VigFi/ koki
Aerial view of pine woods
Latvian forest industry plan

Build a forest operating system, not a log-export business.

The strongest play is a Forest Umbrella: own selected anchor forests, but scale faster by controlling many more hectares through Meža pase, management mandates, verified tenders, EUDR passports and local field execution.

€2-5mpractical first capital range
10k+ hatarget under umbrella control
18 moproof window before fund/SPV
2026/27EUDR demand window for timber
Core thesis

Control decisions across forests before buying every hectare.

Full ownership is valuable, but too slow and capital-heavy as the only path. The platform should convert private owners into long-term managed hectares and verified timber liquidity.

01Owner lead

MezaTirgus intake, parcel claim, documents, photos, owner goal.

02Meža pase

Cadastral, stand, access, restriction, timber, EUDR and carbon fields in one profile.

03Field proof

Taksators, drone/photo evidence, contractor quotes and forester recommendation.

04Route decision

Manage, tender, thin, buy, finance, preserve, process or sell.

05Buyer market

Verified buyers bid on clean timber/property packs with compliance evidence.

06Recurring control

Annual owner report, alerts, regeneration journal and next-action plan.

Portfolio strategy

Buy the best. Manage the rest. Tender everything cleanly.

The defensible asset is decision control over forest hectares: parcel data, owner consent, field proof, buyer liquidity, compliance files and repeatable operations.

OwnAnchor parcels, adjacency, mispriced opportunities, strategic feedstock.
ManageAnnual plans, thinning, regeneration, alerts and owner reporting.
ComplyEUDR, document vault, traceability, buyer export packs and audit readiness.
UpgradeProcessing, residue use, carbon screening, local food and visitor products.
Revenue architecture

Eight money lines, one forest data relationship.

subscription + project margin

Forest management umbrella

Annual plan, valuation, thinning/final-cut planning, contractor procurement, regeneration and owner reporting.

seller fee + buyer premium

Cirsma tender desk

Package standing timber into comparable, verified tenders so buyers compete on evidence, not relationship opacity.

€99-299/report + buyer SaaS

EUDR Passport

Geolocation, harvest documents, photos, legal-origin trail, contractor records and export-ready timber packs.

asset growth + timber income

Anchor forest portfolio

Buy only top-scored parcels: under-documented, mispriced, adjacent, high future value or strategic feedstock.

higher added-value margin

Processing modernization

Acquire or partner with small processors: drying, planing, grading, CNC blanks, traceable components and specialty wood.

screening + MRV + upside share

Carbon/nature aggregator

Treat credits as optionality. Screen and aggregate parcels, then partner with a real methodology provider.

fee + interest + future supply

Forest-backed owner advance

Selective financing against future harvest or sale mandates, launched only after legal/title mechanics are proven.

brand margin + user growth

Forest food and visitors

Birch sap, honey, berries, mushrooms, seasonal visits and corporate gifts tied to source pages and Meža pase stories.

Capital plan

EUR 3m first version: enough to own proof, not enough to act like Ingka.

Use capital to build the operating system, local execution and selective ownership. The goal is proof of sourcing, trust, margins and repeatability before raising larger portfolio capital.

Anchor forest acquisitions€1.10m
Local ops and sales runway€500k
Platform, data, AI and Meža pase€450k
Tender, management and field working capital€450k
Carbon, nature and biochar pilots€200k
Processing diligence and options€200k
Community, visitors and buyer beta€100k
Forestry method

Selective cutting is a product choice, not a slogan.

The umbrella should optimize each stand for owner goal, ecology, regulation and economics. This builds a stronger brand than maximizing immediate cut volume everywhere.

default value builder

Thinning

Best first product for neglected private forests: improve retained-tree growth, create modest cash flow and keep the owner relationship.

use where stand structure supports it

Selective cutting

Good for mixed or uneven-aged stands, long-term owners, visitor value and recurring income. It still needs skilled marking and risk control.

rapid-response operating product

Sanitary cutting

Windfall, disease and pest events need alerts, fast field verification, buyer routing and clean documentation.

tool, not ideology

Clearcut

Can be rational for mature even-aged stands and regeneration economics, but it should not be the brand or the only profit model.

Remote AI operation

Run the company remotely, but never run the forest virtually.

AI can score parcels, generate reports, monitor risks, match buyers and keep documents clean. The business still needs a disciplined Latvian field layer, with every decision backed by evidence.

No money moves on a parcel until the evidence pack is complete.

Remote control tower

  • parcel scoring
  • buyer matching
  • EUDR pack generation
  • owner CRM
  • storm and price alerts

Local field network

  • lead forester
  • taksators
  • harvest contractors
  • transporters
  • legal/notary partners

Evidence standard

  • geotagged photos
  • map references
  • owner consent
  • quotes
  • recommendation and upload trail
Execution path

From Meža pase to investable forest platform.

0-90 days

Fix the control layer

Ship Meža pase v1, owner onboarding, buyer/service profiles, data cleanup and first EUDR report template.

3-6 months

Prove transactions

Run verified tenders, sign management contracts, appoint field partners and buy the first anchor parcels.

6-12 months

Scale the umbrella

Target 3,000-7,000 ha under management/tender mandate, build buyer subscription and launch selective-thinning packages.

12-18 months

Create investable proof

Own/options on 500-1,000 ha, 100+ verified company profiles, repeatable margins, evidence packs and investor reporting.

18-36 months

Move to fund/portfolio

Launch SPV/fund only after sourcing, field operations, buyer liquidity and compliance reporting are demonstrably repeatable.

Hard rules

Do not underwrite the base case on carbon quotas.

Private Latvian forest ownership does not automatically create EU ETS allowance income. Carbon, biodiversity and biochar can become upside after additionality, permanence, monitoring and verification are solved. EUDR, tenders, management contracts and processing upgrades are more bankable near-term revenue.