Two Estonian companies in top 10 in Baltics

Photo: Postimees/Scanpix
10/14/2015 4:12 PM
Category: Economy

The most valuable company in the Baltic states continues to be Sweden's Swedbank, with a value of 3.9 billion euros, up 22 percent in a year.

SEB, also a Swedish bank, is up one place in second with a market worth of 1.9 billion, up 19 percent.

Estonia's ferry and hotel group Tallink is third, having fallen one place. Tallink's value fell by 12 percent to 1.6 billion euros.

Eesti Energia, the Estonian-state-owned company is fourth. The energy giant's market worth fell from 1.4 to 1.27 billion euros.

Vopak E.O.S, an Estonian-based oil terminal operator, has fallen out of the top 10.

Lithuania's Maxima is fifth (1.07 billion euros, up from 976 million), followed by Latvenergo of Latvia (1.07 billion, down from 1.3 billion), Lietuvos Geležinkeliai of Lithuania (1.03 billion, up from 891 million euro), Lietuvos Energija of Lithuania (down from 880 from 944 million euro), Latvia's Latvijas Valsts Meži (up from 801 to 810 million) and Norwegian bank DNB (new on the list with 723 million euros).

The annual top 10 Baltic companies list is compiled by Pridentia and Nasdaq Riga.

J.M. Laats

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