Companies with biggest annual turnover
100 companies with the highest annual turnover in 2011, 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 00:37:43
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2010 | Against 2009 | Against 2008 |
|---|---|---|---|---|---|---|---|
| 1 | STORA ENSO LATVIJA, AS | 02.10 | Silviculture and other forestry activities | 80,083,123.00 | 13% | 2.89 times | 2.67 times |
| 2 | FIRMA MADARA 89, SIA | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 36,399,185.00 | 18% | 36% | 26% |
| 3 | 8 CBR, Sabiedrība ar ierobežotu atbildību | 42.11 | Construction of roads and motorways | 25,425,013.00 | 45% | 3.22 times | 34% |
| 4 | GRAANUL INVEST, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 12,420,543.00 | 12% | 10% | 42% |
| 5 | SMILTENE IMPEX, SIA | 16.10 | Sawmilling and planing of wood | 10,990,881.00 | 21% | 2.02 times | 2.83 times |
| 6 | PATA Strenči, Akciju sabiedrība | 02.20 | Logging | 10,984,966.00 | 1% | 60% | 62% |
| 7 | VIDZEMES ENERGOCELTNIEKS, Sabiedrība ar ierobežotu atbildību(Reorganized 29.12.2017) | 42.22 | Construction of utility projects for electricity and telecommunications | 10,312,672.00 | 48% | 50% | 16% |
| 8 | SMILTENES PIENS, Akciju sabiedrība | 10.51 | Operation of dairies and cheese making | 10,026,916.00 | 35% | 10% | 2% |
| 9 | VUDLANDE, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 9,457,442.00 | -7% | 20% | 2.49 times |
| 10 | LAUKU APGĀDS UN MELIORĀCIJA, SIA | 47.30 | Retail sale of automotive fuel in specialised stores | 8,024,099.00 | 42% | 69% | 22% |
| 11 | VĀRPAS 1, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 6,264,404.00 | 17% | 61% | 65% |
| 12 | TROLL Smiltene, Sabiedrība ar ierobežotu atbildību | 31.09 | Manufacture of other furniture | 5,164,473.00 | -8% | -2% | 1% |
| 13 | REDĪSS TOMĀTS SĪPOLS, Akciju sabiedrība(Dissolved 17.08.2020) | 49.41 | Freight transport by road | 4,927,647.00 | 16% | 2.56 times | n/d |
| 14 | PEPI RER, SIA | 22.21 | Manufacture of plastic plates, sheets, tubes and profiles | 4,511,850.00 | 27% | 66% | 50% |
| 15 | Strenču psihoneiroloģiskā slimnīca, Valsts sabiedrība ar ierobežotu atbildību | 86.10 | Hospital activities | 4,446,099.00 | -7% | 7% | -5% |
| 16 | Seda, Akciju sabiedrība | 08.92 | Extraction of peat | 4,352,292.00 | -14% | 8% | -15% |
| 17 | TĪNE, SIA | 47.30 | Retail sale of automotive fuel in specialised stores | 3,919,747.00 | -5% | -72% | -23% |
| 18 | VALKAS MELIORĀCIJA, SIA | 43.12 | Site preparation | 3,827,842.00 | 10% | 3.26 times | 27% |
| 19 | APIŅI, SIA | 02.20 | Logging | 3,792,877.00 | 23% | 56% | 39% |
| 20 | MEŽVALDE AD, SIA | 49.41 | Freight transport by road | 3,700,530.00 | 20% | 2.04 times | 29% |
| Number of entries | |||||||
| Total on page | 20 | ||||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2011.
- Against 2010 - Changes in the company’s turnover in 2011 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 2011 - 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 2011 / turnover of 2010).
- Against 2009 - Changes in the company’s turnover in 2011 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 2011 - 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 2011 / turnover of 2009).
- Against 2008 - Changes in the company’s turnover in 2011 as against the turnover of 2008. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2011 - turnover of 2008) / turnover of 2008) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2011 / turnover of 2008).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.