Electric motors, generators and transformers market in Latvia: size, suppliers and public contracts
Market size and key facts
In 2025, public buyers in Latvia awarded 20 supply contracts for electric motors, generators and transformers through award notices on TED; the 5 of them that state a value (25%) add up to €15.2 million, a floor rather than the full contract value. Latvia imported €249 million of goods in the customs headings matched to electric motors, generators and transformers in 2025 (Eurostat Comext, HS 8504, 8501, 8503 and 8502; all buyers, not only public ones), up 71.5% from 2023.
- Since November 2023, 29 companies have won 65 public supply contracts for electric motors, generators and transformers in Latvia, in 34 award notices from 13 public buyers.
- 81.5% of these awards went to companies registered in Latvia; the most frequent foreign origin is Poland.
- The five companies that win most often hold 38.5% of all awards.
- 4.6% of the awards whose notice states the number of tenders received a single bid.
In proportion
All public purchasing in Latvia — general government spending on goods, services and investment, the measure the OECD and the European Commission use for public procurement — came to €6.65 billion in 2025, 15.2% of GDP (Eurostat). Award notices on TED cover only the contracts above the EU thresholds, so they show who wins, not the whole of that spending.
Source: Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) and GDP (nama_10_gdp), retrieved 9 November 2026.
Updated · counted daily from contract award notices on TED and Eurostat international trade data · figures as JSON · free to quote with attribution (CC BY 4.0)
How to cite: Cresques, "Electric motors, generators and transformers market in Latvia", https://cresques.com/markets/lv/311-electric-motors-generators-and-transformers, from TED contract award notices (© European Union) and Eurostat Comext, updated 13 November 2026. Licence: CC BY 4.0.
- Winning companies
- 29
- since November 2023
- Award notices
- 34
- on TED
- Public buyers
- 13
- hospitals, schools, agencies
- Imports 2025
- €248.8M
- all buyers, Eurostat
The market in numbers
Public supply contracts in Latvia: award notices published on TED from 2023-11 to 2026-11, by publication year.
- Contracts awarded
- 65
- in 34 award notices
- Awarded value
- €69.9M
- from 63% of awards with a published value
- Winning companies
- 29
- with at least one award
- Public buyers
- 13
- hospitals, cities, agencies
Table view
| Nov–Dec 2023 | 6 |
| 2024 | 21 |
| 2025 | 20 |
| 2026 | 18 |
Table view
| Nov–Dec 2023 | €2.7M |
| 2024 | €24.3M |
| 2025 | €15.2M |
| 2026 | €27.8M |
Table view
| Electricity utilities | 44 |
| Police, fire services and prisons | 8 |
| Hospitals and health services | 8 |
| Cities, regions and central administration | 3 |
| Economic affairs | 2 |
- Latvija65LV00
Table view
| Latvija | 65 |
- Large companies
- Medium-sized
- Small
- SME (size not stated)
- Size not stated
Table view
| Large companies | 9 · 13.8% |
| Medium-sized | 14 · 21.5% |
| Small | 14 · 21.5% |
| SME (size not stated) | 1 · 1.5% |
| Size not stated | 27 · 41.5% |
- Poland4
- Bulgaria3
- China2
- Czechia1
- Germany1
- Lithuania1
Table view
| Poland | 4 |
| Bulgaria | 3 |
| China | 2 |
| Czechia | 1 |
| Germany | 1 |
| Lithuania | 1 |
- Under €2M turnover
- €2M–10M
- €10M–50M
- €50M and more
Table view
| Under €2M turnover | 5 · 33.3% |
| €2M–10M | 4 · 26.7% |
| €10M–50M | 5 · 33.3% |
| €50M and more | 1 · 6.7% |
Table view
| 2023 | €145M |
| 2024 | €159.3M |
| 2025 | €248.8M |
- Rīga58
- Jelgava3
- Aizkraukle1
- Jēkabpils1
- Jēkabpils novads1
- Limbaži1
Table view
| Rīga | 58 |
| Jelgava | 3 |
| Aizkraukle | 1 |
| Jēkabpils | 1 |
| Jēkabpils novads | 1 |
| Limbaži | 1 |
15 of 22 winning companies registered in Latvia have annual accounts in the open business registers; bands follow the EU SME turnover thresholds.
Imports: Eurostat Comext, customs headings 8504, 8501, 8503, 8502 (only headings whose trade is mainly this category); all buyers, not only public ones.
