Division 02 covers forestry and logging. It has four groups: silviculture and other forestry activities (02.1), logging (02.2), gathering of non-wood forest products (02.3) and support services for forestry (02.4). Latvia is heavily forested, so the sector matters and a large share of timber is exported. A few large forestry companies work alongside many small logging contractors.
3,700 companies in Latvia are classified under NACE code 02.
No companies found for this NACE code.
NACE Rev.2/2.1, VID tax data 2022–2024
| # | Company | Total Revenue |
|---|---|---|
| 1 | Akciju sabiedrība "Latvijas valsts meži" | €604,784,512 |
| 2 | SIA "BONO" | €60,933,900 |
| 3 | SIA Timbro | €46,158,320 |
| 4 | SIA Ingka Investments Timber | €44,576,635 |
| 5 | "BILLERUD Latvia" SIA | €40,959,880 |
| 6 | SIA "KRAUZERS" | €34,448,081 |
| 7 | SIA "JUBERGS" | €29,524,339 |
| 8 | Akciju sabiedrība "PATA Strenči" | €27,873,217 |
| 9 | SIA "LIVO mežs" | €24,298,554 |
| 10 | SIA "Niedrāji MR" | €23,936,590 |