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Expansion of DNB Latvia's office space in 'Jaunā Teika': now spanning a total of 6,000 square meters.

Expansion in the past two years has led "DNB Bank ASA Latvia branch" to double its working area within "Teodo Business Center".

"DNB Bank ASA Latvia division expands footprint, nearly doubling its office area in "Teodo"...
"DNB Bank ASA Latvia division expands footprint, nearly doubling its office area in "Teodo" location due to increased operational demand over the past two years."

Expansion of DNB Latvia's office space in 'Jaunā Teika': now spanning a total of 6,000 square meters.

DNB Bank ASA Latvia Expands its Office Space in Jaunā Teika

In a response to its growth over the past two years, DNB Bank ASA Latvia branch has doubled its office space in the Teodors building at Jaunā Teika, reaching 6,000 m2. The banking giant has become the largest tenant in the district, further solidifying Jaunā Teika's position as a modern business center in Riga.

The expansion allows DNB Bank ASA Latvia to employ nearly 600 professionals in Riga's industry. Commitment to providing a modern, technologically advanced, and sustainable work environment remains a priority for the bank, with Jaunā Teika offering a suitable environment that aligns with these values.

Svetlana Kočerova, DNB Latvia branch manager, expressed her satisfaction stating, "Jaunā Teika, with its gym, cafes, shops, various services, and vibrant event life, offers something that's hard to find around other A-class office buildings. Our team, with a relatively young average age, greatly appreciates this environment."

Viktors Savins, Chairman of the Board of EfTEN Capital Latvia, highlighted the significance, "The expansion of DNB Bank ASA Latvia Branch in Jaunā Teika is proof that the district can offer more than just quality space. It is becoming the core of an infrastructure, community, and innovation ecosystem."

The expanded office space is located in one of Jaunā Teika's BREEAM-certified buildings, recognized for its high energy efficiency, low resource consumption, and modern, employee-focused solutions. The new office has been designed with an employee-centric approach, featuring spacious work areas, comfortable relaxation zones, and direct access to the advantages of the Jaunā Teika community.

DNB Bank ASA Latvia branch opened its first office in Jaunā Teika in 2018. Initially occupying approximately 3,000 m2, the office now takes up half as much, covering the 3rd, 4th, and 5th floors of the Teodors building. The expansion strengthens Jaunā Teika's appeal to large, stable, and international companies, signifying the location's strategic value in attracting such businesses.

EfTEN Capital, the real estate fund management company responsible for the development of Jaunā Teika, offers flexible solutions that cater to diverse business needs. Its modern design, energy efficiency, and strategic planning contribute to a comfortable and functional working environment that supports the district's position as one of Riga's leading innovation and entrepreneurship hubs.

  1. The expansion of DNB Bank ASA Latvia Branch in Jaunā Teika encompasses a modern, technologically advanced, and sustainable work environment, aligning with their commitment to finance and investing.
  2. The banking giant's focus on energy efficiency is reflected in their new office space, which is located in one of Jaunā Teika's BREEAM-certified buildings, promoting a more environmentally friendly business culture.
  3. The significant increase in office space has allowed DNB Bank ASA Latvia to invest in employing nearly 600 professionals in Riga's real-estate industry, contributing to the region's economic growth.
  4. In addition to its strategic location, the vibrant event life, gyms, cafes, shops, and various services offered in Jaunā Teika create an attractive hub for a largely young workforce, fostering a positive work environment and culture.
  5. The expansion of DNB Bank ASA Latvia further solidifies Jaunā Teika's position as a modern business center, attracting large, stable, and international companies due to its innovative and entrepreneurial environment.

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