In 2024, Estonia’s timber industry recorded a year of stabilization after several years marked by volatility in both domestic and international markets. Leading companies maintained revenue growth, driven primarily by sawmills, which accounted for the bulk of the sector’s expansion. Viiratsi Saeveski AS topped the list with a turnover of €44.14 million, representing a 23.7% increase from the previous year, while Toftan AS, with a turnover of €109.4 million, posted a modest 0.4% rise. Vara Saeveski OÜ reported €35.9 million in revenue, down 10.9%, reflecting fluctuations in production costs and market demand ...