Vervo Auto - One of the TOP 100 Fastest Growing Companies!

Vervo Auto - One of the TOP 100 Fastest Growing Companies!

Last week, the list of the 100 fastest growing companies in Latvia was published by Lursoft, and we are thrilled to announce that Vervo Group's transport company, Vervo Auto, has secured the 63rd spot. The company's turnover reached 1.483 million EUR, with a profit of 116.665 thousand EUR. This is a significant achievement that we are very proud of!

The TOP 100 fastest growing companies represent all regions of Latvia and almost all industries. In the past year, the total turnover of the TOP 100 fastest growing companies amounted to 710.13 million EUR. Compared to the previous year, the overall turnover of these companies has increased by 129.95%. The list of the TOP 100 fastest growing companies ranks them based on the highest increase in turnover compared to 2020.

For a company to be included in the TOP 100, it must meet several criteria:

  • The profitability coefficient must be higher than 4.
  • The company must have positive equity.
  • It must have operated with a profit from 2020 to 2022.
  • The company is a VAT payer.
  • No insolvency process is registered for the company.
  • The company has active executives.

Therefore, we would like to express our gratitude to our clients, partners, and employees! This achievement is truly remarkable, signifying that Vervo Auto is one of the most significant players in the logistics industry, offering not only efficient but also environmentally friendly solutions, which are crucial for a sustainable future.

This accomplishment is the result of years of collaboration, close partnerships, and honest communication, aiming to provide customers with excellent service quality. The Vervo Auto team has been not only professional but also proactive in supporting the specific needs of clients, and this TOP 100 achievement is a great testament to that.

If you require transportation services, please contact Vervo Auto at This email address is being protected from spambots. You need JavaScript enabled to view it..


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