In the first quarter of 2025, Banga LTD’s turnover increased by 49.40%
The company’s turnover from sold products in the first quarter of 2025 was EUR 5,301,236, which is 49.40% more than in the same period of 2024. The increase in sales volume during this period is related to the growth in production volume, which was ensured by planned investments in manufacturing.
“In total, 32% more product units were sold during the reporting period compared to the first quarter of 2024. These outstanding results were achieved thanks to the increased pace of production growth, as well as stable and growing demand from the company’s long-term partners, which gives confidence for further sales volume growth,” says Raivis Veckāgans
SIA Banga LTD is the leading producer of sterilized fish canned products in the Baltic region. The company’s production facility is located in Roja, Talsi municipality. SIA “Banga LTD” covers the entire canning cycle of production. The product exports span five continents and more than 47 countries, including Europe, the USA, Japan, and Australia. The company’s customer base includes wholesale and distributor companies as well as international retail chains. The products are made from high-quality fish raw materials supplied by fisheries in Latvia, Norway, Spain, Chile, and the Faroe Islands. Product quality is confirmed by IFS (International Featured Standards), MSC (Marine Stewardship Council), and ASC (Aquaculture Stewardship Council) certifications. The company’s product range includes more than 50 products marketed under the BANGA brand and private labels.
Raivis Veckāgans
Sales Director
+371 29252286