ARENA RIGA, SIA

Name

ARENA RIGA, SIA

Legal name

SIA Arēna Rīga

Website

https://arenariga.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Entertainment Venue Services

NAICS

Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131), Promoters of Performing Arts, Sports, and Similar Events with Facilities (711310)

SIC

Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Arena & Stadium Operations (Large-Capacity Venues) (MPAGALAA)

akta.pro secondary industries

Arenas & Indoor Sports Centers (MPAKAEAB), Sports & Arena Event Venues (Stadiums, Arenas) (THAHAAAF)

Keywords

• Multi-purpose arena venue
• Event hosting services
• Corporate space rental
• VIP hospitality services
• Event catering

Headquarters

HQ city

Riga

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Event ticketing and admissions: Revenue from ticket sales for concerts, sports events, and entertainment. Tickets sold through third-party ticketing partners with the venue receiving a share of ticket revenue.
2. VIP and corporate hospitality: VIP box and lounge rentals, Business Club memberships, Betsafe Sports Bar, and premium hospitality packages for events.
3. Venue and space rental: Renting arena spaces for corporate events, conferences, private functions, and special occasions.
4. Arena Catering: Food and beverage services provided through Arena Catering for events and corporate functions.
5. Advertising and sponsorship: Advertising space placement throughout the venue, naming rights (Xiaomi Arēna brand name).

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

ARENA RIGA, SIA operates Xiaomi Arēna, a multi-purpose indoor arena in Riga, Latvia, with capacity for over 14,000 spectators. The venue hosts concerts, sports competitions, entertainment events, corporate functions, and conferences, and also offers VIP box rentals, business club memberships, on-site catering, space rental, and advertising placement services.

Product overview

ARENA RIGA, SIA operates Xiaomi Arēna as a single-venue entertainment complex offering event hosting services. The core product is the arena venue itself, which supports concerts, sports events, and entertainment. Revenue streams include ticket sales, VIP box rentals, business club memberships, on-site catering, space rental for private events, and advertising placement. The venue also features the Betsafe Sports Bar for sports viewing and hospitality.

Differentiator

Problem solved

Functional benefit

Brands

• Arena Catering: Catering services offered for events at the arena
• VIP Ložu Noma
• Biznesa Klubs
• Betsafe Sporta Bārs

Products and services

• Xiaomi Arēna Multi-purpose indoor arena venue in Riga, Latvia, with capacity for over 14,000 spectators, hosting concerts, sports events, and entertainment. Features VIP boxes, business club facilities, catering services, and space rental options.
• VIP Ložu noma (VIP Box Rental) VIP box rental service providing private luxury seating areas for corporate events, concerts, and sports games with premium amenities and exclusive access.
• Biznesa Klubs (Business Club) Business club membership offering premium seating, networking opportunities, and hospitality services for corporate clients attending events.
• Betsafe Sporta bārs (Betsafe Sports Bar) On-site sports bar providing food, beverages, and sports viewing experience within the arena complex.
• Arena Catering Catering services for events held at the arena, offering food and beverage options for various types of gatherings including corporate functions and events.
• Telpu noma (Space Rental) Rental of arena spaces and facilities for private events, conferences, exhibitions, and corporate gatherings.
• Reklāmas izvietošana (Advertising Placement) Advertising and promotional placement opportunities throughout the arena including digital displays, signage, and branding opportunities.

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• XiaomicoreGTM or Marketing PartnerXiaomi holds the naming rights for the venue, operating as Xiaomi Arēna. This is a major sponsorship/naming rights partnership that positions Xiaomi as the primary brand associated with the venue.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Žalgirio Arena: Large indoor arena in Kaunas, Lithuania (15,000+ capacity), primarily home to BC Žalgiris basketball. Competes for Baltic touring content and hosts similar concert and sporting events.
• Siemens Arena: Multi-purpose indoor arena in Vilnius, Lithuania (~15,000 capacity), hosting concerts, sports events, and entertainment. Closest geographic competitor in the Baltic market for international touring acts and regional sports fixtures.
• Tondiraba Ice Hall (Tallinn Arena): Multi-purpose indoor arena in Tallinn, Estonia (~7,000+ capacity), hosting ice hockey, concerts, and events. Competes for Baltic tour routing and regional entertainment demand.
• Avicii Arena: Iconic Stockholm arena (~13,000-16,000 capacity), previously the Ericsson Globe, hosting major concerts and events. Comparable scale arena in Northern Europe with similar multi-purpose programming.
• Malmö Arena: Multi-purpose indoor arena in Malmö, Sweden (~13,000 capacity), hosting concerts, ice hockey, and entertainment. Similar capacity tier and business model in Northern European regional market.

Regional players

• Tampere Deck Arena: Newly opened multi-purpose arena in Tampere, Finland (~13,000+ capacity), hosting ice hockey and concerts. Comparable Northern European regional arena operator with similar programming mix.

Broad incumbents

• AEG Facilities (operator network): Global arena and venue management operator (The O2 London, Mercedes-Benz Arena Berlin, etc.). Broad incumbent providing management services and competing for content/promoter relationships across multiple geographies.
• ASM Global: Major global venue management company operating hundreds of arenas, stadiums, and convention centers worldwide. Broad incumbent in venue operations with potential to enter Baltic market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/arena-riga-sia

Revenue estimate

Valuation estimate

Number of profiles

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 ARENA RIGA, SIA