Alcohol, Financial Services, Latvia, Markets and Companies

The company's share capital in 2014 was EUR 104.53 million.

Company with the second largest share capital last year was Rail Traction Power 1 with EUR 92.67 million, followed by Despina Capital – EUR 22.3 million, Fortum Latvia – EUR 19.93 million, and Damme Real Estate with a share capital of EUR 18.7 million.

Last year, the number of newly-registered companies reduced, while the number of liquidated companies increased, according to information provided by Lursoft IT.

Lursoft calculations indicate that in 2014, a total of 14,965 new companies were registered in Latvia, 13,991 of which were limited liability companies. In 2013, the number of newly-registered companies was 16,365.

Meanwhile, the number of liquidated companies in 2014 was 6,402 – 55% more than in 2013, when the number of liquidated companies was 4,152. Lursoft indicates that thus Latvia's business environment has grown by 8,563 companies.