Rimi Baltic has begun work on the largest project in the retail sector, which will attract investments of 75 million euros to Riga and make Latvia the centre of the logistics chain in the Baltic States.
The cornerstone for Rimi Baltic’s main logistics centre and food production plant was laid in a ceremony at A. Deglava iela 161 on March 21. The event was attended by Mayor of Riga Nils Ušakovs, Ambassador of Sweden to Latvia H.E. Mr. Henrik Landerholm and the leadership at Rimi Baltic and Rimi Latvia. Rimi Baltic has thereby begun work on the largest project in the retail sector, which will attract investments of 75 million euros to Riga and make Latvia the centre of the logistics chain in the Baltic States.
Edgar Sesemann, the chief executive officer of Rimi Baltic, says: “This is Rimi Baltic’s 20th anniversary in the Latvian and Baltic market. Beginning construction on the main logistics centre is a historic event, because it marks the beginning of the most important changes in the Latvian retail sector – the expansion and modernisation of our company. This will be Rimi Baltic’s largest project to date as well as a significant investment in the development of the regional economy. The total investments linked with this project will reach 75 million euros and will generate 600 new jobs for Riga.”
As a part of the project, the existing Rimi logistics centre and office building will be expanded, its total area growing to 10,000 square metres. The total area of the expanded warehouse and offices will be more than 90,000 square metres, which will be the largest building constructed in Latvia since 1991. This increase in space will also allow logistics service exports to increase by 150%.
By the beginning of 2017, the first two construction projects in the preparation of the area and the engineering network have already been implemented. The laying of the cornerstone now begins the next phase of preparation work, which will continue with the construction of the warehouse building in 2018.