LATVIJAS VALSTS MEZI

What LATVIJAS VALSTS MEZI does

AS Latvijas valsts meži (LVM) is a state-owned joint-stock company, 100% held by the Republic of Latvia through the Ministry of Agriculture, that manages 1.61 million hectares of state-owned land — including 1.59 million hectares of forest — representing more than half of Latvia's territory. The company was established in 1999/2000 with a mandate to preserve and grow forest value while generating maximum returns for the state, and it operates as the sole statutory manager of these assets. Functional operations span sustainable timber harvesting and PEFC-certified wood product sales; production and sale of forest seedlings and seeds from three nurseries (Kalsnava, Jelgava, Strenči) at a run-rate exceeding 30 million seedlings per year; mineral extraction (sand, gravel, crushed stone) through the LVM Zemes dzīles sub-brand; free public recreation across 300+ sites managed under the Mammadaba / LVM Atpūta brand, anchored by the Kalsnava Arboretum and the Tērvare Nature Park; and ancillary revenue from land rental and arboretum fees.

The technology stack centers on the proprietary LVM GEO geospatial platform — delivered as a public web portal (lvmgeo.lv) and mobile apps on iOS and Android — which provides interactive forest mapping, recreation site data, and live wildlife cameras. LVM complements this with a big-data analytics system for automated harvest planning, ongoing LiDAR-based pipelines for CO2 sequestration accounting, and BGK data post-processing solutions. Certifications cover PEFC Forest Management across 8 Latvian regions, PEFC chain of custody (BMCERT-PEFC-COC-00015), ISO 9001 (quality), ISO 27001:2022 (information security for e-commerce wood sales), ISO 50001 (energy management) and ISO 17025 (mineral testing laboratory), plus GDPR and EUDR compliance. These certifications are required to sell timber into EU markets and to qualify for government and EU conservation funding.

Commercial activity is split between a B2B channel (timber and wood-product contracts negotiated directly with processing companies, conducted through the e-lvm.lv partner portal) and a B2C/government channel (recreation fees, arboretum admissions, nursery sales to private forest owners, and donated/municipal outreach such as the June 2024 gift of 40,000 seedlings to Ukraine). Educational and engagement programs — Latvijas Meža dienas (16,000+ visitors in 2026), LVM Bioekonomikas skola, Mežotājs research competition, and the Skolas mežs program — reach 20,000+ students annually and reinforce the company's "Greenest Brand in Latvia" position it has held for eight consecutive years. Recent material developments include the June 2026 ransomware incident that encrypted LVM infrastructure and compromised approximately 7,000 employee passwords, and the co-development of Saeima (Parliament) election IT systems alongside LMT and Tet — an unrelated but strategically significant new vertical activity.

Name

LATVIJAS VALSTS MEZI

Legal name

Akciju sabiedrība "Latvijas valsts meži"

Website

https://lvm.lv

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

State-owned Latvian forestry enterprise (AS Latvijas valsts meži) managing 1.61 million hectares of state forest on behalf of the Ministry of Agriculture, supplying PEFC-certified timber, ~30 million seedlings/year, mineral materials, and public recreation services across Latvia.

Ownership category

akta.pro rank

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Timber and Wood Products Sales: Primary revenue stream from sustainable harvesting and sale of timber from state forests. Operations include wood product manufacturing and sales through certified supply chains.
2. Forest Seedlings and Seeds: Production and sale of forest tree seedlings and seeds from nurseries (Kalsnava, Jelgava, Strenči) for forest regeneration and forest owners
3. Mineral Extraction (Zemes dzīles): Extraction and sale of mineral materials including sand, gravel, and crushed stone from state land for construction purposes
4. Recreation Services: Revenue from arboretum entrance fees, campsite fees, event venue rentals, and guide services at recreational facilities
5. Land Rental: Rental income from leasing state forest land for various purposes

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

No detailed description of the company's core offerings was provided in the supplied source content.

Product overview

AS Latvijas Valsts Meži operates as a vertically integrated state-owned forestry enterprise managing 1.61 million hectares of Latvian forest land. The portfolio consists of a core platform architecture with several distinct business lines: LVM GEO provides geospatial mapping and analysis services; LVM Sēklas un stādi operates tree nurseries producing over 30 million seedlings annually; LVM Zemes dzīles handles mineral resource extraction; and LVM Atpūta manages over 300 free recreation sites including the Kalsnava Arboretum and Tērvare Nature Park. Educational initiatives include the annual Latvijas Meža dienas festival, LVM Bioekonomikas skola scholarship program, Mežotājs student research competition, and Skolas mežs school forest program. Environmental projects include LIFE GOODWATER IP for water ecosystems and LIFE-IP LATVIANATURE for bog restoration. The company also supports forest conservation education through the Cūkmens mascot campaign and maintains online monitoring cameras for public wildlife viewing.

