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International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 19:32

Depo DIY remains largest company in construction industry in 2015

BC, Riga, 11.10.2016.Print version
With a turnover of EUR 185.9 mln, construction supplies retailer Depo DIY was the leader in Latvia's construction industry in 2015, according to the Latvian Business Report 2016 collated by Firmas.lv and LETA.

Construction company Skonto Buve was second with EUR 122.5 mln in turnover, followed by joint-stock construction company UPB - EUR 84.34 mln, construction company Binders - EUR 74.76 mln, cement producer Cemex - EUR 71.16 mln, BMGS S - EUR 67.1 mln, Merks - EUR 65.37 mln, Tirdzniecibas Nams Kursi - EUR 63.44 mln, state owned joint stock company Latvijas Autocelu Uzturetajs - EUR 61.9 mln, and joint-stock A.C.B. - EUR 61.85 mln.


According to the Latvian Business Report 2016, profits earned by companies operating in the construction industry has continued to reduce - from EUR 155 mln in 2014, to EUR 117 mln last year.


At the same time, the overall turnover of the construction industry also fell from EUR 5.474 billion in 2014, to EUR 5.208 billion in 2015.






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