Citrus Solutions
Citrus Solutions is a Latvian limited liability company (sabiedrība ar ierobežotu atbildību, SIA) entered in the Latvian Commercial Register (Komercreģistrs) on 28 June 2005 under single registration number 50003752271. Its registered office is at Dzirnavu iela 105, Rīga, LV-1011. The register carries no termination or liquidation entry, so its status is active; the identifier shown elsewhere as “LV 50003752271” is the same number with the Latvian VAT prefix. No former name was established from the sources consulted.
Its filed 2024 annual report gives the principal activity as the construction and servicing of telecommunications infrastructure for business clients, and the business lines as construction, design and maintenance, with an emphasis on design-and-build contracts and complex engineering-systems integration; its own published material adds engineering surveys, building engineering systems, data centres and external engineering networks. It has been entered in the Latvian construction merchants register since 2005 under number 0095-R with the first (highest) qualification class, has held an industrial security certificate since 2006 for work involving classified information, and is certified to ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018.
Its customers are predominantly Latvian public-sector and infrastructure bodies. The largest projects reported for 2024 were the Latvia–Russia and Latvia–Belarus border infrastructure for VAS “Valsts nekustamie īpašumi”, the Liepāja prison building for SIA “Tiesu namu aģentūra”, telecommunications network design, construction and maintenance, and facilities for the State Defence Military Objects and Procurement Centre. It operates in Latvia and maintained a representation in Germany during 2024.
It is an unlisted private company and none of its own securities is admitted to trading. For the financial year 2024 it reported audited net turnover of EUR 116,237,306 (2023, restated: EUR 62,487,948) and a loss for the year of EUR 5,624,641 (2023: profit of EUR 1,188,936), after provisions taken on the 2024 decision to scale back its German activities. The balance sheet total at 31 December 2024 was EUR 55,292,318 and the company had 358 employees at that date. In February 2025, alongside a refinancing of its external bank funding, it committed a credit line of up to EUR 8,000,000 for working capital in its German operations.
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Shareholders
1
Shareholders of Citrus Solutions SIA
The audited annual report for the financial year 2024, filed by the company, records a single member (dalībnieks): SIA Tet, registration number 40003052786, Dzirnavu iela 105, Rīga, LV-1011, Latvia, holding 100% of the share capital. The same document states that SIA Tet is the parent company and that Citrus Solutions SIA is included as a subsidiary in the consolidated annual report prepared by SIA Tet.
Share capital at 31 December 2024 was EUR 11,070,999, divided into 11,070,999 shares with a nominal value of EUR 1 each. Information date: 31 December 2024 (report signed in 2025). Citrus Solutions SIA is exempt from preparing consolidated accounts because it is itself a subsidiary of a Latvian parent that prepares consolidated accounts under IFRS.
Ultimate beneficial ownership
Tracing upwards: the Latvian state holds 51.00% of SIA Tet through SIA “Publisko aktīvu pārvaldītājs Possessor” (registration number 40003192154), the state capital-shares manager, as recorded in Possessor’s official capital-shares portfolio; the state holding is designated for privatisation under a 1998 Cabinet order. The remaining 49% is held by Tilts Communications A/S, a subsidiary of Telia Company AB; that holding is not recorded in the Latvian register open data and is stated here on the basis of Latvian state communications about the shareholding rather than a register extract. No natural person therefore appears to hold more than 25% of Citrus Solutions SIA, directly or indirectly.
The entry in the Latvian beneficial owner register (patiesie labuma guvēji) for Citrus Solutions SIA could not be retrieved and no beneficial owner is asserted here. The Register of Enterprises open-data distribution now publishes only the main entity file; the officer, member and beneficial-owner files are no longer served, and the info.ur.gov.lv portal returns no data to an automated request.
Data availability
- The record on file carried no shareholder rows at all. The 100% holding by SIA Tet above comes from the company’s own filed and audited 2024 annual report.
