Green Lanes has published its annual report for 2025. For the Group, it was a year of consistent strategy implementation: finalising a key investment stage, which included the construction of the Strumber® production plant in Tarnawatka-Tartak, and intensifying commercialisation activities. The Group also secured financing and production raw materials, while continuing to reorganise its corporate structure with a view to simplifying it. The past year also marked the Company’s debut on the NewConnect market, enabling Green Lanes to attract further professional institutional investors.
“We have several quarters of intensive investment-related work behind us and today we can say: we have done what we planned. The world’s first plant producing Strumber® is operational. By finalising the investment process, we have built the foundation for the Group’s future development. For us, this means entering the next key operational stage: scaling production and commercialising the material. Today, we have the technology, as well as the organisational and raw material base. At the same time, we are building the market for Strumber®, presenting the material at key industry events and developing relationships with industrial partners,” said Piotr Pietras, co-founder, shareholder and President of the Management Board of Green Lanes S.A.
Strumber® is sawn timber made from annual plants, with physical, mechanical and aesthetic properties comparable to high-grade hardwoods such as oak, beech or ash. At the same time, as the company repeatedly emphasises, not a single tree is cut down to produce Strumber®. It is a material that responds directly to the growing market shortage of good-quality wood. Furniture manufacturers and distributors see it as a concrete answer to their needs, Pietras added.
One of the most important developments of the past period, alongside the stock market debut, was the completion of the key investment stage at the production plant and the installation of the first technological line, whose target capacity will be 10,000 cubic metres per year. In 2025 and at the beginning of 2026, the Group finalised the installation of the main production line, the raw material preparation line and energy infrastructure, including a transformer station and accompanying systems.
At the same time, Green Lanes carried out a broad range of modernisation and adaptation works covering production halls, social facilities and operational spaces. The completion of the investment opened the way for the launch of the Strumber® production start-up phase in the first quarter of 2026, marking the first step towards the product’s commercialisation.
In 2025, the Company also secured its raw material supply chain. Farmers cooperating with Green Lanes harvested hemp and flax straw, while the contracted volumes are sufficient to cover planned production.
The past year also brought further progress in the commercialisation of Strumber®. The Company carried out intensive activities aimed at building relationships with future customers. Strumber® was presented at key industry events, attracting strong interest from representatives of the furniture and wood industries.
As a result, Green Lanes signed cooperation agreements and preliminary sales agreements, including with Vank Sp. z o.o., a recognised manufacturer of office furniture and acoustic systems; Grupa Drewmet, a producer of veneers and wooden lamellas; and a nationwide distributor of materials for the furniture and wood industries. At the end of January 2026, Green Lanes signed its first foreign commercial agreement with the Spanish company ExperMuebles Mateusz Szymczyk.
In 2025, the Group continued the process of simplifying its structure and merging subsidiaries, aimed at increasing management efficiency and optimising operating costs. The Group currently consists of the parent company, Green Lanes S.A., and its subsidiary, The True Green S.A., which is ultimately to be merged with the parent company.
Green Lanes was also active in research and development. In 2025, the Company launched an R&D project co-financed from European funds with a value of around PLN 3.3 million, including approximately PLN 2.5 million in funding. The aim of the project is to develop new hybrid materials based on plant-based raw materials, including solutions complementary to Strumber®.
In addition, the Group received a positive recommendation and signed a grant agreement under the FENG – SMART Path programme for the project “Development of technology for the production of the Gramber composite”. Gramber is an innovative ecological material made from sawmill by-products and stems of annual plants. The amount of support is approximately PLN 3.8 million, with the total project budget amounting to PLN 5.2 million. These activities are part of the Group’s long-term strategy to build technological advantages and expand its product portfolio.
The Group’s revenue and results for 2025 reflected its stage of development: an ongoing investment process preceding the launch of production and commercialisation of Strumber®. During this period, the Company generated PLN 197,100 in sales revenue and recorded a net loss of PLN 9.3 million.
At the same time, in 2025 Green Lanes debuted on NewConnect and raised more than PLN 6 million gross from a share issue. Then, in the first quarter of 2026, the Company carried out another financing round worth PLN 9 million gross, strengthening its financial position and securing funds to complete the main investment and supplementary elements, as well as to prepare for dynamic scaling and commercialisation.
“The NewConnect debut and two successful financing rounds, including the further expansion of our shareholder base with additional institutions, show that investors understand and share our development vision. We are pleased that funds managed by TFI PZU have joined Total FIZ and the Juroszek Family Foundation. We thank all investors and business partners for their trust. This obliges us and gives us energy to act. We are now focused on smoothly carrying out the production scaling process and ensuring that Strumber® reaches as many customers as possible,” said Jacek Kramarz, co-founder, shareholder and Vice-President of the Management Board of Green Lanes S.A.
As it enters 2026, Green Lanes is at a key stage of its development. The Company’s priorities are to complete the start-up phase, begin commercial-scale sales and continue scaling its operations based on growing interest in Strumber®.
