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The company’s turnover in 2020, compared to 2019, increased by 11%.
In second place was Axon Cable, with a turnover of € 32.433 million, down 4.4%, followed by Light Guide Optics International with a turnover of € 27.334 million in 2020. is 10.6% more than in 2019.
The company ranks fourth “HansaMatrixVizulo, with a turnover of EUR 21.387 million, a decrease of 7.3%, was in fifth place with a turnover of EUR 12.898 million, or 28.8% more than a year earlier.
The company “Energofirma Jauda” is in the sixth place, which in 2020 had a turnover of 12.768 million euros, which is 22.9% less than a year earlier. In seventh place with a turnover of 6.973 million euros last year was “SMD Baltic”, whose turnover decreased by 20%.
The current edition of the “Latvian Business Annual Report” includes the findings and forecasts of the most successful entrepreneurs and industry experts, as well as an in-depth review of the business environment and detailed lists of industry companies.
Due to Covid-19, this year’s annual reports for 2020 could be submitted for a longer period than usual, so it was also possible to compile the report later than in previous years.
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