A ceremonial Nasdaq Riga Bell Ringin Ceremony was held at the Ministry of Transport to mark the first trading day of LAU Infra Group shares on the Nasdaq Riga Baltic Official List.
The event was attended by the Minister for Transport of the Republic of Latvia, Rihards Kozlovskis, Chairwoman of the Management Board of Nasdaq Riga, Liene Dubava, as well as the Company's investors, business partners and representatives of public institutions.
"Today marks an important milestone in the history of Latvia's capital market and the development of state-owned enterprises. The listing of the first state-owned company on the stock exchange clearly demonstrates that state-owned enterprises can be modern, efficient and competitive. It is particularly gratifying that this milestone has been achieved by a company from the transport sector – LAU Infra Grupa AS. This is an important step forward for both the transport sector and Latvia as a whole," said Rihards Kozlovskis, Minister for Transport of the Republic of Latvia.
In his address, Vilnis Vitkovskis, Chairman of the Management Board of LAU Infra Grupa AS, emphasised that the Company's listing on the stock exchange is founded on the trust placed in it by investors.
"Our first day of trading on Nasdaq Riga marks an important milestone in LAU Infra Grupa's development. We are grateful for the trust and support shown by investors — from Latvian pension fund managers, who recognised our long-term growth potential, to retail investors, many of whom chose LAU Infra Grupa shares for their first-ever investment in the capital market. We see this trust not only as a valuable endorsement, but also as a responsibility to continue operating with transparency, delivering sustainable growth and creating long-term value for all our shareholders," said Vilnis Vitkovskis, Chairman of the Management Board of LAU Infra Group.
Following the bell ringing ceremony, LAU Infra Grupa shares are now available for trading to all investors on the Nasdaq Riga Baltic Official List, marking the beginning of the Company's new chapter as a publicly listed company.