Awards to companies registered in Latvia
81.5%
12 awards went to companies registered elsewhere.
Share of the 5 biggest winners
38.5%
Of all awards; a high share means a concentrated market.
Lots with a single bid
4.6%
Among 65 awards whose notice states the number of tenders.
How we count: one award per procedure, lot and winning company, from live contract award notices; a joint procurement counts on every buyer's market. Values are the awarded amounts published in the notice (framework ceilings and estimates are never added), converted to euro at the ECB yearly average. Company size is the SME flag of the notice (eForms BT-165). Read the methodology.
The same category across Europe: all 30 countries compared →
Among the companies that win most often
- Sabiedrība ar ierobežotu atbildību "Energolukss"12 public contracts in total
- POWER ENGINEERING TRANSFORMATORY SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ10 public contracts in total
- ETD TRANSFORMÁTORY a.s.37 public contracts in total
- UAB "Ekobana"15 public contracts in total
- Sabiedrība ar ierobežotu atbildību "ELKO"11 public contracts in total
Where this industry meets in Latvia
- SPS – Smart Production SolutionsTrade fair · Nuremberg, Germany
- IFAM – Intronika – RoboticsTrade fair · Ljubljana, Slovenia
- E-world energy & waterTrade fair · Essen, Germany
- HANNOVER MESSETrade fair · Hanover, Germany
- The smarter E Europe (incl. Intersolar Europe)Trade fair · Munich, Germany
- Batteries EventConference · Lyon, France
Watch this market
One e-mail a week with the new public contract awards for electric motors, generators and transformers in Latvia: what was bought, by whom, who won. Free, no account needed.
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Which of these 29 companies could distribute your product?
A Cresques market map of Latvia for this category shows the companies that win these contracts: how often, for how many buyers and for how much, and whether the leading ones are distributors or manufacturers.
Open this market map — freeFree account, no card: one market map, showing the first 5 companies with their contract awards. Paid plans show every company.
After sign-in the new-market form opens with Latvia and Electric motors, generators and transformers filled in.
No account yet? Ask for a free preview.
One page by e-mail within one working day: three distributors that already win public contracts for this kind of product in the country you choose, each one checked (is it a distributor, or a manufacturer's own sales company?), with its contract record, and the price of the full shortlist. If we can find fewer than three, the reply says so.
Read how to enter the Latvia market.
Questions
- Who wins public contracts for electric motors, generators and transformers in Latvia?
- 29 companies won 34 contract award notices for these categories from 13 public buyers in Latvia since November 2023. The companies that win most often are Sabiedrība ar ierobežotu atbildību "Energolukss", POWER ENGINEERING TRANSFORMATORY SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ, ETD TRANSFORMÁTORY a.s., UAB "Ekobana", Sabiedrība ar ierobežotu atbildību "ELKO".
- How big is the electric motors, generators and transformers market in Latvia?
- In 2025, public buyers in Latvia awarded 20 supply contracts for electric motors, generators and transformers through award notices on TED; the 5 of them that state a value (25%) add up to €15.2 million, a floor rather than the full contract value. Latvia imported €249 million of goods in the customs headings matched to electric motors, generators and transformers in 2025 (Eurostat Comext, HS 8504, 8501, 8503 and 8502; all buyers, not only public ones), up 71.5% from 2023.
- Where do suppliers of electric motors, generators and transformers meet buyers and distributors in Latvia?
- At trade fairs and congresses such as SPS – Smart Production Solutions, IFAM – Intronika – Robotics, E-world energy & water, HANNOVER MESSE, The smarter E Europe (incl. Intersolar Europe), Batteries Event — each checked on the organiser's official website.
- How do I find a distributor for electric motors, generators and transformers in Latvia?
- Create a free Cresques account and open the market map for Latvia and this category. It shows the companies that win public contracts there, how often, for how many buyers and for how much: the first 5 on the Free plan, every company on a paid plan. Where the data exists, the map also shows wholesalers from the business register, import figures and the industry's trade fairs.
Sources: contract award notices on TED — Tenders Electronic Daily (ted.europa.eu), © European Union, published since November 2023, processed by Cresques (one award per procedure and lot); imports: Eurostat, international trade in goods (Comext), © European Union — only the customs headings whose trade is mainly this category, chosen by Cresques.