HS Timber Group
- Company typePrivate
- Founded2002
- HeadquartersVienna, Austria
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
HS Timber Group firmographics
Firmographics- Name
- HS Timber Group
- Legal name
- HS Timber Group GmbH
- Website
- https://hs.at
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
HS Timber Group industry classification
Industry- Product category
- Sawn Timber and Engineered Wood Products
- NAICS
- Sawmills (321113), Engineered Wood Member Manufacturing (321215), Sawmills and Wood Preservation (3211), Wood Product Manufacturing (321)
- SIC
- Sawmills & Planting Mills, General (2421), Millwood, Veneer, Plywood, & Structural Wood Members (2430), Lumber & Wood Products (No Furniture) (2400)
- akta.pro primary industry
- Sawmilling & Lumber Production (IMADADAA)
- akta.pro secondary industries
- Mass Timber & Structural Engineered Wood (CLT, Glulam, NLT/DLT) (IMADADAC), Mass Timber Panels & Components (DLT, NLT, Hybrid Panels) (IMAMACAG), Wood Remanufacturing (Mouldings, Millwork Blanks, Cut Stock) (IMAMABAI)
Keywords
Where HS Timber Group is headquartered
LocationHeadquarters
- HQ city
- Vienna
- HQ country
- Austria
- HQ region
- Europe
Offices12 records
Markets served
HS Timber Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Timber Products Sales: Sale of sawn timber (Central European, Nordic, South American), glued timber, edge-glued panels, shuttering panels, blockboards, and pellets to commercial and industrial customers worldwide.
- Wood Processing Services: Further processing services including planing, cutting, and treatment of timber products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B enterprise pricing - Custom quotes based on volume and specifications |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
HS Timber Group product offering
Product offeringCore offering
HS Timber Group is an industrial wood processing company that manufactures and sells sawn timber (Central European, Nordic, and South American), glued timber products, edge-glued panels, shuttering panels, blockboards (Tischlerplatten), and wood pellets. The company operates eight global production sites producing chamber-dried sawn timber and engineered wood products for commercial and industrial customers across 80 markets. The company also operates the Timflow GPS traceability and due diligence platform for regulatory-compliant timber supply chain monitoring.
Product overview
HS Timber Group is a leading Austrian wood processing company operating as a multi-facility industrial manufacturer of wood products. The company operates a vertically integrated portfolio spanning the entire wood processing value chain: from sawlog procurement and sawmill operations producing sawn timber, to further processing into glued timber, panels (blockboards, edge-glued panels, shuttering panels), and pellets. The product portfolio includes three regional sawn timber lines (Central European, Nordic, and South American), five engineered wood product categories, and pellets. Key production facilities include sawmills in Romania (Rădăuți, Reci, Comănești), Germany (Kodersdorf), Finland (Luvian Saha), Latvia (Vika Wood, Kurekss), and Argentina (Acon Timber), with around 3,000 employees across 8 global production sites serving customers in 80 markets worldwide. Recent acquisitions of Vika Wood and Kurekss in Latvia (2025) and Malå Såg AB in Sweden (pending) have expanded the company's Nordic and Baltic presence.
Differentiator
Problem solved
Functional benefit
Brands
- Timflow: GPS tracking and traceability system for timber transport monitoring
- Vika Wood
- Luvia
- Kurekss
- Kurzemes Granulas
- HS Baco Panels
- Acon Timber
- DABG
- Evergreen Prize
Products and services
- Central European Sawn Timber Products Sawn timber products sourced and processed from Central European forests, supplied to commercial and industrial customers for construction and industrial applications.
- Nordic Sawn Timber Products Sawn timber products from Scandinavian northern pine species processed at Nordic sawmills including Luvian Saha Oy in Finland and the recently acquired Malå Såg AB in Sweden, supplied to commercial and industrial customers across 30+ countries.
- South American Sawn Timber Products Sawn timber products sourced and processed from South American operations including the Acon Timber sawmill in Argentina, supplied to commercial and industrial customers globally.
- Glued Timber Products Engineered glued timber products including structural beams and laminated components made from joined wood pieces, used in construction applications.
