A β¬23.5 million contract for road surface restoration in Riga has been awarded to SIA "BINDERS", marking a major milestone for Latvia's urban infrastructure. The prize, which was announced in the Official Gazette S 195/2025 on October 10, 2025, comes after the capital city's water and sewer network repairs were finished.
A medium-sized Latvian operator submitted one of the two tenders that were filed during the competitive procedure. Large-scale road construction firm SIA "BINDERS", with its headquarters in Riga, has a track record of successfully completing urban infrastructure projects in Latvia, including significant resurfacing and civil engineering projects. There were no reports of subcontracting agreements.
By increasing road safety, facilitating traffic flow, and prolonging the life of city streets, the contract is anticipated to have a noticeable effect on the local economy. This project will enhance Riga's continuous efforts to modernise urban infrastructure and promote sustainable urban mobility if it is executed precisely.
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