Companies with biggest annual turnover
100 companies with the highest annual turnover in 2016, 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 24.04.2025.
The statistics were updated on 24.04.2025, at 06:12:50
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2015 | Against 2014 | Against 2013 |
|---|---|---|---|---|---|---|---|
| 1 | Uralkali Trading, SIA | 46.75 | Wholesale of chemical products | 1,795,370,783.00 | n/d | n/d | n/d |
| 2 | RIMI LATVIA, SIA | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 830,874,097.00 | 6% | 12% | 24% |
| 3 | URALCHEM Trading, SIA | 46.75 | Wholesale of chemical products | 778,394,702.00 | -31% | -31% | -31% |
| 4 | MAXIMA Latvija, SIA | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 693,791,812.00 | 1% | 3% | 3% |
| 5 | Latvenergo, Akciju sabiedrība | 35.11 | Production of electricity | 513,563,000.00 | -1% | -31% | -46% |
| 6 | ELKO GRUPA, Akciju sabiedrība | 46.51 | Wholesale of computers, computer peripheral equipment and software | 381,963,013.00 | 4% | -23% | -40% |
| 7 | Circle K Latvia, SIA | 47.30 | Retail sale of automotive fuel in specialised stores | 368,163,229.00 | 3% | -6% | -15% |
| 8 | ORLEN Latvija, SIA | 46.71 | Wholesale of solid, liquid and gaseous fuels and related products | 356,054,256.00 | -23% | -29% | -54% |
| 9 | Latvijas Gāze, Akciju sabiedrība | 35.22 | Distribution of gaseous fuels through mains | 343,792,000.00 | -23% | -32% | -40% |
| 10 | Sadales tīkls, Akciju sabiedrība | 35.13 | Distribution of electricity | 315,697,015.00 | 8% | 4% | 6% |
| 11 | Samsung Electronics Baltics, SIA | 46.43 | Wholesale of electrical household appliances | 281,016,742.00 | -4% | 7% | -3% |
| 12 | Marcegaglia Baltics, SIA | 25.61 | Treatment and coating of metals | 279,358,392.00 | 11% | 28% | 41% |
| 13 | NESTE LATVIJA, Sabiedrība ar ierobežotu atbildību | 47.30 | Retail sale of automotive fuel in specialised stores | 276,375,092.00 | -32% | -21% | -16% |
| 14 | LDZ CARGO, Sabiedrība ar ierobežotu atbildību | 49.20 | Freight rail transport | 275,526,064.00 | -17% | -25% | -24% |
| 15 | Sanitex, SIA | 46.90 | Non-specialised wholesale trade | 264,856,372.00 | 5% | 6% | 94% |
| 16 | Latvijas valsts meži, Akciju sabiedrība | 02.10 | Silviculture and other forestry activities | 256,870,417.00 | -2% | -7% | -1% |
| 17 | Air Baltic Corporation, AS | 51.10 | Passenger air transport | 249,575,885.00 | 6% | -2% | -10% |
| 18 | Mikrotīkls, Sabiedrība ar ierobežotu atbildību | 26.30 | Manufacture of communication equipment | 223,285,323.00 | 10% | 65% | 2.16 times |
| 19 | LATVIJAS FINIERIS, Akciju sabiedrība | 16.21 | Manufacture of veneer sheets and wood-based panels | 218,830,935.00 | 13% | 13% | 17% |
| 20 | Moller Baltic Import, SE | 45.11 | Sale of cars and light motor vehicles | 215,570,552.00 | 11% | 20% | 34% |
| Number of entries | |||||||
| Total on page | 20 | ||||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2016.
- Against 2015 - Changes in the company’s turnover in 2016 as against the turnover of 2015. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2016 - turnover of 2015) / turnover of 2015) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2016 / turnover of 2015).
- Against 2014 - Changes in the company’s turnover in 2016 as against the turnover of 2014. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2016 - turnover of 2014) / turnover of 2014) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2016 / turnover of 2014).
- Against 2013 - Changes in the company’s turnover in 2016 as against the turnover of 2013. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2016 - turnover of 2013) / turnover of 2013) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2016 / turnover of 2013).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.