- CEO
- Aleksandrs Tralmaks
- Sector
- Non-energy minerals
- Industry
- Forest products
- Address
- Enebyberg Sweden
- IPO Date
- Jun 19, 2012
- Business
- Latvian Forest Co. AB is a Sweden-based forest investment and natural resource management company that acquires, consolidates, manages, and develops forestland and agricultural real estate across the Baltic region. Founded in 2009 and headquartered in Stockholm, Sweden, the company operates through wholly owned operating subsidiaries in Latvia and Lithuania that hold direct property titles and oversee regional field activities. Latvian Forest Co. AB provides comprehensive forestry and land asset solutions, which include: land acquisition and property aggregation, focusing on purchasing small and medium parcels of land to assemble large, contiguous, and cost-efficient commercial forest estates; sustainable silvicultural management, encompassing professional forest inventory planning, timber cruising, thinning, drainage maintenance, clearing, and long-term biological growth enhancement; commercial timber sales, offering standing timber felling rights, roundwood harvests, and industrial wood supplies to regional sawmills, pulp mills, and biomass energy producers; agricultural and rural real estate management, including leasing arable land and managing non-forest acreage; and strategic asset monetization, structuring consolidated forest property portfolios for long-term capital appreciation and institutional divestment. The company maintains extensive geographic operations across central and northeastern Latvia, including Vidzeme, Latgale, Kurzeme, Aluksne, and Rezekne, as well as targeted properties in Lithuania, primarily serving wood processing industries, timber buyers, and international institutional land investors. In recent corporate developments, the company transitioned the public listing of its Class B shares to the Nordic Growth Market under the ticker LATF.B from the Spotlight Stock Market to enhance liquidity and capital market presence. Additionally, the company initiated a strategic review to probe market interest for the potential divestment of its Baltic forest holdings to realize accumulated portfolio value, implemented share conversion procedures, and updated its annual harvesting quotas and forest valuation frameworks to optimize returns amid evolving European timber pricing and Baltic land market conditions.