Banga LTD, one of Latvia’s leading producers of canned seafood products, generated revenue of EUR 10.74 million in the first six months of 2026, representing an increase of 7.23% compared with the corresponding period of 2025.
In the first half of 2026, Banga LTD generated revenue of EUR 10,738,229, compared with EUR 10,014,098 in the first six months of 2025.
“During the reporting period, the company continued its growth. Revenue reached EUR 10,738,229 in the first six months of 2026, while the company’s total assets exceeded the EUR 15 million threshold for the first time. Despite challenges caused by fluctuations in the prices of certain fish raw materials, we have managed to maintain a net profit margin above 10%,” says Raivis Veckāgans.
Banga LTD is a leading producer of sterilised canned fish products in the Baltic region. The company’s production facility is located in Roja, Talsi Municipality, Latvia, and covers the entire canned fish production cycle.
The company exports its products to more than 47 countries across five continents, including markets in Europe, the United States, Japan and Australia. Its customer base includes wholesalers and distributors, as well as international retail chains.
Banga LTD manufactures its products using high-quality fish raw materials supplied by fisheries in Latvia, Norway, Spain, Chile and the Faroe Islands. The quality of the company’s products and its compliance with internationally recognised standards are supported by IFS (International Featured Standards), MSC (Marine Stewardship Council) and ASC (Aquaculture Stewardship Council) certifications.
Banga LTD offers a portfolio of more than 50 products marketed under the BANGA brand as well as products manufactured for customers’ private labels.