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Latvijas Finieris

Riga, Latvia
Ownership
Private
Employees
~2500
Development stage
Other
01

Overview

Latvijas Finieris is a prominent Latvian wood processing company and a global leader in birch plywood production, primarily operating under the brand name Riga Wood. While its core business serves the construction and industrial sectors, the company has strategically diversified into the life sciences through the extraction of high-value bioactive compounds from birch bark. Its dedicated extraction facility produces pharmaceutical-grade betulin and suberin, which are utilized in the development of anti-inflammatory, anti-viral, and cholesterol-lowering products. By leveraging its vast forestry resources, Latvijas Finieris provides raw materials for the pharmaceutical, cosmetic, and nutraceutical industries. The company is recognized for its commitment to the circular economy and its collaboration with research institutions to advance wood-based chemical applications.

Therapeutic areas
CardiovascularImmunologyDermatology
Modalities
Small molecule
Industry
Biotech
02

Partnerships

Latvian Institute of Organic SynthesisLatvian State Institute of Wood Chemistry

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