Latvijas Gāze ranks 16th in the TOP 101 of Latvia’s Most Valuable Enterprises

In 2023, in the Top 101 of Latvia’s Most Valuable Enterprises, jointly created by financial services company Prudentia and Nasdaq Riga, Latvijas Gāze was recognised as a leader in its sector, taking 2nd place, and was ranked the 16th most valuable enterprise in Latvia, ranking four places higher than in 2022.

The TOP 101 reflects the business value of a company by evaluating more than 600 Latvian companies with the highest profitability and turnover in 2022.

“The biggest challenges in 2022 were the high level of natural gas prices and the overall shortage of natural gas on the market, but timely and accurate decisions on natural gas purchases ensured a reliable supply of natural gas to AS Latvijas Gāze customers,” says Aigars Kalvītis, Chairman of the Board of Latvijas Gāze.

The TOP 101 of Latvia’s Most Valuable Enterprises is a socially important initiative, implemented in 2005 by Prudentia, the leading corporate finance company in the Baltic states, and Nasdaq Riga, the only regulated secondary securities market in Latvia. The initiative is based on the desire of the project’s creators to stimulate public debate on the value of companies and the factors influencing it.

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