Dambis
AS "Dambis" is a Latvian metalworking and industrial equipment manufacturer founded in 1992, offering CNC stamping, CNC bending, welding, and custom industrial equipment fabrication to enterprise clients across telecom, electrical, networking, and defense, alongside a managed office complex rental business (Red Line).
- Company typePrivate
- Founded1992
- HeadquartersRiga, Latvia
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Dambis does
AS "Dambis" is a privately held Latvian joint-stock company founded in 1992 that operates three integrated business lines from Riga, Latvia. The core business is contract metalworking services — CNC stamping (up to 1250x2500mm sheet), CNC bending (160t press force, up to 3.0m bending length), MIG/MAG/TIG welding, cold stamping on eccentric presses (up to 100t), band saw cutting, and assembly of metal structures (conveyors, containers, tanks, and bespoke industrial fabrications) — supported by in-house design of robotic industrial equipment and a welding robot cell. Adjacent lines include custom electrical and mechanical equipment manufacturing (assembly and testing) and a long-term commercial real estate rental business centered on the "Red Line" office complex, managed since 2019 and offering premises from 370 m² with 24/7 security. The company also operates sub-brands Dambis Logistics and Dambis Security, extending the service surface beyond pure fabrication.
The customer base is enterprise-grade and horizontally diversified across telecom (Nokia since 1998), electrical equipment (Ensto Estonia), networking (MikroTik), industrial manufacturing (Gutbrod), rental equipment (TPS Rental Systems), and government/defense (Latvian Ministry of Defense partner list, NATO, MASOC membership). ISO certification has been held continuously since 2002, and the company has invested in technology modernization supported by ERDF funding (2005), referencing latest-generation CNC equipment and welding robots as differentiators. The go-to-market is direct enterprise field sales with solutions tailored to individual client specifications, supported by a multilingual (Latvian/English) website and organic presence on LinkedIn, Facebook, and Instagram.
Revenue mechanics combine one-off metalworking and equipment manufacturing contracts with a recurring real estate rental stream (Red Line) and additional recurring potential from logistics and security sub-brands. The company is currently operating, privately held, and has no disclosed parent company, subsidiaries, external investors, or funding rounds; ownership and shareholder structure are not publicly disclosed. Pricing is quote-based for fabrication contracts and negotiated individually for leases, with no publicly listed price tiers. Headcount, revenue, and contract values are not disclosed in available sources.
Dambis firmographics
Firmographics- Name
- Dambis
- Legal name
- AS "Dambis"
- Website
- https://dambis.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- AS "Dambis" is a Latvian metalworking and industrial equipment manufacturer founded in 1992, offering CNC stamping, CNC bending, welding, and custom industrial equipment fabrication to enterprise clients across telecom, electrical, networking, and defense, alongside a managed office complex rental business (Red Line).
- Ownership category
- akta.pro rank
Where Dambis is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices3 records
Markets served
Dambis business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Metalworking Services: Provides metalworking services including CNC stamping, CNC bending, welding, cutting, and assembly of metal structures for industrial clients.
- Equipment Manufacturing: Production, assembly and testing of electrical and mechanical equipment including custom industrial solutions.
- Real Estate Rental: Long-term rental of office, production and warehouse premises from 370 m², including Red Line office complex managed since 2019.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Custom rental agreements for office, production and warehouse premises |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Dambis product offering
Product offeringCore offering
Dambis (AS "Dambis") is a Latvian industrial manufacturer providing metalworking services including CNC stamping, CNC bending, MIG/MAG/TIG welding, cold stamping, and metal structure assembly. The company also produces custom electrical and mechanical equipment (conveyors, containers, tanks), and manages the Red Line office complex offering long-term rental of office, production, and warehouse premises in Riga, Latvia.
Product overview
Dambis operates as a diversified industrial services company with two core business lines: (1) Metalworking services providing CNC stamping, CNC bending, welding, cold stamping, and metal structure assembly, and (2) Real estate management through the Red Line Office complex. The company also operates subsidiary brands Dambis Logistics and Dambis Security. Metalworking projects include custom products such as textile containers, monitoring towers, bicycle storage boxes, collapsible containers, and electrical cabinets. The Red Line office complex, managed since 2019, offers rental premises from 370 m² with 24/7 security.
Differentiator
Problem solved
Functional benefit
Brands
- Dambis Metalworking: Metalworking services including CNC stamping, CNC bending, welding (MIG/MAG/TIG), cold stamping, and metal structure assembly.
- Dambis Logistics
- Dambis Security
- Red Line Biroji / Red Line Offices
Products and services
- Metalworking Services Metalworking services including CNC stamping (sheet size up to 1250x2500mm), CNC bending (press force 160t, bending length up to 3.0m), band saw cutting, MIG/MAG/TIG welding, cold stamping on eccentric presses (up to 100t force), metal structure assembly, and welding robot operations. For industrial manufacturers and OEMs requiring precision metal fabrication.
