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Executive Roundtable

Latvia’s Largest Companies by market capitalization, 2024

Riga Latvia

As of December 23, 2024, AS AMBER LATVIJAS BALZAMS is the most valuable company in Latvia, with a market cap of $70 million. Following it are AS VIRSI-A ($65 million) and IPAS INDEXO (No. 4, $57 million).

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

Latvia’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPTIAL (USD DOLLAR)
1AS AMBER LATVIJAS BALZAMS$0.070 billion
2AS VIRSI-A$0.065 billion
3IPAS INDEXO$0.057 billion
4DELFINGROUP AS$0.051 billion
5AS MADARA COSMETICS$0.041 billion
6AS APF HOLDINGS$0.025 billion
7SAF TEHNIKA A/S$0.015 billion
8AS KALVE COFFEE$0.006 billion
9AS SIGULDAS CILTSLIETU UN MAKSLIGAS APSEKLOSANAS STACIJA$0.002 billion
10AS RIGAS KUGU BUVETAVA$0.001 billion

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Despina Wilson, D.Litt.
Despina Wilson, D.Litt. in Cultural Diplomacy and Journalism, is the Business News Editor at CEOWORLD Magazine, where she specializes in delivering strategic content at the intersection of international finance, executive positioning, and cross-cultural communication. Fluent in Spanish and English, Despina brings over 12 years of editorial and advisory experience across Latin America, the U.S., and Europe.

Before joining CEOWORLD magazine, she held senior editorial roles at finance publications in Mexico City and worked as a corporate communications advisor for multinational firms. Her writing explores macroeconomic shifts, emerging markets, corporate governance, and the PR strategies that shape public perception of top-tier companies and their leaders.

At CEOWORLD, Despina leads a multilingual editorial team that produces business content tailored for global executives navigating complex financial ecosystems. She holds a degree in Business Journalism and a certificate in Strategic Public Relations.

Despina is also a frequent speaker on Latin American investment trends, female leadership in finance, and corporate transparency. With a sharp editorial instinct and a passion for amplifying diverse perspectives, Gabriela ensures that CEOWORLD’s coverage remains forward-thinking, inclusive, and rooted in both analytical depth and brand insight.