Latvia— LV

Company data in Latvia, by industry

Browse Latvia company directories across 56 industries — 184,370 businesses in the InfobelPRO database, registry-sourced from official Latvia business registry and enriched with firmographics, location, financials and group structure.

184,370

Registered companies

RIMI LATVIA SIA

Largest company

Other business support service activities n.e.c.

Largest sector

31th

in Europe by count

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Rankings

Largest companies in Latvia

By revenue, one row per corporate group — reported (actual) revenue, updated September 2026.

#	Company (group)	Industry	HQ	Revenue (USD)
1	RIMI LATVIA SIA	Retail sale in non-specialised stores with food, beverages or tobacco predominating	Rīga	$1.4B
2	MAXIMA Latvija SIA	Retail sale in non-specialised stores with food, beverages or tobacco predominating	Rīga	$1.3B
3	Latvenergo AS	Electric power generation, transmission and distribution	Rīga	$1.1B
4	Air Baltic Corporation AS	Passenger air transport	Mārupe	$899M
5	ELKO GRUPA AS	Wholesale of electronic and telecommunications equipment and parts	Rīga	$774M
6	Latvijas valsts mezi AS	Logging	Rīga	$701M
7	Sanitex SIA	Non-specialised wholesale trade	Ķekava	$633M
8	Circle K Latvia SIA	Retail sale of automotive fuel in specialised stores	Rīga	$608M
9	Moller Baltic Import SE	Sale of other motor vehicles	Mārupe	$606M
10	NESTE LATVIJA SIA	Retail sale of automotive fuel in specialised stores	Rīga	$519M
11	Samsung Electronics Baltics SIA	Wholesale of electrical household appliances	Rīga	$518M
12	LATVIJAS FINIERIS AS	Manufacture of veneer sheets and wood-based panels	Rīga	$486M
13	Lidl Latvija SIA	Retail sale in non-specialised stores with food, beverages or tobacco predominating	Rīga	$480M
14	VIRSI-A AS	Retail sale of automotive fuel in specialised stores	Aizkraukle	$427M
15	DMT PLUSS SIA	Retail sale of hardware, paints and glass in specialised stores	Ropaži	$408M

Top 15 of 25 · SMARTLYNX AIRLINES SIA, Mikrotikls SIA, VIADA Baltija AS, AS Dobeles Dzirnavnieks, Rigas Austrumu kliniska universitates slimnica SIA, Pirmas SIA, Augstsprieguma tikls AS, Honor Invest AS, AB CITY AS, LATRAPS LPKS follow. Methodology →

RIMI LATVIA SIA leads by reported revenue at $1.4B, the largest of 25 ranked corporate groups.

Coverage

Companies by industry

The B2B industries we cover, ranked by number of companies. Each links to the full directory.

Agriculture & agribusiness

18,170

Retail companies

17,695

Construction companies

15,582

Manufacturing companies

11,591

Real estate companies

11,059

+ 51 more industries below ↓

Agriculture & agribusiness is the most populated sector we cover, with 18,170 companies — 10% of Latvia's 184,370 registered.

Distribution

Company size & revenue

By number of employees

1–4

162,432

5–9

11,897

10–19

5,412

20–49

3,338

50–99

1,152

100–199

598

200–499

306

500–999

1000+

The 1–4 band is shown with a broken bar — it is ~14× the next band; the smaller bands are scaled against each other so they stay readable. 234 companies have no disclosed headcount (excluded).

Around 88% of companies with disclosed headcount employ fewer than five people, so the market skews heavily toward micro-enterprises.

By revenue (local currency)

1–100K

99,484

100K-499K

66,740

500K-999K

8,819

1M-4.99M

7,368

5M-9.99M

1,188

10M-49.99M

1,097

50M-99.99M

154

100M-499.99M

500M-999.99M

1B+

548 companies have no disclosed revenue (excluded from the chart).

The most common disclosed-revenue band is 1–100K, covering 54% of companies with reported revenue.

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Geography

Where Latvian companies are based

Distribution by region.

Rīga

81,188

Jelgava

5,879

Liepāja

5,509

Mārupes novads

5,384

Ogres novads

5,155

Rīga holds the largest regional share, with 62% of companies that have a disclosed region.

Group linkage

Corporate structure in Latvia

How much of the market is part of a corporate group vs independent.

15%

Part of a corporate group

85%

Independent

15% of companies belong to a corporate group; the remaining 85% operate independently.

Corporate groups

Largest corporate groups in Latvia

Latvian-headquartered groups ranked by total group entities worldwide — a measure of corporate reach.

#	Group	Group entities (worldwide)
1	Mintos AS	74
2	ELKO GRUPA AS	48
3	Sun Finance Group AS	46
4	AB CITY AS	37
5	AJ Power Holding SIA	34
6	UPB AS	29
7	TAK Capital SIA	29
8	Komanditsabiedriba Sensum Partnership KS	26
9	DMT PLUSS SIA	24
10	Liplat Holding SIA	24

Group entities = total members of the corporate family worldwide, for groups whose ultimate parent is in Latvia.

Mintos AS is the largest corporate group headquartered in Latvia, with 74 entities worldwide.

Foreign ownership

Foreign-owned vs domestic

Among Latvia's larger companies, the share ultimately controlled from abroad — and the leading countries of ownership.

53%

Foreign-owned

47%

Latvian-owned

Leading countries of ownership

Estonia

14.2%

Lithuania

9.9%

Germany

8.8%

Sweden

8.7%

Denmark

6.3%

Shares calculated on the largest companies by revenue with ownership data available, not an absolute national figure.

Estonia is the leading country of foreign ownership, at 14.2%.

FAQ

Latvia company data — frequently asked questions

There are 184,370 registered companies in Latvia across all sectors, from sole traders to large enterprises.

By reported revenue, RIMI LATVIA SIA is the largest company in Latvia, followed by MAXIMA Latvija SIA and Latvenergo AS.

Other business support service activities n.e.c., Activities of other membership organisations n.e.c., Mixed farming have the most registered companies.

You can request a free sample or access the full Latvia database, filtered by industry, size, region and revenue, via InfobelPRO.

Sourced from the Infobel DaaS database. The largest-companies ranking is consolidated at corporate-group level (one row per group) and shows reported (actual) revenue in USD; modeled figures are excluded. Distributions cover all registered companies. Industry directories use a NACE-based B2B taxonomy. Last updated September 2026.

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