Companies with biggest annual turnover
100 companies with the highest annual turnover in 2019, 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 06:47:11
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2018 | Against 2017 | Against 2016 |
|---|---|---|---|---|---|---|---|
| 1 | Uralkali Trading, SIA | 46.75 | Wholesale of chemical products | 1,912,656,050.00 | -2% | -7% | 7% |
| 2 | RIMI LATVIA, SIA | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 917,200,779.00 | 3% | 5% | 10% |
| 3 | MAXIMA Latvija, SIA | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 836,727,393.00 | 8% | 16% | 21% |
| 4 | Marcegaglia Baltics, SIA | 25.61 | Treatment and coating of metals | 699,607,181.00 | 3% | 76% | 2.50 times |
| 5 | ORLEN Latvija, SIA | 46.71 | Wholesale of solid, liquid and gaseous fuels and related products | 559,955,638.00 | 0% | 21% | 57% |
| 6 | URALCHEM Trading, SIA | 46.75 | Wholesale of chemical products | 529,400,450.00 | -40% | -39% | -32% |
| 7 | Air Baltic Corporation, AS | 51.10 | Passenger air transport | 500,001,000.00 | 25% | 66% | 2.00 times |
| 8 | ELKO GRUPA, Akciju sabiedrība | 46.51 | Wholesale of computers, computer peripheral equipment and software | 473,792,898.00 | 12% | 9% | 24% |
| 9 | Latvenergo, Akciju sabiedrība | 35.11 | Production of electricity | 437,529,000.00 | 1% | -12% | -15% |
| 10 | Circle K Latvia, SIA | 47.30 | Retail sale of automotive fuel in specialised stores | 408,018,699.00 | -4% | 5% | 11% |
| 11 | Sanitex, SIA | 46.90 | Non-specialised wholesale trade | 376,080,110.00 | 10% | 24% | 42% |
| 12 | Latvijas valsts meži, Akciju sabiedrība | 02.10 | Silviculture and other forestry activities | 375,131,051.00 | 13% | 36% | 46% |
| 13 | JUPAKS, SIA | 46.21 | Wholesale of grain, unmanufactured tobacco, seeds and animal feeds | 358,475,750.00 | 92% | 2.84 times | 4.49 times |
| 14 | Samsung Electronics Baltics, SIA | 46.43 | Wholesale of electrical household appliances | 350,051,051.00 | 12% | 18% | 25% |
| 15 | NESTE LATVIJA, Sabiedrība ar ierobežotu atbildību | 47.30 | Retail sale of automotive fuel in specialised stores | 340,577,091.00 | 4% | 21% | 23% |
| 16 | Sadales tīkls, Akciju sabiedrība | 35.13 | Distribution of electricity | 320,942,000.00 | -1% | -1% | 2% |
| 17 | Moller Baltic Import, SE | 45.11 | Sale of cars and light motor vehicles | 288,326,825.00 | 6% | 23% | 34% |
| 18 | Mikrotīkls, Sabiedrība ar ierobežotu atbildību | 26.30 | Manufacture of communication equipment | 283,049,102.00 | 9% | 12% | 27% |
| 19 | Latvijas Gāze, Akciju sabiedrība | 35.23 | Trade of gas through mains | 265,995,000.00 | -11% | -6% | -23% |
| 20 | LDZ CARGO, Sabiedrība ar ierobežotu atbildību | 49.20 | Freight rail transport | 253,074,432.00 | -8% | 8% | -8% |
| Number of entries | |||||||
| Total on page | 20 | ||||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2019.
- Against 2018 - Changes in the company’s turnover in 2019 as against the turnover of 2018. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2019 - turnover of 2018) / turnover of 2018) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2019 / turnover of 2018).
- Against 2017 - Changes in the company’s turnover in 2019 as against the turnover of 2017. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2019 - turnover of 2017) / turnover of 2017) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2019 / turnover of 2017).
- Against 2016 - Changes in the company’s turnover in 2019 as against the turnover of 2016. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2019 - turnover of 2016) / turnover of 2016) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2019 / turnover of 2016).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.