As of March 10, 2024, AS LHV GROUP is the most valuable company in Estonia, with a market cap of $1.23 billion. Following it are ENEFIT GREEN ($966 million) and INFORTAR ($806 Million). Estonia’s top five most valuable companies include some of the world’s most renowned brands: AS TALLINK GRUPP (No. 4, $576 Million) and TALLINNA KAUBAMAJA GRUPP (No. 5, $466 Million).
Overall, among Estonia’s largest companies by market capitalization, the sixth, seventh, eighth, and ninth positions are held by AS TALLINNA SADAM, MERKO EHITUS, COOP PANK, and AS TALLINNA VESI.
Which one is the most valuable in Estonia by market cap?
This list comprises the biggest companies currently in Estonia by market cap in 2024:
Estonia’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) | CEO |
|---|---|---|---|
| 1 | AS LHV GROUP | $1.23 billion | Madis Toomsalu |
| 2 | ENEFIT GREEN | $0.966 billion | Aavo Kärmas |
| 3 | INFORTAR | $0.806 billion | Ain Hanschmidt |
| 4 | AS TALLINK GRUPP | $0.576 billion | Paavo Nõgene |
| 5 | TALLINNA KAUBAMAJA GRUPP | $0.466 billion | Jüri Käo |
| 6 | AS TALLINNA SADAM | $0.333 billion | Valdo Kalm |
| 7 | AS MERKO EHITUS | $0.311 billion | vo Volkov |
| 8 | COOP PANK | $0.264 billion | Margus Rink |
| 9 | AS TALLINNA VESI | $0.231 billion | Aleksandr Timofejev |
| 10 | EFTEN REAL ESTATE FUND III | $0.229 billion | Arti Arakas |
| 11 | AS HARJU ELEKTER | $0.098 billion | Tiit Atso |
| 12 | AS PRO KAPITAL GRUPP | $0.059 billion | Edoardo Axel Preatoni |
| 13 | AS SILVANO FASHION GROUP | $0.044 billion | Jarek Särgava |
| 14 | AS EKSPRESS GRUPP | $0.043 billion | Mari-Liis Rüütsalu |
| 15 | BALTIC HORIZON FUND | $0.041 billion | Reimo Hammerberg |
| 16 | TEXTMAGIC | $0.039 billion | Priit Vaikmaa |
| 17 | J. MOLNER | $0.032 billion | Jason Grenfell- Gardner |
| 18 | HEPSOR OU | $0.029 billion | Henri Laks |
| 19 | ARCO VARA | $0.019 billion | Miko-Ove Niinemäe |
| 20 | NORDECON | $0.019 billion | Gerd Müller |
| 21 | AKTSIASELTS LINDA NEKTAR | $0.011 billion | Kadri Rauba |
| 22 | AS MODERA | $0.009 billion | Hetal Vichhivora |
| 23 | AIROBOT TECHNOLOGIES | $0.008 billion | Heiki Aulik |
| 24 | SAUNUM GROUP | $0.006 billion | Henri Lindal |
| 25 | AS PRFOODS | $0.006 billion | Indrek Kasela |
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