Latvijas Finieris – Latvia’s Largest Domestic Capital Manufacturing Company
02.12.2025
Each year, Dienas Bizness compiles the achievements and performance of Latvia’s largest companies across nearly 40 key business sectors, creating the TOP 500. This year marks the 29th edition of their analysis, covering Latvia’s most profitable companies, enterprises of both domestic and foreign capital, the largest corporate taxpayers, leading business groups, industry and regional champions, top EBITDA performers, and other key categories.
Latvijas Finieris in the 2025 TOP 500:
• ranked as the largest private company in Latvia with 100 % domestic capital, the same as last year;
• listed among Latvia’s top 20 exporters;
• ranked 14th among Latvia’s largest companies (the same as last year);
• ranked as the second-largest forestry company in Latvia (the same as last year);
• the 11th largest company in Riga (12th last year);
• the 20th largest employer in Latvia (same as last year);
• ranked as the 8th most profitable company in Latvia (the same as last year);
• ranked 13th among companies with the highest EBITDA (last year – 11th).
It should be highlighted that the TOP 500 features the Group company VEREMS, one of the TOP 10 companies with the largest year-on-year increase in import volumes compared to 2023, and currently the eighth-largest company in Latgale (having ranked sixth last year).
* The 2025 TOP 500 takes net turnover data in 2024 into account.
