History

  • 2016 - By investing 3.5 million euros, Eko Kurzeme opened a new municipal waste sorting plant, which serves the Liepaja region. This is the Eco Baltia group first waste sorting factory and the most considerable investment project in 2015.

  • 2015 - European Bank for Reconstruction and Development (EBRD) becomes an Eco Baltia minority shareholder. More than 10 million of the Bank's investment will be used to finance municipal waste sorting plant construction.

  • 2014 - Nordic Plast invests 2.5 million euros in a new modernized plant. The company's production capacity increased one and a half times and the new plant created 25 new jobs.

  • 2013 - Opening of the only high quality PET chips production facility in the Baltics - Eko PET. Eko PET plant capacity is 8.5 thousand tons of PET chips per year.

  • 2012 - Eco Baltia as the first Latvian company preparing for stock trading on the Warsaw Stock Exchange. Because of the unfavorable international financial markets and the global economic situation, the company decides to postpone the initial public offer.
  • 2011 - Management buyout aimed at active business development and geographical expansion. Decision to build first large-scale MBT plant in Latvia and carry out pan-Baltic expansion

  • 2008 - The fastest-growing waste collection business in Latvia on the back of 8 acquisitions in the segment. Modernisation of PET Baltija and Nordic Plast and creation of the most competitive recycling business in the Baltics

  • 2007 - Sale of stake in the Group to Icelandic investors. Creation of Group legal structure and further integration of business units

  • 2004 - Establishment of Eko Riga and obtaining a licence for waste collection services in Riga. Acquisition of distressed assets of Nordic Plast and subsequent major turnaround

  • 2003 - Establishment of PET Baltija, the first PET recycler in the Baltics
  • 2001 - Establishment of Eko Reverss, the first large-scale recyclables trading business in Latvia and the Baltics

  • 2000 - Establishment of Latvijas Zalais Punkts, the first waste recovery organisation system in Latvia