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Teigo Tamm

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LAESTI AS's activity report 2022

AS Laesti, established in 2008, is part of the international timber industry group Bergs Timber, which is listed on the Stockholm Stock Exchange. The main activities of AS Laesti are the production of sawn timber and wood processing products. The main sales target groups, in addition to Estonia, are European countries and Egypt. The net turnover for 2022 was 16.5 million euros, of which 78% was made up of sawn timber sales. 46% of AS Laesti's production was sold to the local market and 54% was exported. The largest export target country in the reporting year was Latvia. The net profit for the

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