coreStrategic or Co-development PartnerNational implementing body for Rail Baltica in Latvia. RERE INECO partnership secured through cooperation agreement for design and supervision of regional mobility points.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RERE Grupa