Oil Recovery

Name

Oil Recovery

Legal name

SIA "Oil Recovery"

Website

https://oilrecovery.lv

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Hazardous Waste Management

NAICS

Waste Management and Remediation Services (562), Waste Treatment and Disposal (5622), Remediation Services (56291)

SIC

Refuse Systems (4953)

akta.pro primary industry

Used Oil & Oily Waste Management (Collection, Re-refining, Disposal) (BPALAFAI)

akta.pro secondary industries

Solvent Recovery & Hazardous Waste Recycling/Reclamation (Distillation, Reuse) (BPALAFAH), Oil Spill Response & Recovery (Marine & Inland Waters) (EUAIAMAA), Pollution Response & Environmental Salvage (Oil Spill, HAZMAT) (IMAJANAF)

Keywords

• Hazardous waste management
• Used motor oil collection
• Used tire recycling
• Environmental remediation services
• Ship waste management

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Hazardous Waste Collection Services: Collection, transportation, and disposal of used motor oil, oil filters, contaminated soil, wastewater, and other hazardous materials. Revenue generated through service fees based on volume and type of waste.
2. Used Tire Collection: Collection and recycling of used tires. Fees charged per tire or per tonne for legal entities.
3. Environmental Remediation Services: Geoecological surveys, contaminated site remediation, and environmental monitoring services for industrial clients.
4. Vacuum Truck Services: Industrial cleaning services for tanks, pipelines, and sewer systems using specialized vacuum trucks.
5. Ship Waste Management: Collection and management of ship-generated waste in Riga Freeport under MARPOL convention requirements.
6. Transport Services: Transportation of hazardous waste using specialized ADR-certified vehicles, charged per hour.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Oil Recovery provides hazardous waste collection, transportation, treatment, and recycling services across Latvia, including used motor oil disposal, used tire collection, industrial wastewater and contaminated soil handling, ship waste management in the Freeport of Riga, vacuum truck services, environmental remediation, and 24/7 emergency spill response. The company operates a fleet of 24 specialized vehicles and a network of 58+ collection points, serving industrial clients, municipalities, auto repair shops, port operators, and private individuals.

Product overview

Oil Recovery is a waste management company providing hazardous waste collection, transportation, treatment, and recycling services in Latvia. The company operates a portfolio of ten core service offerings covering used motor oil disposal, used tire collection, hazardous waste management, emergency spill response, ship waste management, vacuum truck services, environmental remediation, road transport, auto repair shop waste management, and asbestos waste handling. These services work together as an integrated hazardous waste management ecosystem—used oil and tire collection form the primary volume services, while specialized offerings like ship waste management, asbestos handling, and environmental remediation address niche market segments. The company operates a fleet of 24 specialized vehicles and maintains a network of 58+ collection points across Latvia, serving both individual and corporate customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Disposal of Used Motor Oil Collection and recycling service for used motor oil from vehicles, machinery, and industrial equipment. Oil can be dropped at 58+ collection sites across Latvia or collected free of charge for volumes exceeding 100 liters. Used motor oil is then processed and regenerated as fuel at the planned oil regeneration plant, the first of its kind in the Baltics.
• Collection of Used Tires Safe collection and transfer of end-of-life tires for recycling into rubber granules, road surfaces, and sports field coverings. Accepts tires from individuals at the Riga facility (3.50 EUR per tire including VAT) and from legal entities at 150 EUR/t for passenger/truck tires and 275 EUR/t for industrial/tractor/damaged tires (excluding VAT).
• Management of Various Types of Hazardous Waste Comprehensive hazardous waste collection, transportation, and disposal services including oil-contaminated water, industrial wastewater, used oils, contaminated soil, organic solvents, chemicals, and asbestos-containing materials. Pricing is custom-quoted based on waste composition and volume for legal entities.
• Cleanup of Local Accident Damage 24/7 emergency response service for pollution spills and leaks on land and water, including containment, collection, excavation, and remediation activities with 1-2 hour response time. Targets industrial and municipal clients needing urgent spill containment.
• Ship Waste Management Collection and management of ship-generated waste at the Freeport of Riga in compliance with MARPOL Convention requirements, including oil-containing waste, sewage, solid waste, and specially hazardous materials. Service is dispatched through a dedicated dispatcher service.
• Vacuum Truck Services Vacuum truck services for cleaning, maintenance, and waste collection in various systems including fuel station networks, oil depots, tanks, sewers, and industrial wastewater. Includes high-pressure washing for tank cleaning, sludge removal, contaminated liquid extraction, and sewer/pipeline cleaning.
• Environmental Remediation and Geoecological Surveys Full range of contaminated site investigation and remediation services from initial diagnostics and geoecological surveys through remediation program development to implementation, including ex-situ and in-situ treatment methods. Notable engagements include Karosta Channel remediation and sulfuric acid tar pond utilization.
• Road Transport Services Provision of the company's fleet of 24 specialized ADR-certified road transport vehicles for hazardous waste transportation, including tank trucks (6-32 m³), vacuum trucks, container carriers, dump semi-trailers, and enclosed cargo vans. Charged at 70 EUR/h for transport and 90 EUR/h for loading (excluding VAT) with minimum 3 hours rental.
• Waste Management for Auto Repair Shops Full hazardous waste management services for auto repair shops including collection of used motor oil, oil filters, absorbents, hazardous packaging, automotive glass, plastics, tires, and batteries. Bundles multiple waste streams into a single compliant service for SMB auto repair customers.
• Management of Waste Containing Asbestos and Slate Safe collection, transportation, and disposal of asbestos-containing hazardous waste using prepaid Big Bag containers with compliant handling procedures. Designed for industrial and municipal clients needing compliant asbestos disposal.