- The registration number in the group data on file, 40003752271, is wrong. The official Register of Enterprises entry for Citrus Solutions is 50003752271, registered 28 June 2005 at Dzirnavu iela 105, Rīga. The value displayed as “LV 50003752271” carries the correct digits behind a VAT-style prefix.
- The source attribution on file (“API-Mali — Agence pour la Promotion des Investissements au Mali”) is incorrect for this company. Citrus Solutions SIA is a Latvian company on the Latvian Commercial Register and has no recorded connection to Mali. The field has been left unchanged and reported for correction.
- No beneficial-owner register extract was obtained; no personal identity code (personas kods) or date of birth is published here.
Registry feed — rows exactly as filed with API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework), including entries the profile above does not cover.
| Shareholder | Type | Holding | Source Document |
|---|---|---|---|
| Sabiedrība ar ierobežotu atbildību "Tet" | 100% | API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) |
Officers
3
Directors and officers of Citrus Solutions SIA
The company has a two-tier governance structure: under its articles, and under the members’ meeting resolution of 11 November 2008, the company is governed by the members’ meeting (dalībnieku sapulce) and the management board (valde). The board members below are taken from the company’s audited annual report for the financial year 2024, with the dates as stated there.
| Name | Local role | From | To | Nationality |
|---|---|---|---|---|
| Dāvis Eniks | Valdes priekšsēdētājs (chairman of the management board) | 15 July 2024 | In office | Not disclosed |
| Raimonds Gerbis | Valdes loceklis (member of the management board) | 22 May 2015 | In office | Not disclosed |
| Kārlis Kostjukovs | Valdes loceklis (member of the management board) | 2 January 2019 | 10 January 2025 | Not disclosed |
Board composition over the period: two members (Kārlis Kostjukovs and Raimonds Gerbis) until 14 July 2024; three members from 15 July 2024; and two members — Dāvis Eniks as chairman and Raimonds Gerbis — as at the date the 2024 report was drawn up.
The 2024 annual report states that no board member, family member of a board member or company under a board member’s management holds shares or share options in Citrus Solutions SIA or in companies of the Tet group, and that board members have no interest in contracts or arrangements with the company.
Recent officer changes
- 15 July 2024 — Dāvis Eniks took office as valdes priekšsēdētājs, enlarging the board from two members to three.
- 10 January 2025 — Kārlis Kostjukovs ceased to be a valdes loceklis and left the company; this is also disclosed as a post-balance-sheet event.
Data availability
- The record on file stores the officers’ first and last names in the wrong fields (for example “Kostjukovs” is held as the first name), carries no appointment or resignation dates, and does not distinguish the chairman’s local title.
- The record on file spells the second board member “Raimonds Ģērbis”. The company’s filed 2024 annual report prints the name as Raimonds Gerbis, which is the spelling used above; the diacritic form could not be confirmed against a register extract.
- The record on file still lists Kārlis Kostjukovs as a serving board member. He ceased on 10 January 2025 according to the filed accounts.
- The way of acting on behalf of the company (pārstāvības tiesības) recorded in the Commercial Register was not retrieved: the Register of Enterprises no longer publishes its officer file as open data and the info.ur.gov.lv portal returns no data to an automated request. The 2024 annual report and financial statements were signed by the chairman of the board alone.
- Nationality is not recorded in any source consulted and is therefore shown as “Not disclosed”. No personal identity code (personas kods) or date of birth is published.
- The source attribution on file (“API-Mali — Agence pour la Promotion des Investissements au Mali”) is incorrect; the officer data belongs to a Latvian company on the Latvian Commercial Register.
Registry feed — rows exactly as filed with API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework), including entries the profile above does not cover.
