What Stiga RM does

Stiga RM SIA is a privately held Latvian wood industry group founded in 1994 that operates a vertically integrated value chain from forest management through finished building products. The company manages over 13,000 hectares of FSC- and PEFC-certified Latvian forest, produces 100% birch plywood in six grades (W, F, S, BB, CP, C) at its modernized Kuldiga facility using Raute technology, manufactures wood wool cement board acoustic panels under the Sonablock brand at a new 4.5 million m²/yr Tukums factory opened in May 2026, and runs the largest timber truck fleet in the Baltic States and Scandinavia (60 trucks, 2.5 million m³ transported annually) through its subsidiary Stiga RM Transports. The group also operates a metal fabrication subsidiary (Stiga RM Metāls) that supplies approximately 30% of factory equipment internally.

The business serves B2B customers including architects, designers, construction professionals, furniture manufacturers, distributors, and major international buyers such as IKEA, with birch plywood exported to more than 50 markets and 98% of Sonablock acoustic panel production earmarked for export primarily to Scandinavia, Benelux, and Central Europe. Revenue mechanics are based on quote-based direct sales with multi-year contract cadences rather than published price lists, supported by an unusually broad compliance stack (FSC, PEFC, CE, CARB Phase 2, EPA TSCA Title VI with ULEF exemption, UKCA, E1 DE 2020, IKEA IOS-MAT-0181, Japanese F4, Kiwa) that acts as a market-access moat.

Underlying technology includes fully automated and robotic production lines with AI/computer-vision-based quality control developed via an active research collaboration with the Forest Industry Competence Centre. Recent capital deployment exceeds 56 million EUR across the Tukums WWCB plant, Kuldiga modernization, and a new Ogre plywood factory now under construction, financed through a mix of equity, OP Corporate Bank debt (12M EUR), and LIAA/ALTUM public support (4.5M EUR). The company is owner-controlled, with Andris Ramoliņš as owner and Chairman of the Board, and employs between 501 and 1,000 people across its operations.

Name

Stiga RM

Legal name

SIA Stiga RM

Website

https://stigarm.lv

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Stiga RM is a privately held Latvian vertically integrated wood products group manufacturing 100% birch plywood and Sonablock wood wool cement board acoustic panels, managing 13,000+ hectares of certified forest, and exporting to 50+ countries for B2B construction, architecture, and furniture customers including IKEA.

Ownership category

akta.pro rank

Product category

Engineered Wood Products (Plywood and Acoustic Panels)

NAICS

Hardwood Veneer and Plywood Manufacturing (321211), Engineered Wood Member Manufacturing (321215)

SIC

Millwood, Veneer, Plywood, & Structural Wood Members (2430), Wholesale-Lumber, Plywood, Millwork & Wood Panels (5031)

akta.pro primary industry

Hardwood Plywood & Decorative Panels Manufacturing (IMAMACAB)

akta.pro secondary industry

Engineered Wood Product Finishing, Coating & Overlay (Film-faced, HPL/LPL) (IMAMACAN)

Keywords

• Birch plywood manufacturing
• Wood wool cement boards
• Acoustic wall panels
• Forest management services
• Timber transportation logistics

Headquarters

HQ city

Tukums

HQ country

Latvia

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Infrastructure, Supply Chain, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Birch plywood manufacturing and sales: Manufacture and sale of 100% birch plywood in various grades (W, F, S, BB, CP, C) to global markets. Products sold to 50+ export markets including Scandinavia, Europe, and Japan. Serves sectors including construction, furniture manufacturing, and interior finishing.
2. Sonablock acoustic panel sales: Wood wool cement board (WWCB) acoustic panels sold under the Sonablock brand. Available in various thicknesses (15mm, 25mm, 35mm), colours, and edge finishes. Sold directly to architects, designers, construction companies, and through distributors. Production capacity of up to 4.5 million m² per year.
3. Forest management services: Full-cycle forest management including tree planting, harvesting, and sustainable forestry. The company manages over 13,000 hectares of land, most of which is forest, under FSC and PEFC certification. Services include timber harvesting, forest property assessment, and purchase of felling sites.
4. Roundwood (timber) transportation/logistics: Transportation of round timber using a fleet of 60 Scania and Volvo timber trucks and chip container trucks. The company transports 2.5 million cubic metres of round timber per year, serving the largest Latvian forest management companies and its own forest operations. Approximately one third of drivers are under 30 years of age, and average vehicle age is under 2 years.
5. Veneer log purchasing: Purchase of veneer logs (finierkluci) at company facilities in Kuldiga and 'Norupes Sawmill' in Ogre Municipality, with quality assessment by SIA VMF Latvia using automatic measuring and sorting lines.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Stiga RM manufactures and sells 100% birch plywood in W, F, S, BB, CP, and C grades (thicknesses 6.5–40mm) and Sonablock-brand wood wool cement board (WWCB) acoustic panels in 15mm, 25mm, and 35mm thicknesses for walls and ceilings. The company also provides full-cycle forest management on 13,000+ hectares of FSC/PEFC-certified Latvian forest, veneer log purchasing, felling-site acquisition services, and roundwood transportation through a 60-truck fleet. Customers include architects, designers, construction firms, furniture manufacturers, distributors, and enterprise buyers such as IKEA across 50+ export markets.

