Linstow Baltic, the leading real estate developer in Norway and the Baltics, has selected Snabb as the new parking operator for all its properties in Riga. The contract, valued at up to €20 million, marks a major expansion for the Estonian company. Snabb will replace EuroPark and take over parking management at several key locations, including Origo, the largest shopping center in Riga.
According to Linstow Baltic’s CEO, Frode Grønvold, the company is focused on delivering seamless and modern parking solutions: “Snabb’s technology-driven approach aligns perfectly with our goal of enhancing convenience and efficiency across our properties. We believe this partnership will elevate the parking experience for both visitors and tenants.”
Snabb CEO Kustas Kõiv sees this as a significant milestone: “Contracts of this scale are uncommon in the Baltics. In Estonia, only Tallinn city and Tallinn Airport have comparable parking volumes, making this an important win for Snabb. Our strategy has always been to offer the best product, and this success confirms we’re on the right track.”
Snabb’s expansion into Riga will introduce major innovations. License plate recognition cameras will replace traditional ticket terminals, and contactless payments will be available at exits. Customers will also have more flexibility in payment methods, as Snabb partners up with major parking app in the region—Mobilly, which has over a million users. “We’re giving customers control over how they pay—whether it’s Snabb, Mobilly, or another solution. Convenience should always come first,” Kõiv added.
Under the new contract, Snabb will manage parking at Origo shopping center, Radisson Blu Latvija and Radisson Elizabete hotels, as well as multiple open-air parking areas in central Riga. Snabb has already been operating at Ülemiste Shopping Center in Estonia since January 2024, another key project in Linstow Baltic’s portfolio.
