International Internet Magazine. Baltic States news & analytics
Saturday, 25.10.2014, 11:42
Turnover of the furniture manufacturer Vilniaus baldai AB during period 2014 July – September amounted to LTL 57.26 million (EUR 16.584 million), during the same period year 2013 it was LTL 53.375 million (EUR 15.458 million), informs LETA/ELTA.
Keyword tags: Good for Business, Lithuania, Markets and Companies, Woodwork
According to pre-audited data during the eight months of 2014, the Group consisting of Grigiskes AB, Baltwood UAB, Klaipedos Kartonas AB, Mena Pak PAT, and Klaipeda Recycling UAB achieved the consolidate sales turnover of LTL 232.3 million (EUR 67.3 million). It is LTL 17.5 million (EUR 5.1 million) or 8.1% more than during the eight months in 2013, the group reported LETA/ELTA.
According to the latest data of the Central Statistical Bureau (CSB), the average purchase prices of round timber in the 1st half of 2014 as compared to the 2nd half of 2013 continued to increase.
The largest forest management company in Latvia Latvian State Forests (Latvijas valsts mezi, LVM) turned over EUR 147.7 million in the first six months of 2014, which is EUR 15.2 million more than in the respective period of 2013, the company informed the business portal Nozare.lv, cites LETA.
Latvian wood products wholesaler Pata AB turnover in 2013 was EUR 124.29 million, which is 33% more than in 2012, when the turnover was EUR 93.88 million, as the information provided by Firmas.lv indicates, cites LETA/Nozare.lv.
The joint-stock plywood maker Latvijas finieris is planning to start construction of a new veneer production facility in Kurzeme province, as the company's spokeswoman Jolanta Medne told the Nozare.lv business portal, cites LETA.
Wood costs for the hardwood pulp producers have fallen substantially worldwide the past three years, while softwood fiber costs have remained stable over the same period, reports BC the Wood Resource Quarterly.