List of companies of Latvia

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Location of Latvia

Latvia is a country in the Baltic region of Northern Europe, one of the three Baltic states.[1] Latvia is a democratic and developed country and member of the European Union, NATO, the Council of Europe, the United Nations, CBSS, the IMF, NB8, NIB, OECD, OSCE, and WTO. For 2014, Latvia was listed 46th on the Human Development Index and as a high income country on 1 July 2014.[2][3] It used the Latvian lats as its currency until it was replaced by the euro on 1 January 2014.[4]

For further information on the types of business entities in this country and their abbreviations, see "Business entities in Latvia".

Notable firms[edit]

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
ABLV Bank Financials Banks Riga 1993 Private bank
Aerodium Latvia Industrials Industrial machinery Sigulda 2004[5] Wind tunnels
AirBaltic Consumer services Airlines Riga 1995 National airline
Ave Line Industrials Marine transportation Riga 2000 Shipping
Baltic Coal Terminal Industrials Transportation services Ventspils 2005 Terminal
Banka Baltija Financials Banks Riga 1993 Bank, defunct 1995
Bank of Latvia Financials Banks Riga 1992 Central bank
Bellaccord Electro Consumer services Broadcasting & entertainment Riga 1931 Record label
Cēsu Alus Consumer goods Brewers Cēsis 1995 Brewery
Citadele Banka Financials Banks Riga 2010 Bank
Dartz Consumer goods Automobiles Riga 2008 Armored vehicles
Diena Consumer services Publishing Riga 1990 Daily newspaper
Double Coffee Consumer services Restaurants & bars Riga 2002 Coffee chain
Elko Grupa Consumer goods Consumer electronics Riga 1993 Computers and electronics
Ford-Vairogs Consumer goods Automobiles Riga 1936 Automotive, defunct 1940
Forticom Technology Software Riga 1999 Defunct 2013
Grindeks Health care Pharmaceuticals Riga 1991 Pharmaceutical
Inversija Industrials Delivery services Riga 1991 Cargo airline. defunct 2012
Just5 Telecommunications Telecommunications equipment Riga 2008 Mobile phone designer
Laima Consumer goods Food products Riga 1870 Confectionery
Lattelecom Telecommunications Fixed line telecommunications Riga 1992 Telecom and ISP
Latvenergo Utilities Conventional electricity Riga 1958 Electrical utility
Latvian Mobile Telephone Telecommunications Mobile telecommunications Riga 1992 GSM
Latvian Shipping Company Industrials Marine transportation Riga 1940 Shipping
Latvijas Balzams Consumer goods Soft drinks Riga 1997 Beverages
Latvijas Gāze Oil & gas Exploration & production Riga 1991 Natural gas
Latvijas Krājbanka Financials Banks Riga 1924 Bank, defunct 2011
Microphone Records Consumer services Broadcasting & entertainment Riga 1993 Record label
Norvik Banka Financials Banks Riga 1992 Bank
Olainfarm Health care Pharmaceuticals Olaine 1972 Pharmaceutical
Parex Bank Financials Banks Riga 1992 Bank
PrivatBank Latvia Financials Banks Riga 2007 Bank, part of PrivatBank (Ukraine)
RAF-Avia Consumer services Airlines Riga 1990 Airline
Rietumu Banka Financials Banks Riga 1992 Bank
Riga Autobus Factory Consumer goods Automobiles Riga 1949 Vehicles, defunct 1998
Rigatta Telecommunications Fixed line telecommunications Riga 2005 Telecommunications
Rimi Baltic Consumer services Food retailers & wholesalers Riga 2004 General retail and supermarkets
Russo-Balt Consumer goods Automobiles Riga 1874 Automobiles, defunct 1923
SAF Tehnika Technology Telecommunications equipment Riga 1999 Microwave data equipment
SEB Unibanka Financials Banks Riga 1993[6] Bank
Sereal Consumer goods Recreational products Riga 2011 Trading cards and stickers
SmartLynx Airlines Consumer services Airlines Mārupe 1993 Airline
VEF Consumer goods Consumer electronics Riga 1919 Electronics, defunct 1999

See also[edit]


  1. ^ "Composition of macro geographical (continental) regions, geographical sub-regions, and selected economic and other groupings". United Nations. Retrieved 9 November 2008.
  2. ^ "Latvia – Country Profile: Human Development Indicators". United Nations. Retrieved 15 December 2015.
  3. ^ "Latvia". World Bank. Retrieved 15 July 2013.
  4. ^ "EU and euro". Bank of Latvia. Archived from the original on 25 April 2013. Retrieved 16 July 2013.
  5. ^ The guys that make us fly |
  6. ^ SEB Banka, AS: Private Company Information - Bloomberg