Woodwork

International Internet Magazine. Baltic States news & analytics Saturday, 23.03.2019, 03:08

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Lithuania's Juodeliai to invest EUR 40 mln into new production facility

Lithuania's Juodeliai to invest EUR 40 mln into new production facility

06.03.2019

Lithuania's wood processing company Juodeliai is starting the construction of a world-level production facility for packaging elements in the southern town of Marijampole, and its production capacity will double, accrodgin to the Verslo Zinios business daily writes LETA/BNS.

Keyword tags: Good for Business, Industry, Investments, Lithuania, Woodwork



Estonia: Laesti to wind up sawmilling business in Parnu County

Estonia: Laesti to wind up sawmilling business in Parnu County

27.02.2019

The Swedish company Bergs Timber, which acquired the sawmilling company Laesti in Estonia last year, is about to close the Savi sawmill in Parnu county as part of the rearrangements and to cut some 50 jobs, reported LETA/BNS.

Latvian exports of wooden furniture up 0.3% in 2018

Latvian exports of wooden furniture up 0.3% in 2018

18.02.2019

In 2018, Latvian exports of wooden furniture contracted 0.3% from 2017, with most of the Latvian-made furniture sold in Denmark, according to information released by the Agriculture Ministry writes LETA.


Germany's Homanit to invest EUR 100 mln in wood fiberboard plant in Lithuania

Germany's Homanit to invest EUR 100 mln in wood fiberboard plant in Lithuania

23.01.2019

Germany's wood fiberboard manufacturer Homanit Holding, which a year ago dropped plans to purchase a subsidiary of Lithuania's wood processing group Grigeo, is planning to build a production facility close to Vilnius, informed Invest Litthuania.

Latvian wooden furniture exports down 1.7% in ten months

Latvian wooden furniture exports down 1.7% in ten months

17.12.2018

During the first ten months of this year, Latvian exports of wooden furniture contracted 1.7% from the same period a year ago, with most of the Latvian-made furniture sold in Denmark, according to information released by the Agriculture Ministry.


10.12.2018

Turnover of Latvian State Forests up 16.5% in first nine months

Turnover of Latvijas Valsts Mezi (LVM) state forest manager in the first nine months of this year was EUR 241.273 mln, up 16.5 % from the respective period last year, while the company’s profit increased by 70.2% to EUR 84.630 mln, according to the company’s report writes LETA.

04.12.2018

Rapid increase in the timber volume handled by the Port of Riga

This year the Port of Riga has experienced a significant increase of timber cargo, which has become the second largest group of cargo in terms of volume. During the first ten months of this year the port has handled a total of 4.4 mln tonnes of various types of timber cargo, one third more than in the previous year, informed Port of Riga representative.

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