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© 2026 Firmavis

MB Firmavis · Company code 307941710 · VAT LT100020426112 · Laisvės al. 85E-5, LT-44297 Kaunas, Lithuania · [email protected]

LVSIA "Hotel Grand Palace"

Reg. code40003378078
VATLV40003378078
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  3. SIA "Hotel Grand Palace"

SIA "Hotel Grand Palace"

LVRīga, Rīga, Latvia

  • Top 10% of its industry by revenue
  • Revenue up 4 years in a row
  • Employees growing 4 years straight
  • Profitable
  • 28 years in business
Registration code
40003378078
VAT number
LV40003378078
Address

Pils iela 12Rīga, LV-1050Latvia

Company details

Industry
Hotels and similar accommodation
NACE code
55.10
Legal form
Limited liability company (SIA)
Founded
1998 · 28 yr
Employees
58
Revenue
€2.9M
Website
grandpalaceriga.com

Contact information

2 found

Financial data

FY 2025

Source: National business registers

About the company

SIA "Hotel Grand Palace" is a Limited liability company (SIA) registered under code 40003378078. The company's registered address is in , Latvia. SIA "Hotel Grand Palace" is active in the Hotels and similar accommodation field, part of the wider segment.

In 2025, SIA "Hotel Grand Palace" generated revenue of €2.9 million, placing it in the small-business tier. SIA "Hotel Grand Palace" has recorded year-over-year revenue growth in each of the last 4 reported years, a trend in place since at least 2021. SIA "Hotel Grand Palace" maintained profitability for the reporting period.

Company facts and financials compiled from official company registers and publicly available business information, standardised and de-duplicated per country. Data last updated October 11, 2026.

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Revenue2025 · YoY
€2,929,56324.0%Up 24.0% on the previous year
Operating profit2025
€304,409
Profit before tax2025
€207,286
Net income2025
€186,763
Employees2025 · headcount
58
Rīga
Accommodation and food service activities
About our data
How we build our data
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