2023 was a challenging year for the Estonian wood industry, significantly reducing the profits of industrial companies. Below are the top five companies that recorded the highest profits and losses among both primary and secondary wood processors. There were a total of 231 primary wood processors, or companies that process raw round timber, operating in Estonia in 2023, with 195 exceeding a turnover of €100,000. However, the sector has seen a sharp decline, with 21 fewer companies meeting this threshold compared to 2022. The total sales revenue for the industry in 2023 was €615.6 million, a ...
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