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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RNDV Reports 2023 Results: Comprehensive Growth and Long-Term Value Projects

About us Mar 07, 2024

Both Team and Income Growth

Teamwork is one of our main values, and in 2023 we strategically worked towards it. During the last year, RNDV welcomed 300 new colleagues in total – from production and administration employees to project managers of various fields as well as other specialists. Today, our team has a total of 1,600 employees from 23 different countries.

Moreover, in 2023, there was a successful income growth of the whole RNDV. Compared to 2022, income increased by as much as 39% – from EUR 76 million to EUR 105.4 million. Most importantly, we had a systematic income increase in the entire RNDV group.

Counting nine years of operational experience in this field, in 2023 we grew rapidly while implementing general construction contracting projects in Lithuania. Compared to 2022 results, last year’s income in this RNDV activity grew almost twice – from EUR 11.3 million to EUR 20 million. The newly opened general construction contracting unit of RNDV in Vilnius as well as industrial construction and residential construction projects of various scales contributed strongly to this growth.

Successful Year for All RNDV activities

Last year was also fruitful in shipbuilding and ship repair. We developed long-term value electrical installation projects in Europe’s largest shipyards, successfully completed electrical installation works of a 146m mega yacht as well as completed works in four out of five ships in a long-standing military corvette project.

Furthermore, production also doubled last year: we processed 50,150 tons of metal production and participated in the construction works of as many as 18 ship hulls. We also managed to start new activities on the ships: installation and insulation of pipelines as well as painting of metal structures.

Civil and industrial construction projects came to be also very significant last year – the segment of technical insulation and cladding as well as scaffolding insulation grew by as much as 24%. The team insulated 120,000m of pipelines and 55,000m2 of floor space, assembled and dismantled over two million m3 of scaffolding.

In 2023, we paid great attention to the strategically important area of RNDV – renewable energy. The results of the projects we implemented only prove the potential of this field. Last year, our team executed one outstanding offshore project in the area of wind power – in Germany, in the North Sea, the team carried out work on a wind farm platform, which included the installation of tracks, laying the cables, closing the transitions and modifying LAN systems. Solar power projects also stand out in last year’s activities. The total capacity of the installed power plants became eight times higher than in 2022 and reached as much as 80MW. For 2024, we have even bigger ambitions – we will aim at increasing this number to 160MW. The main focus of renewable energy projects – Lithuania, Germany and France regions.

Attention to Employee Education and Work Quality

Each year, we dedicate time to quality of work as well as safety and well-being of our employees. Last year, in total 750 employees completed various training programs and so expanded their professional knowledge, whereas 561 employees completed testing and qualification evaluation. Moreover, we allocated an 85% higher investment into expanding professional knowledge of our administration employees.

RNDV is also able to ensure the highest quality of work by globally recognized certificates. Among them – integrated management system (ISO 45001, ISO 14001, ISO 9001) and other international certificates confirming environment safety and quality of work (VCA, VCU, SSVA, ISO 3834-2, DIN 2303). The whole RNDV group carries out activities and implements different scale projects on the basis of these certificates, so that we could guarantee professionalism and reliability for our partners, as well as successfully make business together leading to victories.

We signed a contract with “LIDL Lietuva” to develop a 1.60 MW solar power plant project

About us Feb 06, 2024

Two things you can never have too much of:

1. Sun, and the benefits provided by solar power plants;

2. Projects with strong, sustainable, and responsible partners.

Today, we are especially thrilled about the latter. We signed a contract with “LIDL Lietuva” to develop a project with a 1.60 MW solar power plant. In this project, RNDV will be responsible for full-scale work, from design and installation to long-term maintenance of the solar power park. This project will be installed on the new “LIDL Lietuva” Logistics Center, currently under construction in Vilnius, near Lentvaris.

As Aurimas Budrys, Head of Production at RNDV, responsible for solar energy projects, stated, the tender process was smooth, and the fact that RNDV had already worked with the customer in the past contributed to the positive result. “We felt that professionalism, detail, experience, and understanding of the client’s expectations were especially valued in the competition. We were able to strengthen all arguments, both with a strong team and with already implemented projects. The ‘know-how’ of project management accumulated over many years allows us to ensure peace of mind for our clients when projects are implemented on time and according to the plan,” – shared A. Budrys.

LIDL ranked as the most sustainable brand in Lithuania for the fourth year in a row, pays great attention to sustainability, energy savings, renewable energy sources, and reducing environmental impact. Since 2016, Lidl Lietuva has been only buying electricity from renewable energy sources and expanding its network of solar power plants.

This makes for a great collaboration, as RNDV currently builds solar power plant projects in Lithuania, France, Germany, and other European Union countries.