What Does Augstsprieguma tīkls AS Do?

Total employees127
HeadquartersRīga
Founded1939

Augstsprieguma tīkls AS (AST) is the independent electricity transmission system operator of Latvia. AST ensures the secure and reliable operation of the Latvian electricity transmission system, facilitates the functioning of the electricity market, and provides opportunities for its development. The company is responsible for the transmission of electricity across Latvia through its high-voltage network, managing power flows, maintaining system balance, and developing infrastructure to meet current and future energy demands. AST plays a crucial role in the Baltic energy market integration and the synchronization of the Baltic States' power systems with the Continental European Network.

Where Is Augstsprieguma tīkls AS's Headquarters?

HQ Function

The headquarters serves as the central administrative, operational control, and strategic planning hub for Latvia's entire high-voltage electricity transmission network. Key functions include grid management, market operations, infrastructure development, financial management, and corporate governance.

Notable Features:

The headquarters includes modern office spaces and a critical National Control Centre (Dispečeru centrs) equipped with advanced SCADA systems for real-time monitoring and control of the national power grid.

Work Culture:

The work culture at AST emphasizes responsibility, precision, technical expertise, and safety, given the critical nature of ensuring national energy security. There's a strong focus on continuous improvement, innovation in grid technologies, and collaboration with national and international energy stakeholders.

HQ Significance:

The headquarters is vital for the energy security and economic stability of Latvia, as it orchestrates the flow of electricity that powers the nation. Its strategic decisions and operational management directly impact individuals, businesses, and public services.

Values Reflected in HQ: The headquarters' design and operations reflect AST's core values: reliability in energy supply, security of the national grid, professionalism in operations, and transparency in its market functions.

Location:

Augstsprieguma tīkls AS's operations are primarily focused on Latvia. However, its 'global' or rather 'international' presence is significant through its interconnection with the power grids of neighboring countries (Lithuania, Estonia, Russia, Belarus - though a desynchronization from Russia/Belarus and synchronization with Continental Europe is a key strategic project). AST actively participates in regional energy markets (Nord Pool) and collaborates extensively with European TSO organizations like ENTSO-E (European Network of Transmission System Operators for Electricity) to ensure harmonized operations, market integration, and grid security across the Baltic region and Europe.

Street Address:

Dārzciema iela 86

City:

Rīga

State/Province:

Vidzeme

Country:

Latvia

Where Else Does Augstsprieguma tīkls AS Operate Around the World?

Various locations, Latvia

Address: Regional operational centers and substations are strategically located across Latvia.

To ensure efficient grid maintenance, fault rectification, and localized operational control across Latvia's diverse regions, supporting the overall stability and reliability of the national electricity supply.

Buying Intent Signals for Augstsprieguma tīkls AS

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Augstsprieguma tīkls AS? Meet the Executive Team

As of April 2025, Augstsprieguma tīkls AS' leadership includes:

Gatis Junghāns - Chairman of the Board
Arnis Daugulis - Member of the Board
Imants Zviedris - Member of the Board
Mārcis Kauliņš - Member of the Board

Who's Investing in Augstsprieguma tīkls AS?

Augstsprieguma tīkls AS has been backed by several prominent investors over the years, including:

Republic of Latvia (represented by the Ministry of Climate and Energy)

What Leadership Changes Has Augstsprieguma tīkls AS Seen Recently?

Hire1
Exits1

In the past 12 months, Augstsprieguma tīkls AS saw a significant leadership change with the appointment of a new Chairman of the Board.

Departures

Rolands Irklis, Rolands Irklis departed from his role as Chairman of the Board of Augstsprieguma tīkls AS.

New Appointments:

Gatis Junghāns, Gatis Junghāns appointed as the new Chairman of the Board of Augstsprieguma tīkls AS.

What Technology (Tech Stack) Is Used byAugstsprieguma tīkls AS?

Discover the tools Augstsprieguma tīkls AS uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Augstsprieguma tīkls AS Email Formats and Examples

Augstsprieguma tīkls AS primarily uses the firstname.lastname@ast.lv email format for its employees. General inquiries can often be directed to a generic company email address.

firstname.lastname@ast.lv

Format

vards.uzvards@ast.lv

Example

90%

Success rate

What's the Latest News About Augstsprieguma tīkls AS?

AST.lv2024-05-28

Augstsprieguma tīkls AS news title: AST financial results for the first quarter of 2024

In the first quarter of 2024, the Latvian electricity transmission system operator Augstsprieguma tīkls AS (AST) operated with a turnover of EUR 58.7 million, which is 19% less than in the corresponding period of 2023. The Group's profit in the first three months of this year was EUR 7.2 million....more

AST.lv2024-05-02

Augstsprieguma tīkls AS news title: Gatis Junghāns takes office as Chairman of the Board of AST

On May 2, Gatis Junghāns, who was selected in a public competition, assumed the position of Chairman of the Management Board and Chief Executive Officer of Augstsprieguma tīkls AS (AST), the Latvian electricity transmission system operator....more

LSM.lv (Public Broadcasting of Latvia)2024-04-26

Augstsprieguma tīkls AS news title: Latvia to invest EUR 125 million in energy security this year

Latvia plans to invest EUR 125 million in strengthening energy security this year, with significant investments by Augstsprieguma tīkls (AST) into the transmission network, including the construction of the 'Latvia-Lithuania interconnection enhancement' and the 'Third Estonia-Latvia interconnection'....more

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