State-owned companies may donate financial resources or property in accordance with the Law On Prevention of Squandering of the Financial Resources and Property of a Public Person. 

According to the Donation Strategy Latvenergo AS donates financial resourcesin the following focus areas:

  • Science and Education;
  • Culture;
  • Social Support

Social support

To expand cooperation with stakeholders and involve experts from relevant areas in the decision-making regarding donations, starting from 2018 Latvenergo AS donates funds in the social field through project tenders administered by the partner organisation. The Foundation “Ziedot.lv Fund” (Ziedot.lv) has been chosen as the cooperation partner based on the Fund’s previous experience, recognition and reputation.

Memorandum of Understanding on Social Support for Improving the Quality of Life of Society and for People with Special Needs

LatvenergoAS provides social support in the following areas:

  • Assistance to children and adults with special needs;
  • Assistance to socially disadvantaged groups.

Recipients of the donations
Registration number
Donation
Amount (EUR)
Foundation “Ziedot.lv Fund”
40008078226
Latvenergo AS social support project tender (List of the winners of the project tender in 2020)
75,000

Recipients of the donations
Registration number
Donation
Amount (EUR)
Foundation “Ziedot.lv Fund”
40008078226
Latvenergo AS social support project tender (List of the winners of the project tender in 2019)
75,000
Educational institutions of Latvia

Donation of 250 computer sets
7,421

Recipients of the donations
Registration number
Donation
Amount (EUR)
Educational institutions of Latvia

Donation of 227 computer sets
4,625
Foundation “Ziedot.lv Fund”
40008078226
Latvenergo AS social support project tender (List of the winners of the project tender in 2018)
150,000

Recipients of the donations
Registration number
Donation
Amount (EUR)
Educational institutions of Latvia

Donation of 166 computer sets  and 1 printing device
3,641
Foundation "Fonds Nāc līdzās!"
40008034471
Come Along in Christmas! charity campaign
20,000

Recipients of the donations
Registration number
Donation
Amount (EUR)
Foundation "Fonds Nāc līdzās!"
40008034471
Come Along in Christmas! charity campaign
32,000

Recipients of the donations
Registration number
Donation
Amount (EUR)
Families with 3 or more children

Support to the large family programme
109.4
Educational institutions of Latvia

Donation of 243 computer sets
4,903
Foundation "Fonds Nāc līdzās!"
40008034471
For the Come Along in Christmas! charity campaign
18,600

Recipients of the donations
Registration number
Donation
Amount (EUR)
Families with 3 or more children

Social support campaign Electricity payment cards – EUR 84.24
1,359,128.16
Families with 3 or more children

Social support campaign – compensation of 2400 kWh for large families
184,995.15
Educational institutions of Latvia

Donation of 492 computer system units and 419 monitors
12,579.61
Foundation "Fonds Nāc līdzās!"
40008034471
For the Come Along in Christmas! charity campaign
18,600

Recipients of the donations
Registration number
Donation
Amount (EUR)
Families with 3 or more children

Social support campaign – compensation of 2400 kWh for large families (LVL 79.68)
568,305.46
Foundation "Fonds Nāc līdzās!"
40008034471
For the Come Along in Christmas! charity campaign
19,920.21

Recipients of the donations
Registration number
Donation
Amount (EUR)
Latvian Association of Local and Regional Governments
40008020804
Social support campaign Electricity payment cards – LVL 53.70"
123,093.64
Families with 3 or more children

Social support campaign – compensation of 2400 kWh for large families (LVL 79.68)
645,283.24
Foundation “Ziedot.lv Fund”
40008078226
Contribution to the Ziedot foundation for purchasing computer equipment for people with reduced mobility
1,422.87
Foundation "Fonds Nāc līdzās!"
40008034471
For the Come Along in Christmas! charity campaign
21,343.08

Support for culture

To expand cooperation with stakeholders and involve experts from relevant areas in the decision-making regarding donations, for the third consecutive year Latvenergo AS has been donating funds in the area of culture through a project tender administered by the partner organisation. The State Culture Capital Foundation (SCCF) has been chosen as the cooperation partner of Latvenergo AS in the area of culture. The choice has been made by assessing the organisation’s experience in the administration of project tenders, its administrative capacity, scope of activity, recognition and reputation, and status of a public benefit organisation.