Product overview

Stiga RM is a Latvian wood industry group operating three integrated divisions: (1) Sonablock — a wood wool cement board (WWCB) acoustic panel brand launched in 2026, produced in a new factory in Tukums, Latvia, available in 15mm, 25mm, and 35mm thicknesses with various fiber sizes, colors, and installation systems for walls and ceilings; (2) Birch Plywood — 100% birch plywood manufactured in Kuldiga using Raute technology, offered in W, F, S, BB, CP, and C grades across a wide range of thicknesses (6.5–40mm) and standard sizes; and (3) Forest Management & Logistics — full-cycle forest management of 13,000+ hectares of Latvian forests, veneer log and felling-site purchasing, and roundwood transportation via a 60-truck fleet. The group controls the entire value chain from forest to finished product.

Differentiator

Problem solved

Functional benefit

Brands

• Sonablock: Wood wool cement board acoustic panels manufactured in Latvia, designed for sound absorption in walls and ceilings for public, commercial, and private spaces.

Products and services

• Sonablock Acoustic Panels (WWCB) Sonablock is a wood wool cement board acoustic panel line for walls and ceilings, manufactured in Latvia from mineralized spruce wood wool and Portland cement. Panels absorb sound, reduce echo, and improve speech intelligibility while providing fire resistance (B-s1,d0 and A2-s1,d0 per EN 13501-1). Available in 15mm, 25mm, and 35mm thicknesses with fibre widths of 1.0mm, 1.5mm, and 2.0mm, multiple colours including RAL 9010, 1015, 7035, 7004/7005, and 9011 plus custom RAL/NCS, and edge finishes (B5, B0, A24, B11, E24, C, D35). Sound absorption coefficient reaches αw 0.85 depending on thickness and installation height. Thermal conductivity averages λ 0.067 W/mK. Sold to architects, designers, construction companies, and distributors for offices, schools, restaurants, cultural venues, and public buildings.
• Birch Plywood (W, F, S, BB, CP, C grades) 100% birch plywood manufactured at the Kuldīga facility using Raute technology, offered in W Grade (unsanded), F Grade (sanded both faces), S Grade (unsanded, thicknesses up to 40mm), BB Grade (sanded, 1.5mm veneers), CP Grade (sanded, Grade III face with knot repairs), and C Grade (unsanded, Grade IV face with minor knot repairs). Available in thicknesses from 6.5mm to 40mm in standard sizes 1220×2440mm and 1250×2500mm, with waterproof WBP glue and perpendicular grain construction. Exported to 50+ markets for construction, interior and exterior finishing, furniture, packaging, and sports equipment applications. Certified to CARB Phase 2, EPA TSCA Title VI, E1 DE 2020, IKEA IOS-MAT-0181, Japanese F4, CE, UKCA, FSC, and PEFC standards.
• Forest Management Services Full-cycle forest management services managing over 13,000 hectares of Latvian forest land (most of which is forest) under FSC Well Managed Natural Forest Certification (license FSC-C118458) and PEFC Forest Management Certificate (license PEFC/12-23-014). Services include tree planting, timber harvesting, forest property assessment, acquisition of felling sites, and sustainable forestry following FSC principles. Provides the upstream raw material supply for Stiga RM's birch plywood and Sonablock acoustic panel production.
• Purchase of Felling Sites and Forest Properties Stiga RM purchases felling sites and forest properties throughout Latvia, offering full payment within one business day of contract signing. The company handles all paperwork up to Land Registry registration and provides professional forestry expert assessments. Targets private forest property owners and forestry investors seeking a reliable, certified buyer.
• Veneer Log Purchase Purchase of veneer logs (finierkļuci) — raw material for plywood production — at the Kuldīga factory (Meistaru iela 1) and Norupes Sawmill in Tīnūžu Parish, Ogre Municipality. Logs graded into A, B, and C quality classes with pricing per diameter class, measured on automatic sorting lines per LVS 82:2003 standard. Payment within 2–5 business days after measurement. Serves forestry contractors and timber suppliers as raw-material suppliers for the Kuldīga birch plywood mill.
• Roundwood Transportation Stiga RM Transports is the largest timber truck fleet in the Baltic States and Scandinavia, with 60 Scania and Volvo timber trucks and chip container trucks transporting 2.5 million cubic metres of round timber per year. Average vehicle age is under 2 years and approximately one third of drivers are under 30 years of age. Serves the largest Latvian forest management companies as well as Stiga RM's own forestry operations.

