TOP 101 - 2015
Latvia's most valuable enterprises
Discover your company’s value

TOP 2015 TOP 2014 Company name Value 2015 Value 2014 Change Turnover 2014 EBITDA 2014 CorpGov Score   Industry
56 52 4 FINANCE, AS 69.70 70.40 -1% 245.0 61.6 22 Financial services
91 64 A.C.B., AS 48.40 61.60 -21% 80.2 5.0 21 lv Construction
23 26 ABLV BANK, AS 205.80 150.60 37% 4270.1 229.7 74 lv Financial services
73 67 ADMIRĀĻU KLUBS, SIA 54.30 60.10 -10% 22.5 5.3 37 Consumer services
90 87 AGA, SIA 48.50 45.50 7% 19.9 5.0 34 Trade: energy carriers
27 23 AGROLATS HOLDING, AS 156.50 158.30 -1% 312.9 5.4 27 lv Manufacturing: consumer goods
69 75 AKG THERMOTECHNIK LETTLAND, SIA 59.50 52.80 13% 30.3 7.5 33 Manufacturing: industrial products
86 - AKSELSS, SIA 49.80 - - 164.2 5.5 8 Trade: energy carriers
47 43 AKZ, SIA 84.30 80.40 5% 60.6 11.3 32 lv Manufacturing: industrial products
28 24 ALFOR, SIA 155.90 158.10 -1% 53.5 17.8 51 Consumer services
99 44 ALPHA OSTA, SIA 45.30 79.10 -43% 13.4 1.5 26 Transport, transit, logistics
52 58 BALTCOM TV, SIA 78.10 64.90 20% 21.0 5.6 22 IT and telecommunication services
72 - BALTIC COAL TERMINAL, AS 55.00 - - 10.6 5.8 16 lv Transport, transit, logistics
50 47 BALTIC CONTAINER TERMINAL, SIA 78.80 76.60 3% 17.0 8.8 16 lv Transport, transit, logistics
84 78 BALTIC DEVON MINK, SIA 50.00 49.60 1% 15.2 4.7 13 Manufacturing: consumer goods
81 81 BALTICOVO, AS 51.40 48.00 7% 42.8 5.5 53 lv Manufacturing: consumer goods
100 90 BALTIKUMS BANK, AS 45.10 43.00 5% 625.3 51.3 64 lv Financial services
82 - BFIII LATVIA, SIA 51.40 - - 9.0 6.2 11 Real estate operations
98 85 BINDERS, CEĻU BŪVES FIRMA SIA 46.00 45.90 0% 77.8 4.6 30 lv Construction
64 - BITE LATVIJA, SIA 65.00 - - 60.8 12.5 54 IT and telecommunication services
59 61 BTA INSURANCE COMPANY, SE 67.40 63.50 6% 240.3 49.4 36 Financial services
89 96 CEĻU SATIKSMES DROŠĪBAS DIREKCIJA, VAS 48.80 39.20 24% 37.3 5.8 47 lv Other commercial services
33 27 CEMEX, SIA 131.80 137.70 -4% 86.9 14.6 40 Manufacturing: industrial products
96 83 CĒSU ALUS, AS 47.10 46.80 1% 46.9 3.5 63 Manufacturing: consumer goods
25 31 CITADELE BANKA, AS 162.30 117.70 38% 2854.6 176.7 87 Financial services
46 42 DELTA PROPERTY, SIA 84.60 82.30 3% 11.4 10.1 16 Real estate operations
43 45 DEPO DIY, SIA 93.80 78.30 20% 167.4 14.7 32 lv Trade: consumer goods
78 89 DĪKSNA, SIA 52.80 43.30 22% 11.2 6.9 16 Real estate operations
20 20 DNB, AS 229.70 189.60 21% 2362.5 254.4 78 Financial services
26 30 DROGAS, AS 159.00 126.80 25% 90.1 11.5 50 Trade: consumer goods
35 28 ELKO GRUPA, AS 116.30 137.60 -15% 972.7 11.6 21 Trade: consumer goods
67 66 EXPOBANK, AS 61.80 60.30 2% 490.4 68.0 81 Financial services
71 62 GAUJAS KOKS, SIA 56.60 63.50 -11% 55.9 7.1 29 lv Manufacturing: industrial products
68 59 GJENSIDIGE BALTIC, AAS 61.10 64.60 -5% 96.8 40.9 81 Financial services
60 - GREEN TRACE, SIA 67.30 - - 98.7 9.0 8 Trade: consumer goods
22 13 GRINDEKS, AS 211.20 249.90 -15% 88.5 2.6 91 lv Manufacturing: consumer goods
53 56 JELD-WEN LATVIJA, SIA 75.80 65.50 16% 42.0 11.5 34 Manufacturing: industrial products
62 55 JOKER LTD, SIA 65.70 65.80 0% 25.1 8.0 32 Consumer services
41 37 KNAUF, SIA 96.60 91.30 6% 54.0 13.2 33 Manufacturing: industrial products
