Large state revenues from forests - Zeme un valsts
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Large state revenues from forests

In 2021, A/s “Latvijas valsts meži” recorded a turnover of 405 million euros, with the company's post-tax profit amounting to 112 million euros. This is confirmed by last year's consolidated report, which was approved at the company's general meeting of shareholders.

The joint-stock company “Latvijas valsts meži” paid 71.4 million euros to the state in dividends for the use of state capital, and nearly 18 million was paid in corporate income tax. This means that, in total, our state has received nearly one hundred million euros directly from the forest.

Large state revenues from forests

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