- Dambis Logistics Logistics services offered as part of Dambis' diversified operations. For businesses requiring transportation and logistics support.
- Dambis Security Security services offered as part of Dambis' diversified operations, accessible via dambissecurity.com.
- Red Line Offices Office complex managed by Dambis since 2019, offering long-term rental of office, production, and warehouse premises from 370 m². Located 10 minutes from Riga center, with gray finish, ceiling height from 3m, customizable layouts, 24/7 security, parking, and convenient public transport. For businesses seeking commercial premises in Riga, Latvia.
- Industrial Equipment Manufacturing Production, assembly and testing of electrical and mechanical equipment including custom industrial solutions such as conveyors, containers, tanks, and metal structures. For industrial manufacturers and OEMs requiring custom equipment production.
Companies that use Dambis
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Dambis technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Dambis partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- NokiacoreFinnish telecommunications company partnership established in 1998; Dambis serves as a manufacturing partner for industrial equipment; represents Dambis' first major Western European partnership that transformed the company's direction toward international cooperation
- GutbrodminorGerman industrial manufacturing company; partnership for industrial equipment manufacturing and metalworking services
- Ensto EstoniaminorEstonian electrical equipment manufacturer; partnership for electrical equipment manufacturing cooperation
- TPS Rental SystemsminorRental equipment company partnership for equipment manufacturing and rental system solutions
- MikroTikminorLatvian networking equipment manufacturer; partnership for industrial equipment manufacturing cooperation
- NATOcoreListed as a cooperation partner; included in Ministry of Defense's potential cooperation partners list as a local supplier with competence in executing contracts essential to national defense (NAF contracts)
- MASOCminorLatvian defense industry association member; included in the MASOC member database as a defense industry participant
- LattelekommminorPartnership during 1994-1995 period for FM transmitter production
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
Dambis competitors and assessment
Company assessmentBroad incumbents
- SSAB AB: Nordic steel producer and former Ruukki owner with downstream fabrication operations in building products and heavy plate — comparable as a Nordic metals and fabrication incumbent though substantially larger and more vertically integrated.
- Leax Group AB: Swedish contract manufacturer of precision industrial components for heavy vehicle, mining, and wind segments — comparable business model of contract metalworking and industrial equipment manufacturing, though at significantly larger scale.
- Normet Group Oy: Finnish designer and manufacturer of underground mining and tunneling equipment — comparable as a Nordic custom industrial equipment manufacturer serving B2B enterprise clients in heavy industry, though more specialized in mining.
- Sandvik AB: Swedish global industrial incumbent with machining and metal cutting solutions and contract manufacturing services — overlapping as a broad industrial fabrication and equipment manufacturing player, much larger and more diversified than Dambis.
Direct peers
- Weland AB: Swedish sheet metal fabricator producing industrial safety products, staircases, and grating — directly comparable contract metalworking services and custom fabrication model, though serving Nordic rather than Baltic markets.
- AS UPB: Latvian metal structures and engineering company producing steel structures, metalworking, and industrial equipment — directly comparable to Dambis's metalworking services and custom industrial equipment manufacturing within the same Latvian market.
Regional players
- AS Toode: Estonian metal roofing and rainwater systems manufacturer with sheet metal fabrication capabilities — comparable Baltic regional metalworking peer with similar customer base (construction/industrial) but operating in Estonia rather than Latvia.
- Eastnine AB: Swedish-listed Baltic real estate company focused on prime office properties in Riga and Vilnius — comparable as a peer for Dambis's Red Line office complex operations in the Riga commercial real estate market, though substantially larger and pure-play.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Dambis social profiles
Digital presenceDambis compliance and trust
Trust signalCompliance1 record
Dambis financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dambis leadership team
Management profileNumber of profiles
Profiles1 record
Dambis funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dambis 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 Dambis
What does Dambis do?
Dambis (AS "Dambis") is a Latvian industrial manufacturer providing metalworking services including CNC stamping, CNC bending, MIG/MAG/TIG welding, cold stamping, and metal structure assembly. The company also produces custom electrical and mechanical equipment (conveyors, containers, tanks), and manages the Red Line office complex offering long-term rental of office, production, and warehouse premises in Riga, Latvia.
Is Dambis a public or private company?
Dambis is a private company. It is classified as unknown and is currently operating.
When was Dambis founded?
Dambis was founded in 1992. It employs 11 to 50 people.
Where is Dambis based?
Dambis is headquartered in Riga, Latvia, in the Europe region.
How does Dambis make money?
Three revenue lines are on record. Metalworking Services are the primary driver. The others are equipment Manufacturing and real Estate Rental.
Who are Dambis's main competitors?
Broad incumbents on record are SSAB AB, Leax Group AB, Normet Group Oy and Sandvik AB. Direct peers are Weland AB and AS UPB. Regional players are AS Toode and Eastnine AB.
Does Dambis have an API?
No public API is recorded for Dambis.