34 36 KREISS, SIA 129.40 95.60 35% 121.1 18.1 26 lv Transport, transit, logistics
14 9 KRONOSPAN RIGA, SIA 287.50 336.20 -14% 164.0 30.8 8 Manufacturing: industrial products
77 93 LATGRAN, SIA 53.40 41.30 29% 73.4 13.2 14 Manufacturing: energy carriers
7 6 LATTELECOM, SIA 487.20 408.00 19% 188.0 69.1 94 lv IT and telecommunication services
1 1 LATVENERGO, AS 1067.80 1300.10 -18% 1010.8 234.0 90 lv Utility services
54 60 LATVIJAS ATTĪSTĪBAS FINANŠU INSTITŪCIJA ALTUM, VAS 71.30 63.60 12% 252.7 78.9 78 lv Financial services
65 57 LATVIJAS AUTOCEĻU UZTURĒTĀJS, VAS 63.30 64.90 -2% 63.8 8.0 47 lv Construction
38 32 LATVIJAS BALZAMS, AS 108.90 115.70 -6% 73.1 9.6 91 Manufacturing: consumer goods
5 5 LATVIJAS DZELZCEĻŠ, VAS 597.80 575.00 4% 440.9 80.0 35 lv Transport, transit, logistics
18 12 LATVIJAS FINIERIS, AS 260.00 273.80 -5% 194.1 35.2 32 lv Manufacturing: industrial products
58 65 LATVIJAS GAISA SATIKSME, VAS 68.30 60.60 13% 24.6 5.4 46 lv Transport, transit, logistics
6 7 LATVIJAS GĀZE, AS 549.80 385.30 43% 503.1 71.1 91 Utility services
9 10 LATVIJAS MOBILAIS TELEFONS, SIA 388.60 320.60 21% 161.2 52.8 91 IT and telecommunication services
80 99 LATVIJAS PASTS, VAS 52.00 38.30 36% 61.7 7.8 48 lv Transport, transit, logistics
3 3 LATVIJAS VALSTS MEŽI, AS 809.70 801.30 1% 275.7 113.7 61 lv Extraction of natural resources
88 79 LINSTOW, SIA 49.40 49.60 0% 6.7 5.4 41 Real estate operations
57 54 LUKOIL BALTIJA R, SIA 68.90 68.00 1% 265.9 5.7 59 Trade: energy carriers
19 14 MAXIMA LATVIJA, SIA 234.10 244.20 -4% 674.4 24.0 45 Trade: consumer goods
16 19 MIKROTĪKLS, SIA 270.30 192.70 40% 135.4 34.6 26 lv Manufacturing: industrial products
70 - NAFTIMPEKS, SIA 57.30 - - 34.4 4.4 8 Transport, transit, logistics
36 39 NESTE LATVIJA, SIA 113.30 87.50 29% 350.0 10.9 63 Trade: energy carriers
97 - NORDEA FINANCE LATVIA, SIA 46.10 - - 316.3 24.8 89 Financial services
61 - NORVIK BANKA, AS 66.50 - - 1157.1 73.8 77 Financial services
10 16 OLAINFARM, AS 324.90 220.40 47% 93.7 25.0 91 lv Manufacturing: consumer goods
29 25 OLYMPIC CASINO LATVIA, SIA 152.20 153.10 -1% 39.2 18.9 54 Consumer services
83 71 PATA AB, SIA 50.30 55.00 -9% 150.5 6.1 27 lv Manufacturing: industrial products
85 - PAULA STRADIŅA KLĪNISKĀ UNIVERSITĀTES SLIMNĪCA, VSIA 49.90 - - 83.2 4.4 45 lv Health care
75 98 PINDSTRUP LATVIA, SIA 53.60 38.50 39% 44.8 6.0 27 Extraction of natural resources
39 51 PLESKO REAL ESTATE, SIA 103.20 71.00 45% 26.7 14.8 30 Real estate operations
95 - PRIVATBANK, AS 47.30 - - 678.7 51.7 84 Financial services
94 70 RE & RE, SIA 47.50 56.60 -16% 62.8 3.4 27 lv Construction
30 35 RECIPE PLUS, AS 137.70 100.60 37% 140.6 14.2 16 lv Trade: consumer goods
13 15 RIETUMU BANKA, AS 302.50 224.90 35% 3477.8 337.6 74 lv Financial services
40 - RIGA FERTILIZER TERMINAL, SIA 99.90 - - 25.9 9.6 20 Transport, transit, logistics
48 33 RĪGAS SILTUMS, AS 80.40 109.20 -26% 173.1 14.5 66 lv Utility services
12 17 RĪGAS TIRDZNIECĪBAS OSTA, SIA 310.50 199.30 56% 226.6 32.5 19 lv Transport, transit, logistics
55 49 RĪGAS ŪDENS, SIA 70.90 72.20 -2% 42.7 13.2 47 lv Utility services
76 82 RĪGAS UNIVERSĀLAIS TERMINĀLS, SIA 53.60 47.20 14% 13.6 5.7 24 Transport, transit, logistics
