Dobeles Dzirnavnieks remained leader of Latvian food industry in 2018

  • 2019-11-28
  • LETA/TBT Staff

RIGA - Like a year before, Dobeles Dzirnavnieks grain mill remained the leader of the Latvian food and beverages industry in 2018 by turnover, according to the Latvian Business Annual Report compiled by and LETA.

In 2018, Dobeles Dzirnavnieks raised turnover by 3.2 percent on year to EUR 117.35 million.

Like a year before, Rigas Piena Kombinats (RPK) dairy company was the second largest food company with an annual turnover of EUR 84.743 million, which grew 4.5 percent against 2017. Orkla Confectionery & Snacks Latvija was third with a turnover of EUR 79.159 million, up 0.7 percent on year.

Latvijas Balzams alcohol producer was the industry's fourth largest company with EUR 75.138 million generated in 2018 turnover, down 4 percent on yea, and Cido Grupa juices and beverages producer was fifth with EUR 66.434 million, up 6 percent.

Cesu Alus brewery was in sixth place with a turnover of EUR 61.755 million, up 13.8 percent, and Preilu Siers cheese maker was seventh with EUR 61.347 million, up 2.4 percent against 2017.

Tukuma Piens dairy company was eighth with EUR 55.098 million in 2018 turnover, up 3.6 percent against 2017, and fish cannery Karavela was ninth with EUR 41.616 million, up 7.5 percent.

Rigas Miesnieks meat-packing company rounded out the Top-10 of Latvia's largest food and beverages companies with a turnover of EUR 38.635 million, up 12 percent.

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