Skonto Būve has commenced renovation of premises of the former Albert Hotel building


Skonto Būve has commenced renovation of premises of the former Albert Hotel building at Dzirnavu Street 33 in Riga.

The hotel building has 11 floors, including two underground ones. The ground floor hosts reception and restaurant with kitchen area. The hotel rooms are located between 1st and 9th floor.

The 10th floor features a gym, conference rooms and technical premises. The total building area is 8602 m2.

The work is to be completed by the end of 2018.

Skonto Būve and SJSC "State Real Estate" Sign a Contract on Reconstruction of the Museum of the Occupation of Latvia


On 29 May 2018, Skonto Būve and SJSC "State Real Estate" signed a contract on reconstruction of the Museum of the Occupation of Latvia. Reconstruction project "House of the Future" uses ideas and sketches by architect Gunārs Birkerts. Under the new concept, the building dating back to 1970 will receive a new white annex and a glass wall, while adding modern functionality to the museum. The new, contemporary showrooms will include interactive multimedia objects.

The reconstruction of the Occupation Museum is implemented under programme "100 Addresses for Latvia's Centenary", which envisages creation of buildings that we can be proud of even after hundred years.

Skonto Būve Participates in Time Capsule Embedding for Shopping Centre Origo Expansion


On 15 May 2018, the Shopping Centre Origo expansion and business centre Origo One construction was officially opened and a time capsule for future generations was immured.


The time capsule embedding event was attended by Skonto Group President Guntis Rāvis, who addressed the attendees: "Linstow and Skonto Group have been cooperating for decades. Together we have built the first and largest shopping centres in Latvia – Dole, Galerija Centrs, Mols and Origo. And this long-term cooperation is a clear indication of the quality, stability and knowledge we offer. Areas around city stations are often worn-down, dusty and gloomy, but quality projects with professional implementation can change face of a city. Skonto Group had the pleasure of participating in the Origo construction 15 years ago, and we are happy to take on this expansion project. Every one of us can have impact on Riga's outlook, and Skonto Group proudly and happily shares its experience and knowledge and participates in projects that shape the cityscape."


With this project, the Shopping Centre Origo leasable area will increase more than twofold thanks to three lower floors allocated to retail space. The three upper floors will host the business centre Origo One with innovative class A offices. The planned investment for this impressive project is 70 million euro. The construction is to be completed by October 2019.

Skonto Būve team runs the Lattelecom Riga Marathon 2018


Skonto Būve employees have a tradition of participating in the Lattelecom Riga Marathon, and the tradition wasn't broken this year. A total of 20 Skonto Būve employees ran various races and made the company proud. Each year more and more of our athletic colleagues join the marathon and the most popular choice is the half-marathon race.

On the marathon day, our employees also wished happy birthday to Ivars Millers, the Member of the Supervisory Board of Skonto Būve.

Skonto Būve employees join the Skonto Group cycling team to take part the SEB MTB MARATHON 2018 cycling race


A total of 24 Skonto Group employees participated in the first stage Cesis–Valmiera on April 22nd. This is the first year we have enrolled and participate as a united team. Previously Skonto Group employees enrolled individually.

The 17th season of this popular cycling race takes place in seven stages in places around Latvia. It brings together families with children, work teams, amateurs and established MTB fans. Participants can choose from 4 distances in rugged terrain (forest tracks, paths, meadows and water obstacles) in the most picturesque regions of Latvia.

The next stage of the race will take place on May 6th in Smiltene.

We are confident that this will be a successful marathon season for our great team!