Companies with biggest annual turnover
100 companies with the highest annual turnover in 2000, 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 before the reform corresponds to the new 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 13.03.2025.
The statistics were updated on 13.03.2025, at 18:10:50
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 1999 | Against 1998 | Against 1997 |
|---|---|---|---|---|---|---|---|
| 1 | VENCEB, Akciju sabiedrība(Dissolved 04.10.2016) | 45.24 | Construction of water projects | 36,883,750.00 | 53% | 47% | 35% |
| 2 | Air Baltic Corporation, AS | 62.10 | Scheduled air transport | 35,456,543.00 | 10% | 10% | 17% |
| 3 | Latvijas Pasts, Valsts akciju sabiedrība | 64.11 | National post activities | 30,974,067.00 | 12% | 38% | 2.54 times |
| 4 | Siemens, SIA(Reorganized 12.10.2009) | 51.65 | Wholesale of other machinery for use in industry, trade and navigation | 23,146,025.00 | 63% | 2.76 times | 5.22 times |
| 5 | ALSO Latvia, SIA | 51.64 | Wholesale of office machinery and equipment | 20,589,768.00 | 33% | 45% | 2.87 times |
| 6 | Latvijas gaisa satiksme, Valsts akciju sabiedrība | 63.23 | Other supporting air transport activities | 13,116,707.00 | -2% | -5% | -1% |
| 7 | PHILIPS BALTIC, Sabiedrība ar ierobežotu atbildību | 51.43 | Wholesale of electrical household appliances and radio and television goods | 11,875,524.00 | -12% | -26% | 53% |
| 8 | STARPTAUTISKĀ LIDOSTA "RĪGA", Valsts akciju sabiedrība | 63.23 | Other supporting air transport activities | 11,115,280.00 | 2% | 6% | 17% |
| 9 | WESS, Akciju sabiedrība | 50.10 | Sale of motor vehicles | 7,831,578.00 | 29% | -19% | 7% |
| 10 | Orkla Foods Latvija, Sabiedrība ar ierobežotu atbildību | 15.87 | Manufacture of condiments and seasonings | 7,775,215.00 | -2% | 0% | 63% |
| 11 | UNISON TRADING, Sabiedrība ar ierobežotu atbildību(Dissolved 17.09.2014) | 51.70 | Other wholesale | 7,604,661.00 | 29% | 53% | 3.00 times |
| 12 | Gulfstream Oil, SIA | 51.51 | Wholesale of solid, liquid and gaseous fuels and related products | 4,746,833.00 | 59% | 85% | 78% |
| 13 | DHL Express Latvia, SIA | 63.40 | Activities of other transport agencies | 4,278,008.00 | 49% | 30% | 98% |
| 14 | SMARTLYNX AIRLINES, SIA | 62.20 | Non-scheduled air transport | 3,738,069.00 | 27% | 11% | 41% |
| 15 | ROTA un K, Sabiedrība ar ierobežotu atbildību(Dissolved 24.05.2010) | 52.45 | Retail sale of electrical household appliances and radio and television goods | 3,645,496.00 | 40% | 78% | 3.39 times |
| 16 | SCHUCO LATVIJA, Sabiedrība ar ierobežotu atbildību | 51.53 | Wholesale of wood, construction materials and sanitary equipment | 3,372,562.00 | 28% | 45% | 2.28 times |
| 17 | Silverstar, Sabiedrība ar ierobežotu atbildību(Dissolved 15.01.2018) | 50.30 | Sale of motor vehicle parts and accessories | 3,357,972.00 | 11.28 times | n/d | n/d |
| 18 | Admirāļu klubs, SIA(Reorganized 21.12.2023) | 92.71 | Gambling and betting activities | 3,264,721.00 | 5% | -2% | -4% |
| 19 | SABIEDRĪBA MĀRUPE, SIA | 01.30 | Growing of crops combined with farming of animals (mixed farming) | 3,216,759.00 | 12% | 8% | -4% |
| 20 | WESS Motors, Akciju sabiedrība | 46.43 | Wholesale of electrical household appliances | 3,053,615.00 | -16% | -18% | 54% |
| Number of entries | |||||||
| Total on page | 20 | ||||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2000.
- Against 1999 - Changes in the company’s turnover in 2000 as against the turnover of 1999. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2000 - turnover of 1999) / turnover of 1999) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2000 / turnover of 1999).
- Against 1998 - Changes in the company’s turnover in 2000 as against the turnover of 1998. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2000 - turnover of 1998) / turnover of 1998) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2000 / turnover of 1998).
- Against 1997 - Changes in the company’s turnover in 2000 as against the turnover of 1997. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2000 - turnover of 1997) / turnover of 1997) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2000 / turnover of 1997).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.