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Grenardi Group is a house of jewellery brands operating the largest chain of jewellery stores in the Baltics.

Who we are

AS Grenardi Group is one of the leading jewellery retail chains in Latvia and one of the fastest-growing jewellery retailers in Baltics.

AS Grenardi Group stands for sustainable beauty, love and creativity. It is reflected in the jewellery design and carefully thought – out details in the brand’s salons and service culture.

In addition to the extensive collection of jewellery and private brands, AS Grenardi Group offers gold exchange and jewellery engraving services. To enhance customer convenience, the Group offers a split payment option as well as the opportunity to purchase gift cards.


SIA Grenardi was established. The first GRENARDI brand store was opened in Riga, Latvia


The first GRENARDI store was opened in Tallinn, Estonia


Operating several offline boutiques, GRENARDI launched its e-commerce platform


The GIVEN brand was created, and a distinction between the GIVEN and GRENARDI concepts was made


GIVEN launched its e-commerce platform


AS GIVEN Jewellery was founded, welcoming new shareholders to contribute to GIVEN's growth


AS GIVEN Jewellery issued its first bonds to support its rapid growth


GIVEN opened its first store in Vilnius, Lithuania


GIVEN merges with GRENARDI, forming the leading jewellery retail chain in the Baltics

Group Brands


Years of excellence


Stores across Baltics

18 million

2023 revenue in EUR

>120 thousand

Loyal customers


Supply partners

40 percent

FY23 to FY22 revenue growth


AS Grenardi Group specialists carefully select jewellery and create collections in cooperation with more than 100 partners in 20 countries. The long term experience and exclusive network of partners provide the widest range of jewellery available at GIVEN stores, GRENARDI salons, and online shops throughout the Baltics.

One of the Group's key strategic strengths lies in fostering collaborative partnerships with esteemed brands like Giorgio Visconti, Roberto Coin, Pomellato, Recarlo, Pasquale Bruni, Marco Bicego and others, as well as adeptly curating private label brands that reflect our commitment to excellence.
With a focus on an excellent online shopping experience, GRENARDI and GIVEN web platforms generate over 100 thousand monthly visitors.
AS Grenardi Group aims at long-time mutually beneficial collaborations - and welcomes new partners who share the common vision with us.

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and knowledge

and knowledge

The goal of AS Grenardi Group is to ensure the transparency of the materials used in our jewellery and to ensure that the working conditions under which they are produced comply with international human rights, health and safety, and environmental protection policies. We take pride in our in-depth knowledge of our products, and we encourage knowledge-sharing both within our company and in collaboration with partners.



At AS Grenardi Group, our mission is to minimize our environmental impact and promote sustainable practices across all areas of our operations. We constantly improve our energy efficiency, use only recyclable packaging and embrace circularity to promote sustainability. By adopting responsible business practices, we strive to contribute to the protection of our planet.



AS Grenardi Group implements circularity principles where it is possible. We see jewellery as a valuable investment that can be inherited from generation to generation. We offer our customers the opportunity to reuse their old or damaged jewellery pieces, take back our customers old jewellery pieces and hand them over for recycling to create new masterpieces.



Our people is what makes success of our business. AS Grenardi Group strive to empower our employees for fulfilled professional growth. We care for employees and especially about safety and health. We drive equality and non-discrimination and always provide career and development opportunities to employees who are most qualified.


Family business SIA Grenardi was established in the year 2000, and the first GRENARDI brand store was opened in Riga, Latvia. In 2018, SIA Grenardi created the GIVEN brand, distinguishing it from the GRENARDI concept. In 2020, AS GIVEN Jewellery was founded, attracting new investors as shareholders for further growth.

In 2021, AS GIVEN Jewellery issued its first secured bonds amounting to EUR 3 million to support the expansion of the GIVEN chain. In May 2022, these bonds were admitted to trading on the Nasdaq Baltic First North Market by Nasdaq Riga. In November 2023, AS GIVEN Jewellery entered into a contract to acquire 100% of the shares of the luxury jewellery retail chain SIA Grenardi and its subsidiary OÜ Grenardi Group Estonia.

AS Grenardi Group places the values of creativity and sustainability at the core of its business operations and strives for results. Today AS Grenardi Group stands as one of the largest chains of jewellery stores in the Baltics, experiencing double-digit growth annually.

Find financial reports, documentation, and read more about investment opportunities with AS Grenardi Group on our INVESTORS page.

For investors