AmberStone Group

AmberStone Group is a Latvian private investment group that has been active since 2013. According to its own disclosures, it has gathered 94 shareholders from 13 countries who have entrusted it with EUR 65 million. The group describes its mission as combining a smart and results-driven investment strategy with a love for work, the country and its people, and it positions itself as a hands-on owner that actively participates in the management and strategic decision-making of its portfolio companies. AmberStone Group invests through several channels: equity stakes in companies (with participation of no less than 25%), loans to companies whose shareholder is AmberStone Group, and publicly traded shares and debt securities. Its investment approach is based on backing strong professionals and businesses with the potential to compete, and then engaging energetically in governance rather than remaining a passive financial investor. The group's portfolio spans a number of sectors of the Latvian economy. Its website highlights healthcare, where it aims to provide world-class services at competitive prices; hospitality, where it argues that hotel and restaurant quality is a national calling card; agriculture, where it sees innovation becoming increasingly important; construction, which it views as a major contributor to national economic growth; wood processing, where it stresses the need for greater added value; and renewable energy, where it seeks to reduce air pollution and dependence on fossil fuels. In 2023 AmberStone Group reported consolidated profit of EUR 3.5 million, a return on equity (ROE) of 5%, and an equity ratio of 78% of total assets. The group has also been consolidating its hospitality business under a single brand, Keystone Collection, and its construction arm Pillar Contractor has carried out large-scale energy-efficiency improvement and historic interior restoration works, including at the Opera. AmberStone Group is a private company and is not listed on a stock exchange. It operates primarily in Latvia and the wider Baltic region, and its stated values are care, knowledge and a long-term commitment to the development of the companies and sectors in which it invests.

AmberStone Group has been active as an investment group since 2013. Over the years it has built a shareholder base of 94 investors from 13 countries, who have entrusted the group with EUR 65 million. The group's stated philosophy is that every euro has three tasks: to grow shareholder capital, to promote the development of the company, and to serve as a positive impulse for the entire sector. When all three are fulfilled, the group moves on to the next challenges. The group invests in private equity, providing growth financing and managing companies, as well as in securities. Its investment criteria focus on strong professionals and the potential to compete. Once convinced of a company's team, AmberStone Group invests and then actively engages in governance and strategic decision-making. By 2023 the group reported consolidated profit of EUR 3.5 million, a return on equity of 5%, and an equity ratio of 78% of total assets. Its portfolio has come to include businesses in healthcare, hospitality, agriculture, construction, wood processing and renewable energy. In hospitality, the group has moved to consolidate its operations under the Keystone Collection brand. In construction, its Pillar Contractor unit has undertaken major energy efficiency and historic restoration projects, including at the Opera. The group continues to operate as a private, Latvia-based investment group.

• 2026

  Hospitality business consolidated under the Keystone Collection brand; Pillar Contractor completes major works at the Opera.

• 2023

  Group reports consolidated profit of EUR 3.5 million, ROE of 5%, and equity ratio of 78% of total assets.

• 2013

  AmberStone Group begins operations as an investment group.

A hands-on Latvian private investment group that combines capital with active governance to develop companies and sectors, guided by care, knowledge and long-term commitment.

• Private equity investments

  Equity stakes in companies, with participation of no less than 25%.

• Corporate loans

  Loans to companies whose shareholder is AmberStone Group.

• Public securities

  Investments in publicly traded shares and debt securities.

1. 1Homeamberstone.lv
2. 2About usamberstone.lv
3. 3AmberStone Groupwikidata.org