TMV CAPITAL group is steadily strengthening its position in the wood industry by expanding its operations in Lithuania and international markets. By investing in production capacity, circular economy solutions, and new product segments, the group is building an integrated, high value-added business ecosystem.
By bringing together companies which are operating in investment management, logistics, wood processing, and digital business solutions, TMV CAPITAL group’s strategic direction is focused on creating long-term value for customers, partners, and the region by offering an expanded portfolio of products and services. The group follows full-cycle circular economy principles alongside a strict operational segmentation model. This approach ensures sustainable business development and generates added value for customers, partners, employees, society, and shareholders. The group’s expansion and investment projects are designed to complement existing business partners rather than compete with them.
As TMV CAPITAL group continues to expand its production capacities and product portfolio, its long-standing commitments remain unchanged to its customers, primarily pallet manufacturers. The group’s development strategy centres on comprehensive raw material utilisation and expansion into new geographical regions, while maintaining JUODELIAI’s position as a reliable, specialised supplier of raw materials to its core customers.
JPACKAGING: geographical and product differentiation
JPACKAGING, part of the TMV CAPITAL group, was established in Lithuania to fill specific market niches. The company specialises in the production of wooden pallet collars, whilst also manufacturing pallet accessories and standard and non-standard wooden pallets, and supplying machined timber. The modern plant began operations early in 2026. JPACKAGING’s wooden pallet sales are focused on the Baltic states, Scandinavia, and the United Kingdom, whilst pallet collars and machined timber is supplied globally.
JPRESSWOOD: advancing the circular economy
The construction of the JPRESWOOD plant in Marijampolė, Lithuania, scheduled to begin operations in the second half of 2027, represents a strategic step in further strengthening the TMV CAPITAL group’s sustainable industry development. The plant will annually produce between 200,000-250,000 m³ of pallet blocks using as its primary raw material wood industry by-products such as sawdust, chips, and bark.
JUODELIAI will be the main supplier of raw materials. This will enable the group to maximise the efficient utilisation of by-products which are generated during Juodeliai’s production processes and to convert them into high value-added products. By manufacturing pressed pallet blocks for pallet producers, JPRESSWOOD is forecasted to become an important and reliable supplier, contributing directly to its customer business success stories.
FT BOARD: a strategic partnership to strengthen the furniture industry
Together with its partner, UAB FREDA, TMV CAPITAL is developing a two hundred million euro project in Lithuania: FT BOARD. The project will establish one of the most advanced particle boards (MDP) production complexes in the Baltic states. The plant is expected to commence operations early in 2028 and will have an annual production capacity of up to half a million cubic metres.
FT BOARD will utilise lower-grade wood and wood industry by-products, thereby ensuring a production cycle with a waste level which is close to zero. The project is focused on the furniture and construction sectors, further reinforcing the group’s strategy to develop high value-added raw materials for diverse industries.
Integrated supply chain
The TMV CAPITAL group’s value chain is further strengthened by the group’s logistics companies (JCARGO and ŽAIBO RATAI), the forestry company, JRANGA, and the forestry management company, JTIMBER. These companies ensure the stable and efficient sourcing and movement of raw materials throughout the ecosystem.
TMV CAPITAL’s investment strategy is built on the principle that each company within the group addresses a clearly-defined production efficiency or sustainability objective. Projects which are developed by JPACKAGING, JPRESSWOOD, and FT BOARD enhance the group’s overall resilience and stability whilst preserving JUODELIAI'S role as a key strategic partner to pallet manufacturers in western Europe. Through consistent investment across the entire value chain – from sustainable forestry and logistics to innovative by-product processing – TMV CAPITAL group is shaping one of Europe’s most modern wood industry ecosystems, where technological efficiency directly supports long-term partner success and sustainable regional growth.
