Company · 22.22 · Manufacture of rubber and plastic products
SIA POLIPAKS
From the company website
Flexible packaging manufacturing – Polipaks offers certified, sustainable and customisable packaging solutions to meet the needs of various industries
Elastīgā iepakojuma ražošana - Polipaks piedāvā sertificētus, ilgtspējīgus un pielāgojamus iepakojuma risinājumus dažādu nozaru vajadzībām
Turnover · 2025
57.4 M €
+2% vs previous year
Employees
312
Turnover per employee: 184 k €
Taxes paid · 2024
3.2 M €
Payroll fund / employees: 19 k €
Payroll fund · 2024 estimate
5.9 M €
Wage estimate, gross: 1,709 €
Tax breakdown · 2026 Q3
Quarterly history
| Quarter | Total paid to VID | Personal income tax | Social contributions | VAT paid · after deductions | VAT refunded by the state |
|---|---|---|---|---|---|
| 2026 Q3 | 1.0 M € | 299 k € | 656 k € | 0 € | 0 € |
| 2026 Q2 | 978 k € | 285 k € | 634 k € | 0 € | 0 € |
| 2026 Q1 | 881 k € | 251 k € | 578 k € | 0 € | 0 € |
| 2025 Q4 | 917 k € | 266 k € | 593 k € | 0 € | 0 € |
| 2024 | 3.2 M € | 1.0 M € | 2.0 M € | — | — |
| 2023 | 3.1 M € | 973 k € | 1.9 M € | — | — |
| 2022 | 3.2 M € | 986 k € | 1.9 M € | — | — |
Financial health · From the 2025 balance sheet
Cross-section against the peer median
Compared with companies under NACE code 22.22 — 21.
What changed
Position among peers
Indicators
panel.caveats
Location verified against the company’s own website: for manufacturers this is the production site, not the registered office. Figures come from public registers. Wage, export share and address confidence are estimates and are always labelled as such.
Similar companies
Rivals in the niche
Filed annual reports
Figures the company filed itself. Bar length shows size within the column; the longest is its best year. An empty cell means no report for that year — not a zero.
| Year | Turnover | Net profit | Assets | Employees |
|---|---|---|---|---|
| 2025 | 57.4 M € | 2.6 M € | 35.0 M € | 312 |
| 2024 | 56.4 M € | 2.4 M € | 32.6 M € | 295 |
| 2023 | 56.5 M € | 2.9 M € | 27.4 M € | 276 |
| 2022 | 63.8 M € | 2.6 M € | 27.0 M € | 288 |
| 2021 | 55.6 M € | 715 k € | 27.8 M € | 281 |
| 2020 | 48.0 M € | 982 k € | 21.9 M € | 271 |
Source: annual reports from the Register of Enterprises, as filed. A missing year is a missing report, not a loss.
Foreign trade of the industry · 2025
All companies in division 22 — Manufacture of rubber and plastic products — not this company. Trade by individual firms is not published by law; by industry it is.
Industry goods exports
260.5 M €
Industry goods imports
191.0 M €
Goods exports to turnover estimate
60%
Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds. A share this high is why companies in the industry pay little net VAT: exported goods carry no VAT.
Exported most: Plastics and rubber — 232.5 M €, Miscellaneous manufactured articles — 6.6 M €, Wood and articles of wood — 6.0 M €
Source: Official Statistics of Latvia, table ATN011, goods trade by the activity of the trading enterprise. “Not published” means the figure would identify a single firm — it is not a zero.
State support received
Sources: EU fund project registers kept by the Central Finance and Contracting Agency and the de minimis register of the Ministry of Finance, both CC0. Amounts are as published. Support granted to natural persons is not shown.
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