Binders
Binders is a Riga, Latvia-based private construction firm employing 251-500 staff that delivers road construction, infrastructure projects, and material testing services to public and private clients.
- Company typePrivate
- Founded-
- HeadquartersRiga, Latvia
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Binders does
Binders is a Latvian for-profit private company headquartered in Riga that delivers road construction, broader infrastructure projects, and material testing services to public and private clients. Its operating scope spans civil-engineering contracting (roadworks and related infrastructure) and laboratory-based materials testing, a combination that is typical of mid-sized Baltic general contractors seeking to anchor revenue on long-cycle public tenders while diversifying into higher-margin testing work.
The firm operates with a headcount of 251-500, placing it in the mid-tier of Latvian civil contractors. No information is available in the input data regarding proprietary technology, specific project backlog, fleet composition, certifications, customer logos, pricing, revenue, funding history, or management team. The company's website (binders.lv) returned only a loading/verification placeholder at the time of data capture, providing no additional substantive content.
The business model is best characterized as project-based contracting: Binders presumably bids for and executes road and infrastructure works, generating revenue through unit-price or lump-sum construction contracts, supplemented by fee-for-service materials testing. Customer segments span Latvian public-sector infrastructure buyers (national road authority, municipalities, EU-funded programs) and private developers, though no segment split is disclosed.
Binders firmographics
Firmographics- Name
- Binders
- Website
- https://binders.lv
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Binders is a Riga, Latvia-based private construction firm employing 251-500 staff that delivers road construction, infrastructure projects, and material testing services to public and private clients.
- Ownership category
- akta.pro rank
Binders industry classification
Industry- Product category
- Road Construction and Infrastructure Services
- NAICS
- Site Preparation Contractors (23891), Other Specialty Trade Contractors (2389)
- SIC
- Heavy Construction Other Than Bldg Const - Contractors (1600)
- akta.pro primary industry
- Public Works General Contracting (IMAFAAAG)
- akta.pro secondary industry
- Temporary Works & Shoring (Sheeting, Bracing, Cofferdams) (IMAFAKAI)
Keywords
Where Binders is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Markets served
Binders business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales
Binders product offering
Product offeringCore offering
Binders provides road construction, civil infrastructure project delivery, and material testing services for public and private sector clients. The firm operates as a mid-sized construction contractor headquartered in Riga, Latvia, executing physical infrastructure works and supporting them with laboratory material testing.
Differentiator
Problem solved
Functional benefit
Products and services
- Road Construction Construction of roads for public authorities and private clients, delivered as a contracted civil engineering service in Latvia.
- Infrastructure Projects Broader civil infrastructure project delivery, supporting public and private sector infrastructure development needs.
- Material Testing Services Material testing services provided to public and private clients to verify quality and compliance of construction materials used in infrastructure and road projects.
Companies that use Binders
Customer profileIdeal customer profiles2 records
Binders technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Binders competitors and assessment
Company assessmentBroad incumbents
- Skanska: Global construction and infrastructure developer with significant civil engineering and road operations, including in the Nordic-Baltic region. Competes with Binders on large infrastructure tenders.
- Eurovia (VINCI): European road construction, mobility, and urban development specialist operating across many EU member states. Comparable road-building expertise and routinely bids into Baltic public tenders.
- YIT (formerly Lemminkäinen): Nordic construction group with significant paving and road maintenance operations across the Baltics and Nordics. Comparable road construction and infrastructure footprint serving similar public clients.
- NCC: Major Swedish construction and infrastructure company active in civil engineering, road building, and asphalt across the Nordics and Baltics. Comparable in services and customers but operates at a much larger scale.
- Strabag: Large European construction group with substantial road and civil infrastructure operations across Central and Eastern Europe, including neighboring markets. A frequent competitor for EU-funded infrastructure contracts.
- Colas (Bouygues): World-leading road construction and maintenance specialist with extensive European operations. Comparable on core road construction and materials testing activities and regularly bids into Baltic tenders.
Direct peers
- Skonto Būve: One of Latvia's largest general construction and infrastructure contractors, active in civil works, bridges, and roads. Comparable as a domestic Latvian peer competing for the same public-works pipeline as Binders.
- LNK Industries: Latvian infrastructure and civil engineering group with road, bridge, and industrial construction activities. Direct peer operating in the same Latvian tender market with similar scope of works.
- A.C.B. (Asfaltēšana Ceļu Būve): Latvian road construction and asphalt paving contractor with overlapping public and private client base. Directly comparable to Binders on geography, services (road building, materials), and customer segment.
Regional players
- Trev-2 Grupp: Estonian road construction and infrastructure contractor serving public and private clients in the Baltics. Comparable business model and end-market, with geographic overlap in cross-Baltic tenders.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
Binders social profiles
Digital presenceBinders financial estimates
Financial estimateRevenue estimate
Valuation estimate
Binders leadership team
Management profileNumber of profiles
Binders funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Binders M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Binders
What does Binders do?
Binders provides road construction, civil infrastructure project delivery, and material testing services for public and private sector clients. The firm operates as a mid-sized construction contractor headquartered in Riga, Latvia, executing physical infrastructure works and supporting them with laboratory material testing.
Is Binders a public or private company?
Binders is a private company. It is classified as unknown and is currently operating.
When was Binders founded?
Binders was founded in -1. It employs 251 to 500 people.
Where is Binders based?
Binders is headquartered in Riga, Latvia, in the Europe region.
Who are Binders's main competitors?
Broad incumbents on record are Skanska, Eurovia (VINCI), YIT (formerly Lemminkäinen), NCC, Strabag and Colas (Bouygues). Direct peers are Skonto Būve, LNK Industries and A.C.B. (Asfaltēšana Ceļu Būve). Trev-2 Grupp is listed as a regional player.
Does Binders have an API?
No public API is recorded for Binders.
What industry is Binders in?
Binders's product category is Road Construction and Infrastructure Services. Its primary akta.pro industry code is IMAFAAAG, Public Works General Contracting, with a secondary code of IMAFAKAI, Temporary Works & Shoring (Sheeting, Bracing, Cofferdams). Its NAICS code is 23891 and its SIC code is 1600.