- Edge-Glued Panels Edge-glued panels produced by joining smaller wood pieces along their edges, used for furniture manufacturing and interior applications by industrial customers.
- Shuttering Panels Formwork panels for concrete construction, designed for repeated use in building applications by construction industry customers.
- Blockboards (Tischlerplatten) Blockboard panels produced at the HS Baco Panels facility in Comănești, Romania, one of the world's largest blockboard factories, used for furniture manufacturing and construction applications.
- Wood Pellets Wood pellets produced as a byproduct of sawmill operations and through dedicated pellet facilities including Kurzemes Granulas SIA in Latvia, sold for heating and energy production to commercial and industrial buyers.
Quantifiable outcome
- Malå Såg AB production capacity will increase to up to 340,000 m³ annually under HS Timber ownership
- +2 more outcomes
Companies that use HS Timber Group
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
HS Timber Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
HS Timber Group partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered major, core, flagship and minor.
- Setra Trävaror AB / Setra Group ABmajorSwedish sawmill operator Setra Trävaror AB (subsidiary of Setra Group AB) agreed to sell Malå Såg AB to HS Timber Group. Transaction pending regulatory approval. Malå Såg is a Swedish sawmill specializing in northern pine products with production capacity up to 340,000 m³ annually.
- Nextwood OnecoreLatvian subsidiary entity of HS Timber Group through which the group acquired Kurekss SIA following Latvian Competition Council approval.
- Jānis and Arnis Apsītis (Kurekss owners)majorFormer owners Jānis and Arnis Apsītis sold 100% of Kurekss SIA and subsidiary Kurzemes Granulas SIA to HS Timber Group. Transaction approved by Latvian Competition Council. Kurekss is a leading Latvian wood processing company with 250,000 m³ capacity. Existing management team continues operations.
- Kurzemes Granulas SIAcoreSubsidiary of Kurekss SIA, operating as a wood pellet manufacturer. Included in acquisition from previous owners. 100% owned by HS Timber Group following acquisition.
- Bergs Timber ABmajorSwedish company Bergs Timber AB sold 100% of Vika Wood SIA to HS Timber Group. Transaction approved by competition authority. Vika Wood is a leading sawmill near Talsi, Latvia with capacity of 300,000 m³ chamber-dried sawn timber. Brand, management, and business activities of Vika Wood remain unchanged under new ownership.
- Evergreen PrivatstiftungflagshipEvergreen Private Foundation organizes the EUR 300,000 Evergreen Prize for Innovation research program under its patronage. HS Timber Group hosts the annual award ceremony at Vienna City Hall, promoting sustainable wood innovation. Foundation also sponsors educational projects including Nanoro campus in Burkina Faso.
- PEPCcoreDevelopment organization facilitating the social entrepreneurship project in Tanzania involving poultry farm expansion for community support.
- ICEPcoreExperienced development organization managing implementation of the vocational school campus project in Nanoro, Burkina Faso under patronage of Evergreen Privatstiftung.
- ACC/DI KleinminorArchitectural office working in close coordination with the mayor of Nanoro for the vocational school campus construction project.
- Missionaries of the WordminorCharity organization founded by Father Xavier Arul Raj that provides shelter, food, and care for underprivileged children in India. Supported Azad Ali Mirza's education and development.
- ZUKI (Zukunft für Kinder - Future for Children)minorInitiative founded by Austrian volunteers supporting Azad Ali Mirza and other children with education, nutritious meals, and medical care in Kolkata, India from 2005 to 2018.
- DABG GmbHcoreDABG is a trading company within the Evergreen group that supports Africa and Middle East sales for HS Timber Group products. Operates CSR activities in Africa including Ethiopia and Tanzania.
Scale indicators10 records
Recent moves8 records
Expansion highlights7 records
HS Timber Group competitors and assessment
Company assessmentDirect peers
- Setra Group AB: Swedish sawmill operator and a direct competitor in Nordic sawn timber; Setra recently sold Malå Såg AB to HS Timber, evidencing close comparability in product mix (red pine sawn timber) and customer base.