Group Structure
Group structure of Citrus Solutions SIA
Citrus Solutions SIA is a wholly owned subsidiary within the Tet group. The relationships below are those supported by the company’s audited 2024 annual report, the Latvian Register of Enterprises open data and the Latvian state capital-shares portfolio.
| Entity | Country | Registration number | Relationship | Ownership | Information date |
|---|---|---|---|---|---|
| SIA “Publisko aktīvu pārvaldītājs Possessor” | Latvia | 40003192154 | Latvian state capital-shares manager; indirect controlling shareholder above the parent | 51.00% of SIA Tet | 2026 |
| SIA Tet | Latvia | 40003052786 | Direct parent and sole member; prepares the consolidated annual report that includes Citrus Solutions SIA | 100% of Citrus Solutions SIA | 31 December 2024 |
| Citrus Solutions SIA | Latvia | 50003752271 | Subject company | — | 31 December 2024 |
| Citrus Solutions GmbH | Germany | Not verified | Direct subsidiary; activity being wound down, completing existing projects only | 100% | 31 December 2024 |
| AS “Pirmais Slēgtais Pensiju Fonds” | Latvia | 40003448943 | Minority shareholding held in a formal capacity only; the risk and return of the fund belong to Citrus Solutions employees as pension plan members | 1.85% | 31 December 2024 |
| SIA “Lattelecom” | Latvia | 40003754567 | Separate active company registered 11 July 2005 at the same address; recorded in the data on file as a fellow group company, relationship not verified from an official source | Not verified | 2026 |
| SIA “Helio Media” | Latvia | 40103360903 | Fellow group company per the data on file; existence confirmed in the register, relationship not verified | Not verified | 2026 |
| SIA “Data Experts” | Latvia | 43603083353 | Fellow group company per the data on file; existence confirmed in the register, relationship not verified | Not verified | 2026 |
| SIA “Baltijas Datoru Akadēmija” | Latvia | 50003138501 | Fellow group company per the data on file; existence confirmed in the register, relationship not verified | Not verified | 2026 |
Outside the ownership chain, the company took part in contracting consortia: an association formed in 2022 with AS “Sensum Grupa” and Pilnsabiedrība “3A” for the Liepāja prison procurement, and two associations formed in 2022 with Citrus Solutions GmbH for fibre network construction in German municipal procurements (“Citrus Angeln” and “Citrus Gifhorn”). All three continued in 2024. These are contractual associations, not holdings.
Data availability
- Lattelecom / Tet duplication resolved. The entity at the top of the tree on file, LV 40003052786, was registered on 9 January 1992 and now bears the name Tet; this is the company formerly called Lattelecom, renamed in 2018. It is the direct 100% parent. The sibling listed as “Lattelecom SIA, LV 40003754567” is a different legal person: a separate SIA registered on 11 July 2005 that currently carries the Lattelecom name, at the same address. Both entries exist in the Commercial Register and are active, so the tree does not duplicate one entity under two names — but only 40003052786 is the parent, and the 2005 company is at most a fellow group member.
- Citrus Solutions GmbH is verified as a subsidiary but its identifier is not. The 2024 annual report confirms a 100% German subsidiary and a EUR 5.0 million investment, fully impaired in 2024, with a further EUR 7.1 million provided for its liabilities and future costs. The value on file, “DE 92224B6268”, is not a valid German register number and has been dropped rather than reproduced.
- The on-file tree places the other Latvian entities as siblings under Tet. Their existence and registration numbers are confirmed in the Register of Enterprises open data, but no official source consulted confirms that Tet owns them, and none of them is a holding of Citrus Solutions SIA.
- The on-file entry “Sia Lattelecom (Sweden, SE 5020731989)” could not be verified from any allowed source and has been left out.
- The registration number for Citrus Solutions in the group data on file, 40003752271, is wrong; the register number is 50003752271.
- The source attribution on file (“API-Mali — Agence pour la Promotion des Investissements au Mali”) is incorrect for this Latvian company and has been left unchanged for correction at source.
Tet SIA
Latvia
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Frequently Asked Questions
What does Citrus Solutions do?
Citrus Solutions SIA is a Latvian limited liability company registered in the Commercial Register on 28 June 2005 under number 50003752271, with its office at Dzirnavu iela 105, Rīga. It designs, builds and maintains engineering and telecommunications infrastructure, is entered in the construction merchants register under number 0095-R with the first (highest) qualification class, and has held an industrial security certificate since 2006.
