Ošukalns

SIA Ošukalns is a Latvian limited liability company founded on 15 July 1993. It began as a small forestry firm and over more than two decades developed into a multi-sector company. Its current business directions include wood processing, road construction, extraction of natural resources, real estate, trade in truck spare parts and rebuilding of truck trailers, and production of thermal and electric energy. The company is based in Jēkabpils, Latvia. Its founders and sole owners throughout its history are Aigars Nitišs, Ivars Dāboliņš and Aldis Buks, who also serve on its board and hold a controlling stake in the companies forming the Ošukalns Group. In early 2023 the company expanded abroad by acquiring the Finnish company Suomen Tervaleppä Oy. It has also invested more than EUR 2.8 million in energy efficiency improvements, including with EU co-financing for sawing lines in Jēkabpils.

SIA Ošukalns was founded on 15 July 1993. It initially operated as a small forestry firm. Over more than 20 years of activity, the company developed rapidly and established new sectors, becoming a multi-sector company. Its current business directions are wood processing, road construction, extraction of natural resources, real estate, trade in truck spare parts and rebuilding of truck trailers, and production of thermal and electric energy. The founders and sole owners throughout all years of the company's operation are Aigars Nitišs, Ivars Dāboliņš and Aldis Buks, who successfully manage the company and also serve on its board. These persons own a controlling stake in the companies forming the Ošukalns Group. In early 2023, SIA Ošukalns acquired the Finnish company Suomen Tervaleppä Oy, expanding its operations to Finland. The company has also invested more than EUR 2.8 million in energy efficiency improvements, including EU co-financed upgrades to sawing lines in Jēkabpils.

• SIA Ošukalns founded as a small forestry firm.

• Acquired Finnish company Suomen Tervaleppä Oy, expanding into Finland.

• Invested over EUR 2.8 million in energy efficiency, including EU co-financed sawing line upgrades.

Multi-sector Latvian company with forestry roots, expanding into energy efficiency and international markets.

• Wood processing

• Road construction

• Natural resource extraction

• Real estate

• Truck spare parts trade

• Truck trailer rebuilding

• Thermal and electric energy production

1. 1SIA “Ošukalns” official websiteosukalns.lv
2. 2Wikidata: Ošukalnswikidata.org