Memorandum of Understanding on Support for Nationwide Cultural Events


Recipients of the donations 
Registration number
Donation
Amount (EUR)
Public foundation “State Culture Capital Foundation”
90001688232
Support for nationwide cultural events by organising a project tender (List of the winners of the project tender in 2020)
75,000

Recipients of the donations 
Registration number
Donation
Amount (EUR)
Public foundation “State Culture Capital Foundation”
90001688232
Support for nationwide cultural events by organising a project tender (List of the winners of the project tender in 2019)
75,000
Association "Stendera biedrība"
40008056553
Support for the creation of a sculpture in memory of academician J. Stradiņš
300

Recipients of the donations 
Registration number
Donation
Amount (EUR)
Riga Municipal Monument Agency “Rīgas pieminekļu aģentūra” (Riga Monument Agency)
90001774093
To support implementation of the project on electricity supply and lighting construction for the Riga Brethren Cemetery site
100,000
Public foundation “State Culture Capital Foundation”
90001688232
Support for nationwide cultural events by organising a project tender  (List of the winners of the project tender in 2018)
150,000
Foundation "Svētku fonds"
40008141991
To support organisation of the XXVI Latvian National Song Festival and the XVI Dance Festival
100,000

Recipients of the donations 
Registration number
Donation
Amount (EUR)
Foundation "Svētku fonds"
40008141991
To support organisation of the XXVI Latvian National Song Festival and the XVI Dance Festival
200,000

Recipients of the donations 
Registration number
Donation
Amount (EUR)
Foundation "Svētku fonds"
40008141991
To support organisation of XI Latvian School Youth Song and Dance Festival
100,000

Recipients of the donations 
Registration number
Donation
Amount (EUR)
Song Festival Association
40008147829
To support organisation of the XXV Latvian National Song Festival and the XV Dance Festival
270,345.64

Support for science and education

Latvenergo Group annually implements projects contributing to development of science and education in energy, promoting engineering and technology professions and facilitating training of qualified specialists.

Latvenergo AS is providing support for organising the 3rd European Physics Olympiad to be held in Riga from 31 May to 4 June 2019. Teams from 25 to 30 countries are going to participate in the event. Members of the Academic Committee of the Olympiad, who are academics from the world’s leading universities, will also take part. The event will provide the representatives of all the participating countries with the opportunity not only to get acquainted with the Latvian academic environment, but also learn about the companies and achievements in the fields of physics and engineering, thus contributing to the international recognition of the Latvian engineering industry.

For several years, Latvenergo AS has provided support for the development of the Riga Technical University (RTU) Engineering High School and the improvement of the technical equipment of the Latvenergo creative laboratory at the RTU Faculty of Power and Electrical Engineering.

Promoting the excellence of young people in exact sciences, Latvenergo AS supports the participation of the Latvian team in the International Physics Olympiad: in Yogyakarta, Indonesia in 2017 and in Lisbon, Portugal in 2018 and in Telaliv, Israel in 2019.


Recipients of the donations
Registration number
Donation
Amount (EUR)
Foundation “Riga Technical University Development Fund”
40008067097
Support for the improvement of the Latvenergo creative laboratory at the RTU Faculty of Power and Electrical Engineering
80,082.92
RTU Engineering High School
40103765251
Support for the purchase of equipment for the optics and electronics prototyping laboratories of the RTU Engineering High School
20,279.97

Recipients of the donations
Registration number
Donation
Amount (EUR)
National Centre for Education
90009115938
Support for the participation of the Latvian team in the 50th International Physics Olympiad
8,963.92

Recipients of the donations
Registration number
Donation
Amount (EUR)
National Centre for Education
90009115938
Support for the participation of the Latvian team in the 49th International Physics Olympiad  
8,851.84
National Centre for Education
90009115938
Support for organising the 3rd European Physics Olympiad in Riga (from 31 May to 4 June 2019)
50,000
Foundation “Riga Technical University Development Fund”
40008067097
Support for the improvement of the Latvenergo creative laboratory at the RTU Faculty of Power and Electrical Engineering
25,997.10
RTU Engineering High School
40103765251
Support for the purchase of equipment for the physics, chemistry and science laboratory rooms of the RTU Engineering High School
24,929.89

Recipients of the donations
Registration number
Donation
Amount (EUR)
Foundation “Riga Technical University Development Fund”
40008067097
Support for the improvement of the technical equipment of student creative laboratory of the RTU Faculty of Power and Electrical Engineering
22,629.15
RTU Engineering High School
40103765251
Support for the RTU Engineering High School
28,130.08
National Centre for Education
90009115938
Support for the participation of the Latvian team in the 48th International Physics Olympiad
8,400

Recipients of the donations
Registration number
Donation
Amount (EUR)
RTU Engineering High School
40103765251
Support for the RTU Engineering High School
15,765.82

Recipients of the donations
Registration number
Donation
Amount (EUR)
Foundation “Riga Technical University Development Fund”
40008067097
Support for the improvement of RTU Faculty of Power and Electrical Engineering students' laboratory (for the purchase of equipment and materials)
42,189.85
RTU Engineering High School
40103765251
Support for the establishment of RTU Engineering High School
9,422.35
Secretariat of the Presidency of Latvia in the Council of the European Union
90009753598
Support for the implementation of the Latvia's EU Presidency event “Energy Union Conference”
5,000