- Bergs Timber AB: Swedish timber processor and former owner of Vika Wood SIA, sold to HS Timber in January 2025; operates softwood sawmilling and further processing in the Baltics/Sweden, making it a near-direct peer in production profile.
- Binderholz: Austrian family-owned sawmill and engineered wood producer (CLT, glulam, sawn timber, pellets) operating across Austria, Germany, Finland and the Baltic states—directly comparable to HS Timber in product portfolio, geographic reach and B2B customer focus.
- Mayr-Melnhof Holz: Austrian sawmill group (Mayr-Melnhof) producing sawn timber, glued laminated timber and pellets in Austria and neighboring countries; closest peer in terms of Austrian-headquartered industrial sawmilling with engineered wood value-add.
- Klausner Group: Austrian/German sawmill operator with multi-site production of sawn timber, pallets and wood products; comparable to HS Timber in Central European industrial sawmilling footprint and customer mix.
- Pfeifer Group: Austrian family-owned timber company producing sawn timber, glued laminated timber and pallets across multiple European sites; competes with HS Timber in Central European construction and industrial B2B channels.
Broad incumbents
- Stora Enso: Nordic integrated forest products giant with extensive sawmilling, engineered wood (CLT) and biomass operations across Europe; broader portfolio than HS Timber but directly overlapping in Nordic sawn timber and value-added wood products.
- Metsä Group: Finnish forest industry group with significant Nordic sawn timber production (Metsä Fibre / Metsä Wood) competing head-to-head with Luvian Saha; broader portfolio but directly comparable in Nordic softwood sawmilling.
- UPM-Kymmene: Finnish forest products and bioenergy major with European sawn timber and engineered wood activities; overlaps with HS Timber in Nordic and Baltic softwood supply and bioenergy/pellets.
- SCA (Svenska Cellulosa Aktiebolaget): Swedish forest owner and sawmill operator (SCA Timber) producing Nordic sawn timber for European and global markets; broader forest/pulp/paper portfolio but direct overlap with HS Timber's Nordic timber lines.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
HS Timber Group social profiles
Digital presenceHS Timber Group compliance and trust
Trust signalCompliance7 records
HS Timber Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
HS Timber Group leadership team
Management profileNumber of profiles
Profiles18 records
HS Timber Group subsidiaries and ownership
Company hierarchySubsidiaries12 records
HS Timber Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HS Timber Group M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HS Timber Group
What does HS Timber Group do?
HS Timber Group is an industrial wood processing company that manufactures and sells sawn timber (Central European, Nordic, and South American), glued timber products, edge-glued panels, shuttering panels, blockboards (Tischlerplatten), and wood pellets. The company operates eight global production sites producing chamber-dried sawn timber and engineered wood products for commercial and industrial customers across 80 markets. The company also operates the Timflow GPS traceability and due diligence platform for regulatory-compliant timber supply chain monitoring.
Is HS Timber Group a public or private company?
HS Timber Group is a private company. It is classified as unknown and is currently operating.
When was HS Timber Group founded?
HS Timber Group was founded in 2002. It employs 1,001 to 5,000 people.
Where is HS Timber Group based?
HS Timber Group is headquartered in Vienna, Austria, in the Europe region.
How does HS Timber Group make money?
Two revenue lines are on record. Timber Products Sales are the primary driver. The others are wood Processing Services.
Who are HS Timber Group's main competitors?
Direct peers on record are Setra Group AB, Bergs Timber AB, Binderholz, Mayr-Melnhof Holz, Klausner Group and Pfeifer Group. Broad incumbents are Stora Enso, Metsä Group, UPM-Kymmene and SCA (Svenska Cellulosa Aktiebolaget).
Does HS Timber Group have an API?
No public API is recorded for HS Timber Group.
What industry is HS Timber Group in?
HS Timber Group's product category is Sawn Timber and Engineered Wood Products. Its primary akta.pro industry code is IMADADAA, Sawmilling & Lumber Production, with a secondary code of IMADADAC, Mass Timber & Structural Engineered Wood (CLT, Glulam, NLT/DLT). Its NAICS code is 321113 and its SIC code is 2421.