In 2021, the three Latvian companies working under the ZAZA TIMBER brand increased their activity in export markets, tripling the turnover and improving profit indicators. The total turnover of the companies in 2021 reached 5.54 million euros (in 2020 – 1.82 million euros).
In 2021, ZAZA TIMBER Production SIA, a manufacturer of glulam structures, doubled its turnover from 1.3 million euros in 2020 to 2.63 million euros in 2021. The company ended the year with a profit of 290 thousand euros, as opposed to a loss of 428 thousand euros a year earlier. In 2021, the company manufactured and supplied glulam structures for the construction of bridges, office and industrial buildings, schools, recreational complexes, sports halls and EV charging stations – in Norway, Denmark, the Baltic States, Italy, Spain, South Korea, Qatar, Germany. At its production facility in the Jelgava region in Latvia, the company manufactures large-format straight and curved structures with a length of up to 32 meters, performs high-precision CNC processing and other services needed for the delivery of prefabricated structures.
In 2021, the company received the FSC certificate and the ISO 9001:2015 quality management certificate.
The turnover of the design company ZAZA TIMBER Engineering SIA increased by 33% in 2021 and was 148 thousand euros. The company ended the year with a profit of 383 euros, as opposed to a loss of 79 thousand euros a year earlier. In 2021, the company’s team of designers worked on several projects of timber bridges, industrial and office buildings in Latvia, as well as on projects of office and residential buildings in Sweden and Norway.
The turnover of ZAZA TIMBER Construction SIA, which specializes in the assembly of timber structures, increased to 2.76 million euros in 2021, which is almost six times more than in 2020. The company ended the year with a loss of 142 thousand euros, explained by the offloading of a non-core asset from the balance sheet. The company’s biggest construction projects in Latvia were the construction of the scientific laboratory building of the Latvian University of Life Sciences and Technologies, and outside Latvia – the construction of a network of EV charging stations in Denmark and Norway commissioned by the Danish electric vehicle charging and mobility solution company CLEVER. The ultra-fast charging station in Frederiksberg, Copenhagen was awarded the Danish car industry annual award in the category “Event of the Year 2021”. The architectural concept and the use of renewable resources in construction of this station reflect “green” thinking.
In 2021, the company registered branches in Sweden and Norway and started work on the implementation of ISO 9001:2015 quality management processes, which was completed this year.
Māris Peilāns, chairman of the management board of ZAZA TIMBER production and construction companies, says:
“We are interesting to developers and construction companies worldwide with our specialization, competence and complex services. In our factory, we meet the customer’s manufacturing needs in all their complexity and diversity, aiming to deliver prefabricated structures, so that construction is as simple as assembling a Lego set. For clients with a project in the architect’s vision stage, we are advantageous as a one-stop shop for several important stages of construction, as our design, manufacturing and assembly teams work well together and complement each other. It’s easier for the client, the project moves faster, and money is saved.”
The ZAZA TIMBER (www.zazatimber.lv) brand was created in 2021 to promote the growth of the companies it represents in export markets. Until then, the companies represented by the brand worked under different names – IKTK, Rodentia, Igate Būve. The letters A and Z in the word ZAZA TIMBER indicate a full spectrum of services – from the design of timber structures to assembly. The beneficiaries of ZAZA TIMBER brand companies are Baiba Radžele and Eva Peilāne, the companies employ 60 people.
Head of Brand and Communications at ZAZA TIMBER
m. +371 26124824