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Executive Roundtable

Estonia’s Largest Companies by market capitalization, 2024

Stock Exchange

As of December 23, 2024, AS LHV GROUP is the most valuable company in Estonia, with a market cap of $1.11 billion. Following it are INFORTAR ($906 million) and ENEFIT GREEN ($754 million).

Which one is the most valuable in Estonia by market cap?
This list comprises the biggest companies currently in Estonia by market cap in 2024:

Estonia’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPTIAL (USD DOLLAR)
1AS LHV GROUP$1.11 billion
2INFORTAR$0.906 billion
3ENEFIT GREEN$0.754 billion
4AS TALLINK GRUPP$0.446 billion
5TALLINNA KAUBAMAJA GRUPP$0.400 billion
6AS MERKO EHITUS$0.373 billion
7AS TALLINNA SADAM$0.288 billion
8EFTEN REAL ESTATE FUND III$0.214 billion
9AS TALLINNA VESI$0.212 billion
10COOP PANK$0.212 billion
11AS HARJU ELEKTER$0.087 billion
12AS PRO KAPITAL GRUPP$0.044 billion
13AS SILVANO FASHION GROUP$0.038 billion
14BALTIC HORIZON FUND$0.037 billion
15J. MOLNER$0.036 billion
16TEXTMAGIC$0.033 billion
17AS EKSPRESS GRUPP$0.029 billion
18NORDECON$0.022 billion
19HEPSOR OU$0.016 billion
20ARCO VARA$0.015 billion
21AKTSIASELTS LINDA NEKTAR$0.009 billion
22AS MODERA$0.008 billion
23AIROBOT TECHNOLOGIES$0.005 billion
24SAUNUM GROUP$0.004 billion
25NORDIC FIBREBOARD$0.004 billion
26AS TRIGON PROPERTY DEVELOPMENT$0.003 billion
27AS PRFOODS$0.002 billion
28GRAB2GO$0.001 billion
29BERCMAN TECHNOLOGIES$0.001 billion

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Lila Jones, D.Litt.
Lila Jones, D.Litt. in Global Communications and Media Convergence, is the Senior Business News Editor at CEOWORLD Magazine, where she curates and leads international editorial content focusing on financial strategy and executive communications. Based in Dubai and New York, Lila brings over a decade of experience covering global markets, corporate governance, and brand positioning.

She previously worked as a financial correspondent for a major Middle Eastern news outlet and later transitioned into strategic communications for multinational firms in the energy and tech sectors. Lila’s editorial leadership is characterized by precision, global fluency, and a strong sense of storytelling. At CEOWORLD, she manages a cross-border team that produces content on capital markets, CEO profiling, and corporate storytelling.

Lila holds an MBA in Finance and a certificate in Media and Strategic PR from a top European university. She is also a recurring guest lecturer at business schools and a panelist on ESG and diversity in leadership. Lila believes in empowering executives with the content they need to lead confidently on the world stage, and her work at CEOWORLD reflects that mission—offering insight-rich reporting and strategy-driven features that resonate across industries and cultures.

Email Lila Jones at lila@ceoworld.biz