LVMG DEVELOPMENT SIA
About the company
The company MG DEVELOPMENT SIA (reg. no. 40203301037) was registered on 16.03.2021. Registered address: Rīga, Citadeles iela 6 - 16. Main industry: Real estate activities. In 2025, revenue was 173 867 EUR and profit 83 796 EUR. Revenue change compared with 2024: −24,0%. Employees: 1 (2025). The company is a registered VAT payer. Regmio risk score: 90 out of 100 — low risk.
Financials by year
| Year | Turnover | Net profit | Employees |
|---|---|---|---|
| 2025 | 173 867 EUR | 83 796 EUR | 1 |
| 2024 | 228 861 EUR | 444 795 EUR | 1 |
| 2023 | 198 060 EUR | 45 921 EUR | 1 |
| 2022 | 24 550 EUR | -17 451 EUR | 1 |
| 2021 | 329 EUR | -14 085 EUR | 1 |
Frequently asked questions about MG DEVELOPMENT SIA
When was MG DEVELOPMENT SIA registered?
MG DEVELOPMENT SIA was registered on 16.03.2021, registration number 40203301037.
Is MG DEVELOPMENT SIA active?
Yes, according to the register the company is active (not removed from the register).
What is the registered address of MG DEVELOPMENT SIA?
Registered address: Rīga, Citadeles iela 6 - 16.
Is MG DEVELOPMENT SIA VAT registered?
Yes, VAT number: LV40203301037. Validity for cross-border transactions can be checked in EC VIES.
What does MG DEVELOPMENT SIA do?
Main industry: Real estate activities.
What is the turnover of MG DEVELOPMENT SIA?
In 2025, revenue was 173 867 EUR.
How many employees does MG DEVELOPMENT SIA have?
Employees: 1 (2025).
Who manages and owns MG DEVELOPMENT SIA?
The registers list 1 officers and 4 owners or beneficial owners. Names and shares are in the full profile.
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- Board and authorised representatives 1
- Owners and beneficial owners 4
- Financial indicators 5
- Tax and VAT
- Legal events and restrictions
- Timeline 13
Data from official public registers · updated 12.11.2026. Data sources and disclaimer