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Improving individual and workforce productivity holds the key to achieving significant improvements in business performance in a tough economic climate. Organizations need to adopt a holistic approach to improving the productivity of key employees, addressing factors that impact performance at the individual, workforce and enterprise level. Only in this way can the workforce be aligned to the business strategy to further drive benefits to the bottom line.

This study focuses specifically on labor productivity, defined as revenue produced per full-time employee or full-time employee equivalent in 2009. This study covers companies, based in Lithuania, Latvia and Estonia.

If your organization made this list of #1 companies, CONGRATULATIONS!  The winners are companies, with well-trained, knowledgeable and flexible employees, who operate more efficiently, seize market opportunities more readily and weather economic downturns more effectively. These companies have figured out that the overall performance of a business equals the sum of the performances of all its individual workers.

The winners Baltics Most Productive Companies 2010:

Agrovet, UAB
AMG Eksports SIA
Baltenergotrade SIA
Balticovo AS
Baltijas Sporta auto SIA ir Auto Group Baltic SIA
Bestra Engineering AS
BLRT Grupp AS
Friends Textile OÜ
IMETA ir Ko, UAB
Kaamos Ehitus OÜ
Latgran SIA
Latvijas Neatkarīgā Televīzija AS
Livonia Print SIA
MarkIT Baltija, UAB
Mazeikiu Nafta Trading House OÜ
Mestilla, UAB
Neste Lietuva, UAB
Nordea Bank Finland Plc
Norpe Eesti OÜ
Olifėja, UAB
Pro Logistic Services SIA
Roche Latvija SIA
SICOR Biotech, UAB
Star Communications Worldwide, UAB
Swedbank gyvybės draudimas, AB
Swedbank Līzings SIA
Taastava Kirurgia Kliinik AS
Tele2
Tez Tour, UAB
TRADINTEK SIA
Ventall Termināls SIA