{"id":11707,"date":"2026-06-18T11:16:11","date_gmt":"2026-06-18T08:16:11","guid":{"rendered":"https:\/\/invego.lv\/?p=11707"},"modified":"2026-06-18T11:21:03","modified_gmt":"2026-06-18T08:21:03","slug":"invego-signed-e11-million-construction-contract-of-marupes-sirds-with-sia-ekoteh-buve","status":"publish","type":"post","link":"https:\/\/invego.lv\/en\/invego-signed-e11-million-construction-contract-of-marupes-sirds-with-sia-ekoteh-buve\/","title":{"rendered":"Invego\u00a0signed\u00a0\u20ac11 Million construction\u00a0contract\u00a0of\u00a0M\u0101rupes\u00a0Sirds with\u00a0SIA \u201cEKOTEH B\u016aVE\u201d"},"content":{"rendered":"\n

Real estate developer\u00a0Invego\u00a0has signed an \u20ac11 million construction contract (\u20ac9.1 million excluding VAT) with the construction company SIA\u00a0\u201cEKOTEH B\u016aVE\u201d\u00a0to carry out\u00a0the first construction phase of the\u00a0large scale\u00a0M\u0101rupes\u00a0Sirds\u00a0residential development near Riga.\u00a0All\u00a065 new homes\u00a0of\u00a0the\u00a0first\u202fphase\u00a0will be completed next year.\u00a0The strategic financial partner of the development is\u00a0EfTEN\u00a0Special Opportunities Fund.<\/strong>\u00a0<\/p>\n\n\n\n

\u201cM\u0101rupes Sirds is an ambitious residential development, and signing this agreement marks a major milestone for the project. M\u0101rupe is one of the most desirable living areas in the region, and we are committed to creating a high\u2011quality, sustainable neighborhood that will serve families for decades to come. Partnering with SIA \u201cEKOTEH B\u016aVE\u201d ensures that the project will be delivered with the level of craftsmanship and reliability that future residents expect. The concept we have is to set people first and everything we do is with this in mind\u201d says CEO of Invego Kristjan-Thor V\u00e4hi. <\/p>\n\n\n\n

The construction contract covers a total of 50 apartments across two residential buildings, 15 row\u2011houses, recreational area and a new internal quarter road. Construction\u202fis scheduled to start in the third quarter of 2026, with the first stage completed by the end of 2027. <\/p>\n\n\n\n

\u201cWe are pleased with Invego\u2019s trust in the implementation of this ambitious project. M\u0101rupes Sirds is a modern residential district with high quality and sustainability standards that fully align with our approach to construction. The “EKOTEH B\u016aVE” team will ensure that the project is delivered within the planned timeline, maintaining high construction quality and paying special attention to energy efficiency, safety and the comfort of future residents. We are confident that together we will create a living environment that will be a source of pride both for its residents and for the entire M\u0101rupe community,\u201d says Oskars Petrovs, Chairman of the Board of SIA \u201cEKOTEH B\u016aVE\u201d. <\/p>\n\n\n\n

M\u0101rupes Sirds will be an A\u2011class energy\u2011efficient residential district designed to offer modern homes surrounded by greenery and everyday comfort. Created by architect Uldis B\u0113rzi\u0146\u0161 and the TECTUM team, the project combines warm contemporary architecture with a thoughtfully planned living environment with a lot of light and big balconies, spacious terraces, private gardens and inviting outdoor spaces. As the development progresses, the neighborhood will grow into a fully integrated district with green areas, sports and leisure zones, playgrounds, walking paths and essential community infrastructure. Once completed, M\u0101rupes Sirds will include more than 400 homes of various types, becoming one of the most notable new residential areas near Riga. <\/p>\n\n\n\n

The project is being developed by Invego Marupe Sirds SIA, which is 100% owned by Invego Marupe Sirds Holding SIA. Invego Latvia SIA (a 100% subsidiary of Invego Latvia O\u00dc) owns 50% of this holding company, while the remaining 50% is owned by the second investor, EfTEN Special Opportunities Fund. <\/p>\n\n\n\n

About SIA EKOTEH B\u016aVE<\/strong> <\/p>\n\n\n\n

SIA \u201cEKOTEH B\u016aVE\u201d is a Latvian construction company specializing in the development of residential, commercial and public buildings, providing full\u2011cycle general construction services. The company delivers projects of various scale and complexity across Latvia, with a strong focus on meeting deadlines, ensuring high construction quality and implementing sustainable solutions. The mission of SIA \u201cEKOTEH B\u016aVE\u201d is to create a safe, high\u2011quality and long\u2011lasting environment for its clients and for society as a whole. <\/p>\n\n\n\n

About Invego<\/strong>\u202f <\/p>\n\n\n\n

Invego is a next-generation real estate developer operating in three countries, specializing in large-scale residential and commercial districts built with a forward-looking, integrated urban concept. With over 10 years of experience, the Invego Group encompasses more than 60 companies across Estonia, Latvia, and Portugal, and is currently managing nearly 30 different development projects.\u202fTo date, Invego has developed over 150,000 m\u00b2 of space, including 1,500 homes and more than 50,000 m\u00b2 of commercial premises. An additional 500,000 m\u00b2 of residential and commercial real estate is currently under development.\u202f <\/p>\n\n\n\n

marupessirds.lv\u202f<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Real estate developer\u00a0Invego\u00a0has signed an \u20ac11 million construction contract (\u20ac9.1 million excluding VAT) with the construction company SIA\u00a0\u201cEKOTEH B\u016aVE\u201d\u00a0to carry out\u00a0the first construction phase of the\u00a0large scale\u00a0M\u0101rupes\u00a0Sirds\u00a0residential development near Riga.\u00a0All\u00a065 new homes\u00a0of\u00a0the\u00a0first\u202fphase\u00a0will be completed next year.\u00a0The strategic financial partner of the development is\u00a0EfTEN\u00a0Special Opportunities Fund.\u00a0 \u201cM\u0101rupes Sirds is an ambitious residential development, and signing this agreement marks a major […]","protected":false},"author":11,"featured_media":11703,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts\/11707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/comments?post=11707"}],"version-history":[{"count":6,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts\/11707\/revisions"}],"predecessor-version":[{"id":11713,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts\/11707\/revisions\/11713"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/media\/11703"}],"wp:attachment":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/media?parent=11707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/categories?post=11707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/tags?post=11707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}