Agriculture, Good for Business, Latvia, Markets and Companies

The "Top 10" agricultural companies last year were grain cooperative Latraps (EUR 166.98 million turnover), Baltic Agro (EUR 107.57 million turnover), Scandagra Latvia (EUR 81.12 million turnover), Latagrokoncerns (EUR 75.1 million turnover), Pindstrup Latvia (EUR 44.78 million turnover), Balticovo (EUR 42.79 million turnover), Konekesno Latvija (EUR 41.38 million turnover), Putnu fabrika Kekava (EUR 40.81 million turnover), and Starco Eastern Group (EUR 27.1 million turnover).

According to the report, last season could be seen as a harsh one full of unpredictable surprises, mostly due to the Russian food embargo. However, thanks to the modesty and toughness of those working in the agricultural sector, it was possible to avoid massive bankruptcy of those operating in the sector.