History

Always move only forward

From its founding on 10 March 2011 to a holding of nine companies exporting to 30 countries.

Always move only forward!

Our history

Key milestones

  1. 2026
  2. 2025
    Oiler

    The company Oiler is founded

    SIA “OILER” was entered in the Latvian Commercial Register on 21 May 2025. The company’s field of activity is the manufacture of refined petroleum products and fossil fuel products — a new direction for the holding.

  3. 2024
  4. 2018
    ROI restaurant

    The ROI restaurant opens in Riga

    In Riga, at Skolas iela 29, the ROI restaurant opens — an ambitious brasserie where chef Jānis Zvirbulis creates his interpretation of Lyonnaise cuisine. It is the holding’s first step into the restaurant business.

  5. 2016

    The company Ricberry joins AB Holding

    The company Ricberry joins AB Holding.

  6. 2015

    Export of products in Europe

    To secure product deliveries in Europe as well, an agreement was concluded with the retail chain “Monolith”.

  7. 2014
    Octo B

    Octo B joins AB Holding

    SIA “Octo B” joins the holding — a road transport service at the Terehova border crossing, Latvia’s busiest freight border point. It provides parking, catering, hotel rooms and hygiene facilities for hauliers.

  8. 2014

    Forbes Top 5

    Products of RGK were included in the Forbes list of Top 5 most purchased products in Latvia

  9. 2013

    Structural changes

    On 31 January 2013 the entrepreneur Bislans Abdulmuslimovs increased his stake in “AB Holding” to 100% of the holding’s capital shares. Structural changes were made within “AB Holding” in order to manage the company’s core business — food production and processing — more effectively.

  10. 2012

    Award for the effective management of the company.

    In 2012 the Employers’ Confederation of Latvia (LDDK), the State Chancellery and the Ministry of Environmental Protection and Regional Development awarded our company the Effective Governance Award of the Year.

  11. 2011

    Establishement of the company

    AB Holding was founded on 10 March 2011.