Differentiator

Problem solved

Functional benefit

Brands

• LVM GEO: Geospatial platform and map service for forest management and navigation
• LVM Sēklas un stādi
• Mammadaba / LVM Atpūta
• LVM Zemes dzīles

Quantifiable outcome

• Plants approximately 29-30 million tree seedlings annually
• +3 more outcomes

Named customers4 records

Segments4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature4 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Latvijas Mobilais telefons (LMT) and TetcoreStrategic or Co-development Partner · 17 June 2026Three state-owned companies (including LVM) jointly developing Saeima election IT systems after previous contractor RI X Technologies contract termination.
• Valsts digitālās attīstības aģentūracoreStrategic or Co-development Partner · 17 June 2026Government agency overseeing Saeima election IT system development, working with LVM, LMT, and Tet on election infrastructure.
• Dobeles novada pašvaldībacoreStrategic or Co-development Partner · 22 May 2026Co-organizer of Latvijas Meža dienas festival in Tērvete, providing venue and local support for the largest forestry event in the Baltic States.
• Over 100 Forest Industry OrganizationsminorStrategic or Co-development Partner · 22 May 2026Partners in annual Latvijas Meža dienas festival providing educational stations, activities, and demonstrations related to forestry, wood processing, and environmental education.
• Vivi (AS Pasažieru vilciens)coreStrategic or Co-development Partner · 29 April 2026Joint initiative to name electric trains after forest-related terms and promote outdoor recreation accessible by train. Collaboration includes creating tourism maps linking train stations to LVM recreation sites. First four trains named: bite (bee), apodziņš (pygmy owl), priede (pine), egle (spruce).
• AS Latvijas FinieriscoreStrategic or Co-development Partner · 15 April 2026Co-organizer of LVM Bioekonomikas skola scholarship competition and Latvijas Meža dienas educational activities. Partner in robotics demonstrations and bioeconomy education initiatives.
• LU Starpnozaru izglītības inovāciju centrs (LU SIIC)minorStrategic or Co-development Partner · 26 March 2026Co-organizer of Mežotājs research competition for 8th-9th grade students, providing educational methodology and student engagement.
• Klimata un enerģētikas ministrijacoreStrategic or Co-development Partner · 20 March 2026Co-initiator of bioeconomy education theme 'Ķer oglekli kokā' (Catch carbon in trees) for 2026 competitions and initiatives.
• Latvijas Valsts mežzinātnes institūts SilavacoreStrategic or Co-development Partner · 27 February 2026Research partner for bioeconomy expedition and LVM Bioekonomikas skola activities. Collaborates on forest research, climate impact assessment, and carbon sequestration studies.
• Latvijas Valsts koksnes ķīmijas institūtscoreStrategic or Co-development Partner · 27 February 2026Research partner for bioeconomy education programs. Participates in LVM Bioekonomikas skola activities showcasing wood chemistry research.
• Latvijas Bioloģijas skolotāju asociācijaminorStrategic or Co-development Partner · 19 February 2026Co-organizer of courage hikes in darkness for teachers, combining forestry expertise with biology education.
• Ukrainas vēstniecība LatvijāminorGTM or Marketing Partner · 3 June 2024LVM donated approximately 40,000 pine and spruce seedlings for Chernihiv region park restoration in Ukraine. Donation arranged through Ukrainian Embassy in Latvia.
• Dabas aizsardzības pārvaldecoreStrategic or Co-development Partner · 1 January 2024EU co-funded project partner for LIFE-IP LATVIANATURE and Purvu ekosistēmu atjaunošana ĪADT (bog ecosystem restoration in protected areas 2024-2029).

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Sodra: Swedish forest industry cooperative owned by approximately 52,000 private forest members. Comparable as a large-scale certified timber supplier in Northern Europe with vertically integrated operations, though organized as a cooperative rather than state body.
• Stora Enso: Finland- and Sweden-based global forest products company owning significant forest assets and integrated pulp, paper, and biomaterials operations. Comparable as a large Nordic forest owner and wood product supplier but privately focused rather than a state body.
• UPM-Kymmene: One of the largest private forest owners and forest products companies in Finland with operations across Europe. Comparable in timber harvesting, forest regeneration, and certification practices but with a broader industrial downstream focus.
• SCA (Svenska Cellulosa Aktiebolaget): Swedish forest products company owning approximately 2.6 million hectares of forest land. Comparable as a large-scale forest owner and certified timber supplier, though commercially rather than state-owned.

Direct peers

• Sveaskog: Sweden's state-owned forestry company, managing approximately 3.9 million hectares of productive forest land. Closest comparable by business model, ownership structure, and mandate of balancing commercial harvesting with public-good objectives, only at a larger scale than LVM.
• Metsähallitus: Finnish state-owned enterprise managing state-owned forests and waters. Operates under a similar public mandate combining commercial timber sales, recreation, nature conservation, and biodiversity protection, mirroring LVM's structure in Latvia.
• RMK (Riigimetsa Majandamise Keskus): Estonian State Forest Management Centre, managing Estonian state forests and adjacent operations including timber sales, recreation, and forest regeneration. Direct Baltic peer with virtually identical mandate and customer base.

Regional players

• Ingka Investments: IKEA-related investment entity and now the largest private forest owner in Latvia at approximately 245,000 hectares after the Sodra acquisition. Direct regional competitor for forest assets and timber supply in LVM's home market.
• Latvijas Finieris: Latvian plywood manufacturer and existing LVM partner in bioeconomy education and Saeima election IT development. Comparable as a Latvian wood-processing customer and partner that consumes LVM-certified timber in the same regional market.

Emerging players

• Bergvik Skog: Swedish large-scale forest owner managing approximately 2.3 million hectares across the Baltic region. Comparable as a sizable certified timber supplier active in Latvia and the Baltics, sitting between private and institutional ownership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key highlights7 records

Customer concentration

• Xx.com/Mammadaba
• YouTubeyoutube.com/@LVMSkolam
• Facebookfacebook.com/LatvijasValstsMezi
• LinkedInlinkedin.com/company/latvijas-valsts-mezi
• Instagraminstagram.com/latvijasvalstsmezi
• TikToktiktok.com/@latvijasvalstsmezi

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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

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