Rimi Baltic commences construction of a major logistics centre in Riga
Rimi Baltic has commenced construction of a retail trade industry project in Riga. This project will attract investments of EUR 75 million and make Latvia a Baltic logistical hub, as BNN was informed by the project’s representatives.
On Tuesday, 21 March, the foundation was put for Rimi Baltic’s main logistics centre and food processing factory in Riga, A.Deglava Street 161. The festive ceremony was attended by Riga Mayor Nils Ushakovs, Sweden’s ambassador to Latvia His Excellency Henrik Landerholm and the management of Rimi Baltic and Rimi Latvia.
Rimi Baltic Chairman Edgar Sesemann comments: «This is the 20th jubilee year for Rimi Baltic in Latvia and Baltic States. Commencement of construction of the main logistics centre is a historical event, because here we celebrate the beginning of important changes in Latvia’s retail trade industry – expansion and modernization of our company. It will be Rimi Baltic’s biggest project so far. It will also prove to be an important investment into the development of the region’s national economy. The total investment amount in this project reaches EUR 75 million.»
The project will expand Rimi’s existing logistics centre and office building – its area will reach 10,000 m2. The total area of the expanded warehouse and office space will exceed 90,000 m2. It will be the largest building ever built in the history of independent Latvia. Increase of space also means 150% climb for exports of logistical services, the project’s authors explain.
Rimi Latvia chairman Valdis Turlais explains that construction of a main logistics centre and centralization of all logistics will likely double the inflow of logistics and expand Latvia’s exporting capabilities. «It is an important step for Riga to become a Baltic regional business centre,» Turlais added.
Depo projekts is the author of Rimi logistics centre and office expansion project. This enormous project is divided into seven separate construction projects. All of them are planned to be completed in 2020.