Private company

Latvia State Radio and Television Center

Latvian state-owned telecommunications infrastructure company

The Latvian State Radio and Television Centre (Latvian: Latvijas Valsts radio un televīzijas centrs, abbreviated LVRTC) is a Latvian state-owned telecommunications infrastructure company based in Riga. The current legal entity, a state joint-stock company, was registered in Latvia on 26 June 1991.2 It employed 339 people in 2024.1 Its revenue was €25.8 million in 2023.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

Jun 26, 1991Founded1
  • Industryinternet service provider, web hosting service, wireless telecommunications activities1
  • HeadquartersRiga1
  • Websitewww.lvrtc.lv/en
  • Legal formakciju sabiedrība1

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Riga tv tower from water level
Photo: Visgean, CC-BY-SA-4.0, via Wikipedia3

The Latvian State Radio and Television Centre (Latvian: Latvijas Valsts radio un televīzijas centrs, abbreviated LVRTC) is a Latvian state-owned telecommunications infrastructure company based in Riga. The current legal entity, a state joint-stock company, was registered in Latvia on 26 June 1991.2

Corporate structure

Latvia State Radio and Television Center sits at the top of its group. 5 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Latvia State Radio and Television Center Riga
    • Latvian Mobile Telephone Stake · 23% · Riga
      • Santa Monica Networks Subsidiary · 100% · Rīga, Latvia
        • Santa Monica Networks, Limited Liability Company (Sabiedriba ar ierobezotu atbildibu "Santa Monica Networks") Subsidiary · Riga, Latvia
      • LMT Retail & Logistics Subsidiary · Latvia

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Latvia State Radio and Television Center reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

Subsidiaries and ownership

Owners

  • Ministry of Transport

Subsidiaries

From Wikidata.1

Employees over time

Latvia State Radio and Television Center employees by year1339 in 2024+28% since 2021
01002003004002021: 26526520212023: 2972972023+12%2024: 3393392024+14%
  • 20243391
  • 20232971
  • 20212651

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Latvia State Radio and Television Center revenue by year125.8M EUR in 2023+2% since 2022
010.0M EUR20.0M EUR30.0M EUR2022: 25.2M EUR25.2M EUR20222023: 25.8M EUR25.8M EUR2023+2%
  • 202325.8M EUR1
  • 202225.2M EUR1

Net income

Latvia State Radio and Television Center net income by year116.3M EUR in 2023+192% since 2022
05.0M EUR10.0M EUR15.0M EUR20.0M EUR2022: 5.6M EUR5.6M EUR20222023: 16.3M EUR16.3M EUR2023+192%
  • 202316.3M EUR1
  • 20225.6M EUR1

Timeline

  1. Jun 26, 1991Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3