VELM

Wood processing and timber products for European parquet makers, construction buyers and packaging producers

Nová Bystrica, SlovakiaFounded 1994velm.skWebsite technologies

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Highlights

  • ProfitableFY2025 net profit €266k · RÚZ
  • New on EvolcAdded 2026-11-07

Recent signals

What changed at VELM in the last 6 months, newest first. Each line links to its public source.

  • 18 May 2026 Public contract · Won €72k public contract from LESY Slovenskej republiky, štátny podnik, Organizačná zložka OZ Horehronie: Kúpna zmluva crz.gov.sk
  • 15 May 2026 Public contract · Won €50k public contract from Slovenská inovačná a energetická agentúra*: ZMLUVA O POSKYTNUTÍ POUKÁŽKY A UŽÍVANÍ ZARIADENIA crz.gov.sk

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About VELM

VELM processes primarily coniferous timber, from log sawing through drying, planing and gluing to finished products. Its main product is a spruce parquet core for European manufacturers of wooden and three-layer floors; it also produces construction timber, pallet components, planed cladding, briquettes and wood chips.

The company is a Slovak family business founded in 1994 and based in Nová Bystrica. It processes timber from local forests and holds PEFC certification for wood from controlled, sustainably managed sources.

Product: Processes timber and manufactures parquet cores, construction timber, pallet components, planed cladding, briquettes and wood chips.

Financials

FY2025FY2024FY2023FY2022FY2021
Revenue€2.5M€2.5M€2.2M€4.8M€3.3M
Growth+1%+13%−55%+44%—
EBITDA€295k€715k€373k€1.3M€731k
Operating profit€244k€614k€256k€1.2M€578k
Net profit€266k€548k€204k€914k€455k
Net margin10.6%22.2%9.4%19%13.6%
Personnel costs€441k€418k€428k€610k€535k
Total assets€2.5M€3.2M€2.6M€2.8M€3.1M
Cash€555k€2.4M€1.9M€1.8M€2.1M
Liabilities€204k€114k€93k€402k€254k
Equity€2.3M€3.1M€2.5M€2.3M€2.7M

As filed with RÚZ (Slovak register of financial statements). Each year links to its statement.

Public contracts

Contracts VELM signed since 1 Nov 2024, from the Slovak and Czech public contract registers. Values as published; amendments are not counted.

Customers

3 contracts with 3 buyers · €206k

ContractsValue
Slovenský pozemkový fond1€84k
LESY Slovenskej republiky, štátny podnik, Organizačná zložka OZ Horehronie1€72k
Slovenská inovačná a energetická agentúra*1€50k

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Suppliers

2 contracts with 1 supplier · —

ContractsValue
LESY SR, štátny podnik organizačná zložka OZ Tatry2—

Latest contracts

  • 28 May 2026 from LESY SR, štátny podnik organizačná zložka OZ Tatry · Kúpna zmluva č. 60 - R - 2026 - OZ12 register
  • 18 May 2026 for LESY Slovenskej republiky, štátny podnik, Organizačná zložka OZ Horehronie · Kúpna zmluva · €72k register
  • 15 May 2026 for Slovenská inovačná a energetická agentúra* · ZMLUVA O POSKYTNUTÍ POUKÁŽKY A UŽÍVANÍ ZARIADENIA · €50k register
  • 15 Dec 2025 for Slovenský pozemkový fond · Zmluva o prevode vlastníctva č. 04449/2025-PKZP-K40603/25.00 - VELM, spol s.r.o., k.ú. Nová Bystrica, okres Čadca · €84k register
  • 2 Jan 2025 from LESY Slovenskej republiky, štátny podnik, OZ Sever · Kúpna zmluva č. 6-2025 register

Jobs at VELM

No open positions listed right now.

Leadership

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