Quantifiable outcome

• 6029 tonnes of oil collected in first operational year
• +2 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Latvijas Bobsleja un skeletona federācija (LBSF)minorGTM or Marketing Partner · 5 November 2025Official sponsor for 2025/2026 season. Partnership strengthens brand visibility and supports Latvian winter sports athletes.
• Latvijas Zaļais punktscoreStrategic or Co-development Partner · 10 September 2025Strategic partnership for used motor oil collection campaigns. Latvijas Zaļais punkts is a producer responsibility organization. Joint campaign 'Nodod motoreļļu pirms tā nodod tevi!' collected 80 tonnes of used motor oil. Expanded free oil collection points throughout Latvia.
• Eco Baltia videcoreStrategic or Co-development Partner · 10 September 2025Parent group company within Eco Baltia. Co-organizer of environmental campaigns for used motor oil collection.
• Inter Cars LatvijaminorGTM or Marketing Partner · 10 September 2025Campaign partner for used motor oil collection initiative.
• MotointegratorminorGTM or Marketing Partner · 10 September 2025Platform partner for used motor oil collection campaign.
• Amserv RīgaminorGTM or Marketing Partner · 10 September 2025Auto dealership partner for used motor oil collection campaign.
• ZAAOcoreStrategic or Co-development Partner · 31 July 2025Partnership to expand free motor oil and oil filter collection points in Latvia's regions. ZAAO provides infrastructure while Oil Recovery provides collection services.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• BAUER Resources: International specialist in environmental services, contaminated site remediation, and recycling with operations across Europe. Comparable to Oil Recovery's remediation and hazardous waste service lines but at much larger scale.
• Stericycle: Provider of regulated waste management and recycling services, particularly for small-quantity generators (auto shops, fleet operators). Comparable to Oil Recovery's auto repair shop and small-fleet hazardous waste service lines.
• Clean Harbors: North American leader in hazardous waste management, environmental remediation, and emergency response. Comparable business model and service mix (used oil, MARPOL-equivalent services, 24/7 spill response, vacuum truck services), though operating at far larger scale.
• Veolia Environmental Services: Global environmental services giant operating hazardous waste treatment, industrial cleaning, and marine port reception services across Europe. Overlaps with Oil Recovery across used-oil handling, ship waste (port reception), and industrial cleaning service lines.
• Ragn-Sells: Nordic/Baltic environmental services group providing hazardous waste collection, recycling, and circular economy services across the region. Larger, multi-country incumbent competing for the same regulated industrial and municipal accounts Oil Recovery serves.
• Suez Recycling and Recovery: Major European environmental services player with hazardous waste, used oil re-refining, and circular economy operations. Comparable to Oil Recovery across hazardous waste, used oil processing, and the planned re-refining/regeneration direction.

Others

• Latvijas Zaļais punkts: Latvian producer responsibility organization coordinating packaging, electronics, and used oil collection. Strategic partner of Oil Recovery for joint used motor oil collection campaigns; comparable as an adjacent waste management stakeholder rather than a direct competitor.

Direct peers

• Getliņi EKO: Latvia's largest municipal waste management operator running the Getliņi landfill and recycling facility near Riga. Directly comparable as a Latvian-based hazardous and non-hazardous waste handler serving the same enterprise and municipal customer base.
• Eco Baltia vide: Sister company within the Eco Baltia group and a producer responsibility organization (PRO) for packaging waste in Latvia. Operates adjacent hazardous/recyclable waste streams and shares customers and parent group capital with Oil Recovery.

Regional players

• Ziemeļvidzemes atkritumu apsaimniekošanas organizācija (ZAAO): Regional waste management organization covering northern Vidzeme in Latvia. Strategic infrastructure partner providing collection sites for Oil Recovery's oil collection network; adjacent operator serving overlapping Latvian municipalities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/oil-recovery

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Oil Recovery