Private company

Verems

Verems is a Latvian veneer sheets and wood-based panels manufacturer, founded in 1996.1 It is headquartered in Lejas Ančupāni.1 It employed 361 people in 2023.1 Its revenue was €55.5 million in 2023.1 It is part of Latvijas Finieris.1

Verems ir Rēzeknes speciālās ekonomiskās zonas sabiedrība ar ierobežotu atbildību, a/s "Latvijas Finieris" meitas uzņēmums, kas nodarbojas ar kokapstrādi.2 From the Latvian Wikipedia, CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jan 12, 1996Founded1
  • IndustryManufacture of veneer sheets and wood-based panels, sawmilling and planing of wood1
  • HeadquartersLejas Ančupāni, Latvia1
  • Legal formlimited liability company1

Corporate structure

Verems is part of a group headed by Latvijas Finieris. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

Subsidiaries and ownership

Parent company

Owners

From Wikidata.1

Employees over time

  • 20233611
  • 20223541

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Verems revenue by year155.5M EUR in 2023+11% since 2022
020.0M EUR40.0M EUR60.0M EUR2022: 49.8M EUR49.8M EUR20222023: 55.5M EUR55.5M EUR2023+11%
  • 202355.5M EUR1
  • 202249.8M EUR1

Net income

  • 20236.5M EUR1

Timeline

  1. Jan 12, 1996Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2