Companies with biggest annual turnover
100 companies with the highest annual turnover in 2005, 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 25.04.2025.
The statistics were updated on 25.04.2025, at 07:27:31
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2004 | Against 2003 | Against 2002 |
|---|---|---|---|---|---|---|---|
| 1 | ELKO GRUPA, Akciju sabiedrība | 51.84 | Wholesale of computers, computer peripheral equipment and software | 473,699,687.00 | 54% | 71% | 2.34 times |
| 2 | Latvenergo, Akciju sabiedrība | 40.11 | Production of electricity | 353,308,772.00 | 8% | 23% | 34% |
| 3 | MAXIMA Latvija, SIA | 52.11 | Retail sale in non-specialized stores with food, beverages or tobacco predominating | 330,916,366.00 | 33% | 83% | 3.53 times |
| 4 | RIMI LATVIA, SIA | 52.11 | Retail sale in non-specialized stores with food, beverages or tobacco predominating | 279,487,018.00 | 47% | 80% | 2.30 times |
| 5 | Latvijas dzelzceļš, Valsts akciju sabiedrība | 49.20 | Freight rail transport | 245,065,832.00 | 26% | 31% | 54% |
| 6 | Latvijas Mobilais Telefons, SIA | 64.20 | Telecommunications | 239,681,971.00 | 13% | 29% | 46% |
| 7 | ORLEN Latvija, SIA | 51.51 | Wholesale of solid, liquid and gaseous fuels and related products | 221,121,895.00 | 74% | n/d | n/d |
| 8 | LIEPĀJAS METALURGS, Akciju sabiedrība(Dissolved 19.02.2021) | 27.10 | Manufacture of basic iron and steel and of ferro-alloys (ECSC) | 219,542,006.00 | 5% | 67% | 2.11 times |
| 9 | NESTE LATVIJA, Sabiedrība ar ierobežotu atbildību | 50.50 | Retail sale of automotive fuel | 208,551,488.00 | 2.51 times | 2.57 times | 3.38 times |
| 10 | Circle K Latvia, SIA | 50.50 | Retail sale of automotive fuel | 207,492,301.00 | 32% | 87% | 2.64 times |
| 11 | Latvijas Gāze, Akciju sabiedrība | 40.22 | Distribution and trade of gaseous fuels through mains | 189,790,499.00 | 10% | 18% | 34% |
| 12 | Tet, Sabiedrība ar ierobežotu atbildību | 64.20 | Telecommunications | 182,892,427.00 | -1% | -7% | -11% |
| 13 | LATVIJAS FINIERIS, Akciju sabiedrība | 20.20 | Manufacture of veneer sheets; manufacture of plywood, laminboard, particle board, fibre board and other panels and boards | 145,403,992.00 | 6% | 25% | 45% |
| 14 | Tele2, Sabiedrība ar ierobežotu atbildību | 64.20 | Telecommunications | 132,585,453.00 | 17% | 49% | 77% |
| 15 | AMIC Latvia, SIA | 51.51 | Wholesale of solid, liquid and gaseous fuels and related products | 123,121,304.00 | 54% | 2.45 times | 2.46 times |
| 16 | Marcegaglia Baltics, SIA | 51.52 | Wholesale of metals and metal ores | 122,067,372.00 | -32% | 2.57 times | 3.87 times |
| 17 | Amber Latvijas balzams, AS | 15.91 | Manufacture of distilled potable alcoholic beverages | 111,686,389.00 | 28% | 58% | 64% |
| 18 | DELFA, Sabiedrība ar ierobežotu atbildību(Dissolved 06.09.2018) | 51.38 | Wholesale of other food, including fish, crustaceans and molluscs | 109,890,473.00 | 52% | 2.35 times | 4.61 times |
| 19 | NELSS, Sabiedrība ar ierobežotu atbildību(Dissolved 01.08.2013) | 52.46 | Retail sale of hardware, paints and glass | 109,433,994.00 | 22% | 46% | 71% |
| 20 | Latvijas valsts meži, Akciju sabiedrība | 02.01 | Forestry and logging | 97,861,556.00 | 5% | 50% | 2.49 times |
| Number of entries | |||||||
| Total on page | 20 | ||||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2005.
- Against 2004 - Changes in the company’s turnover in 2005 as against the turnover of 2004. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2005 - turnover of 2004) / turnover of 2004) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2005 / turnover of 2004).
- Against 2003 - Changes in the company’s turnover in 2005 as against the turnover of 2003. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2005 - turnover of 2003) / turnover of 2003) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2005 / turnover of 2003).
- Against 2002 - Changes in the company’s turnover in 2005 as against the turnover of 2002. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2005 - turnover of 2002) / turnover of 2002) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2005 / turnover of 2002).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.