Archyvų Centras group enters Latvian document storage market

Archyvų Centras, which to date has operated in Estonia as Arhiivikeskus and in Lithuania as Archyvų Sistemos, has now also established operations in Latvia. The new company, Arhivu Serviss, is set to take advantage of the relatively underdeveloped Latvian document archiving and storage market and benefit from the know-how and client base of the group’s Estonian and Lithuanian companies.

LHV Capital invested in Archyvų Centras in 2008, consolidating the Estonian and Lithuanian market leaders in the document archiving and storage sector.