Quantifiable outcome

• Acoustic panels achieve sound absorption coefficient up to αw 0.85 depending on thickness and installation height
• +4 more outcomes

Named customers1 record

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• BILA (Denmark)coreTechnology or Integration · 8 November 2024Stiga RM signed a cooperation agreement with Danish automation company BILA, a leader in automation solutions development in Europe, for individual solution development, manufacturing, and installation of automation equipment for the WWCB acoustic panel factory. The cooperation agreement sum reaches nearly 3 million EUR. BILA's solutions are used by global companies such as Siemens, Carlsberg, and Orkla.
• Forest Industry Competence Centre (Meža nozares kompetences centrs)coreStrategic or Co-development Partner · 1 October 2024Stiga RM is implementing a research project 'Computer vision solution for wood wool cement board production quality improvement' under project No. 2.2.1.3.i.0/1/24/A/CFLA/001. Total project cost is 426,352.30 EUR with planned support of 249,710.38 EUR. Project duration is 24 months from October 2024 to September 2026.

Scale indicators11 records

Recent moves14 records

Expansion highlights7 records

Direct peers

• Latvijas Finieris: Latvia-based producer of birch plywood (Riga Veneer and Plywood mills). Closest direct peer to Stiga RM's birch plywood business, operating in the same Latvian/Baltic supply pool and competing for similar European export customers.
• Metsä Wood: Finnish birch and spruce plywood producer (Metsä Group). Direct competitor in European birch plywood, with similar Raute-technology-based manufacturing and similar B2B customer base across construction and furniture.
• Troldtekt: Danish manufacturer of wood-wool cement board acoustic panels — the closest direct competitor to Stiga RM's Sonablock brand, with established brand presence among European architects and overlapping target segments (offices, schools, public buildings).
• BAUX: Swedish producer of design-led wood-wool acoustic panels and acoustic tiles. Direct competitor in the premium WWCB acoustic-panel category, with strong Scandinavian design-channel relationships that overlap with Stiga RM's primary export markets.

Broad incumbents

• UPM-Kymmene: Large Finnish forest-industry group with plywood, engineered wood and forestry operations. A much larger incumbent in the same product categories (plywood, engineered wood) and a benchmark for European birch plywood export.
• Binderholz: Austrian sawn timber, plywood and engineered wood (LVL, glulam, CLT) producer. Comparable as a European vertically integrated wood-products group with multi-category manufacturing and export focus.
• Heraklith (Knauf Insulation): Established European WWCB acoustic and insulation panel brand owned by Knauf. A direct WWCB competitor with broader product portfolio, multi-country manufacturing footprint, and deeper construction-channel penetration than Stiga RM.
• Kronospan: Global engineered wood panels producer (particleboard, MDF, OSB, laminates). Comparable in scale and product breadth, with similar downstream construction and furniture customers, although focused on reconstituted panels rather than birch plywood or WWCB.

Regional players

• Sveaskog: Sweden's largest forest owner and timber supplier. Comparable on the upstream forest-management side of Stiga RM's business, serving similar Nordic/Baltic sawmill and plywood customers.
• SIA Vika Wood: Latvian birch plywood manufacturer and exporter, with similar product grades and European export orientation. A more direct regional competitor in the same Latvian birch plywood export pool.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/StigaRM.lv
• LinkedInlinkedin.com/company/stiga-rm-ltd
• Instagraminstagram.com/stigarm_lv
• TikToktiktok.com/@stigarm.lv

Compliance29 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stiga RM