SIA "Timbro" Revenue Increases Fivefold – Aiming to Double Turnover Next Year

The Cēsis forestry company SIA "Timbro" has experienced rapid growth over the past year – its revenue has increased fivefold, reaching approximately 45 million euros. This result highlights the company’s dynamic development and successful expansion in the forestry and timber trade sector.

This year, the company plans to exceed its total group turnover, which could surpass 50 million euros – a significant leap compared to the 8 million euro turnover of the previous year.

“Next year, our goal is to double our turnover, reaching 100 million euros,” reveals the company’s management. “The planned growth is based on both the development of existing business areas and the exploration of new opportunities.”

The company continues to strengthen its core business areas, including logging and timber trade, while seeking new paths for development. “An important aspect of our strategy is investing in equipment and property acquisition,” note "Timbro" representatives. “New logging machinery and vehicles allow us to increase efficiency and improve the quality of services for our clients.”

In addition to physical resources, the company emphasizes professional development for its employees and the advancement of IT infrastructure. These investments not only optimize work processes but also ensure a higher level of service and partner satisfaction.

With ambitious goals and strategic investment plans, SIA "Timbro" continues to solidify its position in the Latvian forestry market and prepares for new achievements in the coming years.