Stiga RM Group, a prominent Latvian timber company, has achieved a significant milestone by exceeding EUR 100 million in turnover for the first time in its history. This record performance was reached in 2023, encompassing the revenues of Stiga RM and its five affiliated companies. The company attributes its success to increased demand and strategic expansion within the timber sector. This achievement underscores Stiga RM Group's strong position in the Baltic market and its growing international presence. Further details regarding the company’s financial performance and future plans are expected to be released shortly. The landmark revenue signifies continuous growth for the Latvian timber industry. This represents a substantial increase in revenue for the group.