Who owns Citrus Solutions?
The sole member is SIA Tet (Latvia, registration number 40003052786) with 100% of the share capital, which was EUR 11,070,999 at 31 December 2024. Above that, the Latvian state holds 51.00% of SIA Tet through SIA "Publisko aktīvu pārvaldītājs Possessor"; no Latvian beneficial-owner register extract was obtained and no natural person appears to hold more than 25%.
Who is Citrus Solutions's UBO (Ultimate Beneficial Owner)?
Tracing upwards: the Latvian state holds 51.00% of SIA Tet through SIA “Publisko aktīvu pārvaldītājs Possessor” (registration number 40003192154), the state capital-shares manager, as recorded in Possessor’s official capital-shares portfolio; the state holding is designated for privatisation under a 1998 Cabinet order. The remaining 49% is held by Tilts Communications A/S, a subsidiary of Telia Company AB; that holding is not recorded in the Latvian register open data and is stated here on the basis of Latvian state communications about the shareholding rather than a register extract. No natural person therefore appears to hold more than 25% of Citrus Solutions SIA, directly or indirectly. The entry in the Latvian beneficial owner register (patiesie labuma guvēji) for Citrus Solutions SIA could not be retrieved and no beneficial owner is asserted here. The Register of Enterprises open-data distribution now publishes only the main entity file; the officer, member and beneficial-owner files are no longer served, and the info.ur.gov.lv portal returns no data to an automated request.
What is Citrus Solutions's company registration number?
Citrus Solutions's registration number is 50003752271, filed with API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) in Latvia. Its current status on the register is active.
Is Citrus Solutions still an active company?
Citrus Solutions's status on API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) is listed as active.
When was Citrus Solutions incorporated?
Citrus Solutions was incorporated on 28 June 2005, according to API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework).
What is Citrus Solutions's registered address?
The registered address on file for Citrus Solutions is Latvia.
What legal structure is Citrus Solutions registered as?
Citrus Solutions is registered as a Private limited company (Ltd.) in Latvia.
What is Citrus Solutions's revenue?
For the financial year 2024 the audited accounts show net turnover of EUR 116,237,306 (2023 restated: EUR 62,487,948), of which EUR 115,561,904 from construction services, and a loss for the year of EUR 5,624,641 (2023: profit of EUR 1,188,936). The balance sheet total at 31 December 2024 was EUR 55,292,318 and the company had 358 employees at that date.
Is Citrus Solutions listed on a stock exchange?
The company is an unlisted private limited company (SIA) and none of its own securities is admitted to trading on any exchange. It is indirectly majority state-linked through its parent, in which the Latvian state holds 51.00%.
Who are the officers/directors of Citrus Solutions?
The management board consists of Dāvis Eniks, valdes priekšsēdētājs since 15 July 2024, and Raimonds Gerbis, valdes loceklis since 22 May 2015. Kārlis Kostjukovs served as valdes loceklis from 2 January 2019 until 10 January 2025. The way of acting recorded in the Commercial Register was not retrieved.
Does Citrus Solutions have a parent company or subsidiaries?
Citrus Solutions SIA is a wholly owned subsidiary of SIA Tet and itself owns 100% of Citrus Solutions GmbH in Germany, whose activity is being wound down, plus a formal 1.85% holding in AS "Pirmais Slēgtais Pensiju Fonds". The parent, registered in 1992 as Lattelecom, was renamed Tet in 2018; a separate active company registered in 2005 carries the Lattelecom name today.
Can Zavia monitor changes to Citrus Solutions's ownership over time?
This profile reflects a point-in-time snapshot from API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework). Zavia's monitoring API can track changes to Citrus Solutions's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access Citrus Solutions's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Latvia, so records like Citrus Solutions's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from API-Mali — Agence pour la Promotion des Investissements au Mali (national guichet unique; OHADA framework) and was last synced on 14 August 2026.