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Wood and Paper Industry, Sawmills, wood industry, software development services, Machine tools for wood processing

LOTUS TIMBER OÜ's activity report 2022

Introduction Lotus Timber OÜ was established on 17.03.2011. The company mainly produces planed timber. The main product groups are carcass, lining, terrace. In addition, the company offers services such as planing, drying, deep impregnation and painting of wood. Revenues, expenses and profit in 2022. Lotus Timber OÜ's sales revenue was 35.8 million euros (41.1 million euros in 2021). In 2022, sales revenue decreased by 12.9% compared to the previous financial year (increased by 88.2% in 2021). The share of exports in 2022 accounted for 39% of sales (57% in 2021). Operating expenses in 2022

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