As of March 10, 2024, AS LATVIJAS GAZE is the most valuable company in Latvia, with a market cap of $423 million. Following it are AS AMBER LATVIJAS BALZAMS ($73 million) and AS VIRSI-A ($70 million). Latvia’s top five most valuable companies include some of the world’s most renowned brands: DELFIN GROUP (No. 4, $62 million) and IPAS INDEXO (No. 5, $59 million).
Overall, among Latvia’s largest companies by market capitalization, the sixth, seventh, eighth, and ninth positions are held by AS MADARA COSMETICS, AS APF HOLDINGS, TEHNIKA A/S, AS SIGULDAS CILTSLIETU UN MAKSLIGAS APSEKLOSANAS STACIJA.
Which one is the most valuable in Latvia by market cap?
This list comprises the biggest companies currently in Latvia by market cap in 2024:
Latvia’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) | CEO |
|---|---|---|---|
| 1 | AS LATVIJAS GAZE | $0.423 billion | Aigars Kalvītis |
| 2 | AS AMBER LATVIJAS BALZAMS | $0.073 billion | Rolands Gulbis |
| 3 | AS VIRSI-A | $0.070 billion | Janis Viba |
| 4 | DELFINGROUP AS | $0.062 billion | Didzis Ādmīdiņš |
| 5 | IPAS INDEXO | $0.059 billion | Valdis Siksnis |
| 6 | AS MADARA COSMETICS | $0.058 billion | Gunta Sulte |
| 7 | AS APF HOLDINGS | $0.027 billion | Hermanis Dovgijs |
| 8 | SAF TEHNIKA A/S | $0.021 billion | Normunds Bergs |
| 9 | AS SIGULDAS CILTSLIETU UN MAKSLIGAS APSEKLOSANAS STACIJA | $0.003 billion | Inita Bedrite |
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