CONSTRUCTING A BETTER FUTURE After six decades of working in the area of civil engineering and hydraulic engineering construction in Baltic Sea harbours, Latvian company JSC BMGS is taking advantage of the fast growing construction sector in the Baltic region. Mr Ilya Rogov, the company’s purchasing and customs manager, explains the core lines of business offered by BMGS and how they differ from the competition. Vanja Švačko reports.
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ince BMGS was established in 1952, its main business focus has remained unchanged. Not long ago the company added the production of foundations and precast reinforced concrete structures to its portfolio. The key strategy for maintaining a strong market position is the continuous development of all business lines. From its several branch offices in the Baltic region, BMGS offers its expertise in the design and construc72 Industry Europe
tion of various types of structures (bridges, railway structures, ports, pile foundations etc.). It has a department for on- and offshore geological surveys and three certified mixing plants for concrete manufacture in Riga and Ventspils. The manufacturing and assembly of precast concrete structures is organised in the most efficient and cost-effective manner. Speaking about the profit hierarchy, Mr Rogov says, “Being predominantly a construction company, our main revenue
is generated within that section, whilst the design and engineering are supplementary services. The fact that we produce concrete enables us to add more value and to provide the most efficient price level on the market.”
An extended business plan During the recent financial crisis, BMGS acquired one of its daughter companies and is now fully responsible for the production of precast concrete elements. This new busi-