Baltic TOP - 2021
Baltic's most valuable enterprises
Discover your company’s value
| TOP 2021 | Company name | Value 2021 | Turnover 2020 | EBITDA 2020 | CorpGov Score | Country | Industry |
|---|---|---|---|---|---|---|---|
| 3 | SWEDBANK GROUP 1 | 3880.25 | 36602.2 | 3628.2 | 76 |
|
Financial services |
| 4 | SEB BANK GROUP 2 | 2520.91 | 21991.0 | 2355.1 | 76 |
|
Financial services |
| 9 | LUMINOR BANK, AS | 1707.32 | 14924.1 | 1665.2 | 54 |
|
Financial services |
| 1 | VILNIAUS PREKYBA, UAB | 4698.20 | 5268.0 | 514.8 | 44 |
|
Trade: consumer goods |
| 2 | THERMO FISHER SCIENTIFIC BALTICS, UAB | 4371.83 | 1263.5 | 487.8 | 7 |
|
Manufacturing: consumer goods |
| 5 | IGNITIS GRUPĖ, AB | 2236.46 | 1223.1 | 286.7 | 100 |
|
Utility services |
| 7 | LATVENERGO, AS | 2062.15 | 773.4 | 279.0 | 90 |
|
Utility services |
| 23 | LHV GROUP, AS | 707.36 | 4971.4 | 236.8 | 72 |
|
Financial services |
| 8 | TELIA GROUP 3 | 1981.01 | 742.9 | 228.5 | 77 |
|
IT and telecommunication services |
| 10 | ME INVESTICIJA, UAB | 1704.08 | 1170.4 | 224.7 | 8 |
|
Transport, transit, logistics |
| 6 | EESTI ENERGIA, AS | 2092.57 | 833.7 | 192.2 | 58 |
|
Utility services |
| 17 | TELE 2 GROUP 6 | 953.58 | 485.1 | 168.1 | 26 |
|
IT and telecommunication services |
| 16 | ACHEMOS GRUPĖ, UAB | 980.62 | 865.5 | 163.8 | 29 |
|
Manufacturing: industrial goods |
| 12 | LIETUVOS GELEŽINKELIAI, AB 5 | 1438.53 | 468.2 | 157.6 | 90 |
|
Transport, transit, logistics |
| 21 | BITĖ LIETUVA, UAB | 759.30 | 421.0 | 128.6 | 6 |
|
IT and telecommunication services |
| 11 | LATVIJAS VALSTS MEŽI, AS 4 | 1460.07 | 349.8 | 120.2 | 60 |
|
Extraction of natural resources |
| 13 | GRAANUL INVEST, AS | 1293.60 | 443.8 | 116.5 | 39 |
|
Manufacturing: energy carriers |
| 26 | VG HOLDING, UAB | 632.83 | 632.5 | 84.5 | 10 |
|
Manufacturing: consumer goods |
| 14 | MIKROTĪKLS, SIA | 1241.27 | 358.9 | 84.2 | 8 |
|
Manufacturing: industrial goods |
| 20 | RIMI GROUP 8 | 791.96 | 1689.2 | 80.2 | 33 |
|
Trade: consumer goods |
| 19 | EPSO-G, UAB | 828.79 | 272.2 | 73.9 | 90 |
|
Utility services |
| 30 | CIRCLE K GROUP 12 | 569.53 | 1174.1 | 68.9 | 24 |
|
Manufacturing: energy carriers |
| 25 | TALLINNA KAUBAMAJA GRUPP, AS | 661.49 | 741.9 | 63.4 | 83 |
|
Trade: consumer goods |
| 18 | RIIGI KINNISVARA, AS 7 | 922.39 | 130.1 | 62.2 | 59 |
|
Real estate operations |
| 24 | TALLINNA SADAM, AS 10 | 705.92 | 107.4 | 57.7 | 68 |
|
Transport, transit, logistics |
| 29 | TEVA BALTICS, UAB | 580.01 | 142.8 | 55.9 | 7 |
|
Manufacturing: consumer goods |
| 28 | UTILITAS, OÜ | 597.37 | 124.8 | 54.2 | 31 |
|
Utility services |
| 27 | GREN GROUP 11 | 608.22 | 103.2 | 49.8 | 26 |
|
Utility services |
| 22 | RIIGIMETSA MAJANDAMISE KESKUS, SA 9 | 735.02 | 187.5 | 46.7 | 60 |
|
Extraction of natural resources |
| 15 | TALLINK GRUPP, AS | 1200.84 | 442.9 | -8.3 | 82 |
|
Transport, transit, logistics |
*TOP 101 reflects company's enterprise value. With the exception of banks and insurance companies - for these companies equity value is reflected. In case of the listed companies, the value is based on the company’s value on the stock exchange as of 30.06.2021.
** For banks and insurance companies the columns "revenue" and "adjusted EBITDA" present the value of total assets and equity respectively.
1The equity value of SWEDBANK Group is derived by combining the equity values of SWEDBANK Latvia, SWEDBANK Estonia and SWEDBANK Lithuania.
2The equity value of SEB BANK Group is derived by combining the equity values of SEB Bank Latvia, SEB Bank Estonia and SEB Bank Lithuania.
3The enterprise value of TELIA Group is derived by combining the enterprise values of Telia Estonia and Telia Lithuania.
4 Latvian state forests.
5 Lithuanian Railroad.
6 The enterprise value of TELE 2 Group is derived by combining the enterprise values of Tele 2 Latvia, Tele 2 Estonia and Tele 2 Lithuania.
7 Estonian state-owned real estate.
8 The enterprise value of RIMI Group is derived by combining the enterprise values of Rimi Latvia, Rimi Estonia and Rimi Lithuania.
9 Estonian state forests.
10 Port of Tallinn.
11 The enterprise value of Gren Group is derived by combining the enterprise values of Gren Latvia, Gren Jelgava, Gren Daugapils, Gren Estonia, Gren Tartu and Gren Lithuania.
12 The enterprise value of CIRCLE K Group is derived by combining the enterprise values of Circle K Latvia, Circle K Estonia and Circle K Lithuania.
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