Companies with biggest annual turnover
100 companies with the highest annual turnover in 2008, 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 05:49:13
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2007 | Against 2006 | Against 2005 |
|---|---|---|---|---|---|---|---|
| 1 | STORA ENSO LATVIJA, AS | 16.10 | Sawmilling and planing of wood | 29,965,905.00 | -18% | -17% | -16% |
| 2 | FIRMA MADARA 89, SIA | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 28,917,217.00 | 12% | 53% | 57% |
| 3 | 8 CBR, Sabiedrība ar ierobežotu atbildību | 42.11 | Construction of roads and motorways | 19,031,646.00 | -14% | -7% | 47% |
| 4 | SMILTENES PIENS, Akciju sabiedrība | 10.51 | Operation of dairies and cheese making | 9,867,747.00 | 2% | 25% | 86% |
| 5 | VIDZEMES ENERGOCELTNIEKS, Sabiedrība ar ierobežotu atbildību(Reorganized 29.12.2017) | 42.22 | Construction of utility projects for electricity and telecommunications | 8,874,353.00 | 7% | 74% | 2.04 times |
| 6 | GRAANUL INVEST, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 8,758,315.00 | 64% | 35.62 times | 683.92 times |
| 7 | METAFOR-V, Sabiedrība ar ierobežotu atbildību(Dissolved 04.06.2014) | 46.77 | Wholesale of waste and scrap | 7,343,221.00 | n/d | n/d | n/d |
| 8 | LAUKTEHNIKA, SIA(Dissolved 22.05.2014) | 46.61 | Wholesale of agricultural machinery, equipment and supplies | 7,238,599.00 | -2% | 25% | 42% |
| 9 | PATA Strenči, Akciju sabiedrība | 02.20 | Logging | 6,761,949.00 | -26% | 15% | 74% |
| 10 | LAUKU APGĀDS UN MELIORĀCIJA, SIA | 47.52 | Retail sale of hardware, paints and glass in specialised stores | 6,601,347.00 | -4% | 40% | 78% |
| 11 | Seda, Akciju sabiedrība | 08.92 | Extraction of peat | 5,149,074.00 | -33% | -37% | 77% |
| 12 | TROLL Smiltene, Sabiedrība ar ierobežotu atbildību | 31.09 | Manufacture of other furniture | 5,131,392.00 | -4% | -9% | -10% |
| 13 | TĪNE, SIA | 47.30 | Retail sale of automotive fuel in specialised stores | 5,077,784.00 | 1% | 0% | -25% |
| 14 | Strenču psihoneiroloģiskā slimnīca, Valsts sabiedrība ar ierobežotu atbildību | 86.10 | Hospital activities | 4,700,128.00 | 20% | 60% | 94% |
| 15 | RĪGAS AUTORIEPAS, Sabiedrība ar ierobežotu atbildību(Dissolved 08.01.2013) | 45.31 | Wholesale trade of motor vehicle parts and accessories | 4,629,981.00 | -17% | 7% | 46% |
| 16 | MID-LAND, Sabiedrība ar ierobežotu atbildību | 46.71 | Wholesale of solid, liquid and gaseous fuels and related products | 4,061,010.00 | 11% | 25% | 3.76 times |
| 17 | SMILTENE IMPEX, SIA | 16.10 | Sawmilling and planing of wood | 3,889,182.00 | -46% | -35% | -4% |
| 18 | VĀRPAS 1, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 3,791,384.00 | -10% | -10% | 7% |
| 19 | VUDLANDE, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 3,791,196.00 | -26% | 26% | 78% |
| 20 | VAIDENS, SIA | 16.24 | Manufacture of wooden containers | 3,432,700.00 | 2% | 20% | 41% |
| Number of entries | |||||||
| Total on page | 20 | ||||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2008.
- Against 2007 - Changes in the company’s turnover in 2008 as against the turnover of 2007. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2008 - turnover of 2007) / turnover of 2007) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2008 / turnover of 2007).
- Against 2006 - Changes in the company’s turnover in 2008 as against the turnover of 2006. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2008 - turnover of 2006) / turnover of 2006) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2008 / turnover of 2006).
- Against 2005 - Changes in the company’s turnover in 2008 as against the turnover of 2005. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2008 - turnover of 2005) / turnover of 2005) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2008 / turnover of 2005).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.