In 2024, Stiga RM and its five associated companies recorded a consolidated turnover of approximately €97 million. The group’s EBITDA exceeded €20 million, reflecting steady profitability despite fluctuating market conditions. The companies employ over 600 people across Kurzeme and Zemgale regions and contributed around €9 million in taxes to the national budget. A substantial investment program was carried out in 2024, with total capital expenditures reaching €37 million. Key projects included modernization and expansion of the Kuldīga birch plywood factory, which incorporated new production spaces and energy-efficient technologies. These efforts aim to increase production capacity and ...