Analytics, Financial Services, Good for Business, Latvia, Markets and Companies, Statistics, Telecomunications
International Internet Magazine. Baltic States news & analytics
Thursday, 18.04.2024, 19:03
Latvian telecommunications sector TOP has several newcomers
The sector’s leaders are Lattelecom e-services provider with EUR 163.398 mln in turnover, followed by Latvijas Mobilais Telefons (LMT) mobile operator with EUR 151.347 mln in annual turnover and Tele2 mobile operator with EUR 103.694 mln in sales. Further down the list are Bite Latvija mobile operator with EUR 67.057 mln in sales and LMT Retail&Logistics with EUR 63.663 mln in sales last year.
Bombardier-Belam took the sixth position with a turnover of EUR 53.177 mln, which is 9.3 times more than in 2014, and another newcomer to the list is Belam-Riga with EUR 50.418 mln in turnover, up 5.2 times from 2014.
Xotel fell from the sixth to the eighth position with EUR 34.547 mln in turnover, and another newcomer, EU-Trader ranked ninth with EUR 30.466 mln in turnover, which is 10.6 times more from 2014. Citrus Solutions closed the TOP 10 list with EUR 25.024 mln in the annual turnover compared to the seventh position last year.
Latvian Business Annual Report offers an overview of leading Latvian companies in more than 60 sectors based on the data in their annual reports as well as commentaries and forecasts by experts.