17 18 RIMI LATVIA, SIA 261.80 198.80 32% 741.0 35.6 40 Trade: consumer goods
49 41 SAMSUNG ELECTRONICS BALTICS, SIA 79.20 83.80 -5% 263.2 5.9 34 Trade: consumer goods
8 8 SEB BANKA, AS 410.90 365.90 12% 3594.2 439.6 97 Financial services
42 50 SENTOR FARM APTIEKAS, AS 95.20 71.80 33% 87.3 9.2 16 lv Trade: consumer goods
44 38 SEVERSTAL DISTRIBUTION, SIA 86.80 89.20 -3% 228.2 8.0 56 Trade: industrial goods
24 22 STARPTAUTISKĀ LIDOSTA RĪGA, VAS 199.80 184.60 8% 44.9 14.3 51 lv Transport, transit, logistics
15 - STATOIL FUEL & RETAIL, SIA 276.80 - - 435.1 22.3 56 Trade: energy carriers
92 68 STORA ENSO LATVIJA, AS 48.10 58.00 -17% 61.4 4.9 52 Manufacturing: industrial products
74 86 STORA ENSO PACKAGING, SIA 54.20 45.50 19% 39.4 7.2 52 Manufacturing: industrial products
87 91 STORENT, SIA 49.40 42.40 17% 11.0 5.7 20 Other commercial services
66 74 STREK, SIA 62.10 53.60 16% 16.3 7.5 13 lv Transport, transit, logistics
2 2 SWEDBANK, AS 1056.90 848.20 25% 5071.5 1136.7 94 Financial services
21 21 TELE2 HOLDINGS, SIA 223.00 189.50 18% 115.9 30.8 54 IT and telecommunication services
79 72 TIETO LATVIA, SIA 52.50 54.00 -3% 39.7 4.6 56 IT and telecommunication services
63 63 TIRDZNIECĪBAS CENTRS PLESKODĀLE, SIA 65.10 62.30 4% 11.9 7.4 37 Real estate operations
93 73 TOLMETS, SIA 47.60 53.80 -12% 185.1 4.4 29 lv Trade: industrial goods
101 - UNICREDIT LEASING, SIA 44.10 - - 398.6 25.1 60 Financial services
51 48 UPB, AS 78.80 73.00 8% 116.4 10.6 26 lv Construction
11 11 URALCHEM TRADING, SIA 315.20 292.30 8% 1135.6 32.9 16 Trade: industrial goods
32 34 VALMIERAS STIKLA ŠĶIEDRA, AS 133.00 108.60 22% 108.4 17.5 92 Manufacturing: industrial products
31 29 VALSTS NEKUSTAMIE ĪPAŠUMI, VAS 136.70 133.30 3% 51.7 14.5 50 lv Real estate operations
37 53 VENTBUNKERS, AS 109.50 70.00 56% 54.0 11.9 26 Transport, transit, logistics
4 4 VENTSPILS NAFTA, AS 659.60 644.60 2% 161.9 52.6 71 Transport, transit, logistics
45 46 VIESNĪCA "LATVIJA", AS 85.50 76.60 12% 20.9 8.3 52 Consumer services

"(K)" placed after names of the companies indicates that a consolidated annual reports were used in preparation of the TOP.

* TOP 101 presents enterprise value, except for banks, other credit institutions and insurance companies for whome the respective colum presents equity value.

** For banks, other credit institutions and insurance companies, the column presents book value of total assets as at the end of 2014.

** For banks, other credit institutions and insurance companies, the column presents book value of shareholders' equity as at the end of 2014.

1 Consolidation includes "Ventspils nafta" termināls" Ltd., "Latrostrans" Ltd. And JSC "Latvijas Kuģniecība".

2 Turnover and normalized EBITDA for the period 01.05.2013 - 30.04.2014.

3 Consolidated financial reports were not available for the current TOP as compared to the previous year.

4 Consolidated financial reports were used in the current TOP as compared to the previous year.

5 Previously known as JSC "Severstaļlat".


Comparison between TOP101 and GDP

Read more

Distribution of the value of TOP101 companies, based on capital structure

Read more

TOP 101 value of the last company present in TOP, million EUR

Read more