UAB RNDV Statyba increased its revenue by 64% last year

Facts Jun 26, 2024

UAB RNDV Statyba increased its revenue by 64% to 18.9 million Euros in 2023. Company director Rolandas Kasperavičius notes that this year’s growth will be more moderate at about 15-20%, with revenue expected to reach 23 million Euros. “We operate in a sector with the highest quality standards, and our reputation depends on it. We must grow sustainably and focus on quality,” said Kasperavičius. RNDV operates throughout Lithuania, working with private and public clients.

Major Construction Projects

The largest projects include SBA Urban in Svencelė, Wind City in the Klaipėda district, the Kopų slėnis apartment complex in Palanga, the Aviatic MRO hangar in Šiauliai, and work at the intermodal terminal in Kaunas. RNDV Statyba installed a rolled concrete yard in Klaipėda for PET manufacturer NEO Group and built a wind farm in Anykščiai.

The company employs around 70 specialists, allowing it to pursue complex projects. Vilnius branch manager Andrius Velutis notes that the capital remains one of the most active construction zones in Lithuania. High-quality real estate is being developed in Vilnius, and RNDV Statyba maintains fixed costs until each project is completed. This distinguishes a reliable contractor, according to Velutis.

Importance of Added Value in Premium Segments

Velutis also notes that added value is especially important in the premium segment. This means not only fulfilling a client’s requirements but also considering the outcome and the building’s operation and ensuring these aspects are as convenient as possible for the client. “When a real estate developer approaches us about a project, the contractor can act in two ways. On the one hand, they can simply prepare the project and present its cost. We, on the other hand, delve deeper into the circumstances and can offer the client various solutions that are not only economical to implement but also convenient for the building’s future operation,” emphasizes the company’s representative.

Among the largest projects underway by UAB RNDV Statyba in Vilnius is the construction of a residential apartment complex in Naujamiestis, which has recently become a highly attractive location for new housing projects.

100% of UAB RNDV Statyba shares belong to RNDV Holding.

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„RNDV Statyba“ apyvartą pernai augino 64% – Verslo žinios (vz.lt)

Together with SBA Urban, we are starting the construction of the Windy Town

Facts May 29, 2024

Windy Town (Vėjo miestelis) – a long and ambitious dream of the “SBA Urban”, becoming a reality. In May we as general construction contractor started construction of the first phase together. An investment of more than €80 million in a complete town for living and active leisure on the Curonian Lagoon.

“We are starting to build a town unlike any other in Lithuania or the world. The project has been eagerly awaited by the wind community and the region as a whole, with more than 200 enquiries in the first two weeks, and the first homes already reserved. Windy Town is being built on the shores of the Curonian Lagoon, surrounded by natural surroundings, and we plan to complete the first phase by the summer of next year, which is the start of the sailing season,” says Arnas Bušmanas, the head of SBA Urban’s company Urban WIND, that is developing Windy Town.

“We are eager to start working on the Windy Town because there are only a handful of projects in Lithuania and the world with a similar concept. The project is ambitious, and the greenfield investment will create a shared and completely new infrastructure in a unique location on the Curonian Lagoon. However, our team is well prepared for it. This is not the first time we have cooperated with SBA Urban, and we have a calibrated value foundation and the same high standard of quality, which is one of the most important criteria for success,” says Rolandas Kasperavičius, the CEO of UAB “RNDV Statyba”.

According to A. Bušmanas, the first phase of the Windy Town is an important start for the entire 36-hectare site. SBA Urban plans to develop the entire project in five phases by 2031. In the first phase, public infrastructure – a park, sports fields and green spaces – will be developed alongside the residential area. In the second phase, another 36 residential units are planned to be put on the market, and in the following phases, the “city within a city” concept will be fully realised: a hotel, a co-working space, cafés, restaurants, and later spa areas and a port.

The first phase will consist of 25 individual A++ class two-storey houses, ranging from 53 to 94 m2. They are available with partial or full finishes, priced from EUR 4 600/m2. The houses are already available for reservation.

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Workplace Safety: What Practices Do Work?

Facts Apr 12, 2024

Construction sector shows positive results regarding workplace safety. The State Labour Inspectorate statistics reveals that in 2023 there were around 20% less accidents recorded at the workplace in Lithuania. Labour inspectors also note that employer’s attitude is changing – the responsible companies are increasingly applying new and modern practices to help the employees better understand the requirements of workplace safety and company’s processes towards ensuring it.

Focus on Employee Engagement

According to Vaida Intė, Head of Occupational Health and Safety at RNDV, accidents at work can be prevented by ensuring the right internal culture and clear procedures, for example, by recording the potential incidents (Near Miss). This practice is an addition to the existing requirements to investigate the workplace incidents that have already happened. Employee engagement and knowledge are very important for this practice to be effective. For this reason, RNDV fosters an internal culture of openness, employee engagement, and conducts various regular trainings. Another successful practice to prevent incidents at the workplace, as V. Intė states, is Last Minute Risk Analysis. It is a routine technical check-up in a form of specific security questions which must be carefully answered by employees before starting or continuing the work.

Special Practices in Manufacturing Sector

Ugnius Dapkūnas, Head of Sustainability at Philip Morris Lithuania, believes safety in the workplace must become a priority for everyone. “That is why we follow the behavioral principle Safety is Everywhere and involve both managers and employees in the development of work safety”, he states.

In order to create an open and engaging internal culture, Philip Morris Lithuania carries out Risk Hunting initiatives, and Stop-Think-Act informational sessions, which are aimed at developing a culture with no rush at the workplace. Reinforcement of exemplary behavior through various colleague awards and a development program of safety champions are another effective safety incentive examples. According to U. Dapkūnas, it is equally important to continuously monitor behaviors and give feedback. For this reason, the organization has implemented a behavior monitoring system at a workplace which allows reporting unsafe behavior and take necessary actions towards it.

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