About the companyHistory
2018 is the 25th year in the history of Velve, during which the company has transformed from what originally was a restoration society to become one of the leading construction and restoration companies in Latvia.
In 2013 Ainārs Leitēns and Igors Šenbergs are appointed the directors of Velve and develop the company's capacity in the new construction sector. These are large objects, where Velve provides full construction process management.
In 2005 Velve enters the civil engineering segment, strengthening the company position as a construction and restoration provider. Industrial and civil engineering projects are implemented across Latvia.
In 2003 utilities engineering company Moduls Rīga becomes the majority shareholder of Velve. This greatly increases the competitiveness of the company, facilitating the development of new construction services and the successful use of Moduls Rīga’s experience and specialisation in the design and construction of complex objects and the assembly of technical engineering systems.
In 1992 Velve is registered in the Register of Enterprises. Andris Kreislers becomes the head of the company. The company retains its specialisation in restoration and becomes known for complex and large projects such as the restoration of the office and guest room of the Prime Minister of Latvia, reconstruction of Jēkaba Kazarmas, renovation, restoration, and construction of the new building of Riga Graduate School of Law.
In 1989 a restoration society is established by the Latvian Culture Fund and the Latvian Chamber of Crafts.