Companies with biggest annual turnover
100 companies with the highest annual turnover in 2012, comparing their changes with the last three years.
Statistics include only companies having the taxation period of at least 10 months.
The statistics do not include banks, insurance companies, credit unions and investment management companies, as well as companies that have not yet submitted their annual reports.
Breakdown of the companies included in the statistics by activity types is available in a separate statistical report.
The reporting year is the year, for which the annual reports are submitted.
Administrative and territorial reform was implemented in Latvia on 01.07.2009. Therefore, it is assumed in these statistics that address of the subjects registered after the reform corresponds to the historical administrative-territorial division.
n/d - no data
Lursoft statistics from the information available in the Commercial Register for the period between 01.01.2000 and 26.04.2025.
The statistics were updated on 26.04.2025, at 00:20:40
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2011 | Against 2010 | Against 2009 |
|---|---|---|---|---|---|---|---|
| 1 | URALCHEM Trading, SIA | 46.75 | Wholesale of chemical products | 1,217,871,028.00 | 19% | 88% | 9.17 times |
| 2 | Latvenergo, Akciju sabiedrība | 35.11 | Production of electricity | 935,477,418.00 | -6% | 0% | 8% |
| 3 | ELKO GRUPA, Akciju sabiedrība | 46.51 | Wholesale of computers, computer peripheral equipment and software | 725,742,462.00 | 29% | 44% | 2.22 times |
| 4 | ORLEN Latvija, SIA | 46.71 | Wholesale of solid, liquid and gaseous fuels and related products | 695,051,645.00 | 32% | 2.39 times | 2.52 times |
| 5 | RIMI LATVIA, SIA | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 630,796,972.00 | 6% | 13% | 10% |
| 6 | Latvijas Gāze, Akciju sabiedrība | 35.22 | Distribution of gaseous fuels through mains | 608,153,586.00 | 21% | 21% | 30% |
| 7 | Circle K Latvia, SIA | 47.30 | Retail sale of automotive fuel in specialised stores | 443,997,500.00 | 12% | 9% | 20% |
| 8 | LIEPĀJAS METALURGS, Akciju sabiedrība(Dissolved 19.02.2021) | 24.10 | Manufacture of basic iron and steel and of ferro-alloys | 434,308,194.00 | 48% | 57% | 92% |
| 9 | LDZ CARGO, Sabiedrība ar ierobežotu atbildību | 49.20 | Freight rail transport | 395,887,210.00 | 7% | 37% | 29% |
| 10 | AMIC Latvia, SIA | 46.71 | Wholesale of solid, liquid and gaseous fuels and related products | 328,132,730.00 | 0% | 24% | 2.35 times |
| 11 | NESTE LATVIJA, Sabiedrība ar ierobežotu atbildību | 47.30 | Retail sale of automotive fuel in specialised stores | 298,309,704.00 | 15% | 34% | 61% |
| 12 | Sadales tīkls, Akciju sabiedrība | 35.13 | Distribution of electricity | 298,182,244.00 | -3% | 6% | 0% |
| 13 | Samsung Electronics Baltics, SIA | 46.43 | Wholesale of electrical household appliances | 275,437,328.00 | 35% | 67% | 2.26 times |
| 14 | Rīgas kuģu būvētava, Akciju sabiedrība | 30.11 | Building of ships and floating structures | 262,178,595.00 | 87% | 5.91 times | 8.63 times |
| 15 | Latvijas valsts meži, Akciju sabiedrība | 02.10 | Silviculture and other forestry activities | 253,391,534.00 | -17% | -18% | 30% |
| 16 | Latvijas dzelzceļš, Valsts akciju sabiedrība | 42.12 | Construction of railways and underground railways | 230,569,270.00 | 10% | 24% | 11% |
| 17 | ITERA Latvija, Sabiedrība ar ierobežotu atbildību | 35.23 | Trade of gas through mains | 193,761,410.00 | 22% | 86% | 79% |
| 18 | RĪGAS SILTUMS, Akciju sabiedrība | 35.30 | Steam and air conditioning supply | 189,405,537.00 | 3% | 19% | -5% |
| 19 | Tet, Sabiedrība ar ierobežotu atbildību | 61.10 | Wired telecommunications activities | 188,891,899.00 | 8% | 2% | 2% |
| 20 | LATVIJAS FINIERIS, Akciju sabiedrība | 16.21 | Manufacture of veneer sheets and wood-based panels | 179,290,434.00 | 6% | 29% | 82% |
| Number of entries | |||||||
| Total on page | 20 | ||||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2012.
- Against 2011 - Changes in the company’s turnover in 2012 as against the turnover of 2011. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2012 - turnover of 2011) / turnover of 2011) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2012 / turnover of 2011).
- Against 2010 - Changes in the company’s turnover in 2012 as against the turnover of 2010. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2012 - turnover of 2010) / turnover of 2010) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2012 / turnover of 2010).
- Against 2009 - Changes in the company’s turnover in 2012 as against the turnover of 2009. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2012 - turnover of 2009) / turnover of 2009) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2012 / turnover of 2009).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.