International Internet Magazine. Baltic States news & analytics
Sunday, 08.12.2013, 11:51
Stora Enso Packaging was the leader in Latvia's packaging and light industries in 2012, turning over LVL 24.82 million, according to the Latvian Business Report 2013 collated by Firmas.lv and Nozare.lv, writes LETA.
Keyword tags: Good for Business, Latvia, Markets and Companies, Woodwork
Lithuania-based furniture producer Vilniaus Baldai, where Lithuanian financial company Invalda LT controls 45.4%, earned 4.7 million litas in 9 months of 2013 for Invalda LT, AB. Consolidated sales of Vilniaus Baldai totaled 121.7 million litas, and were 32% less than in the corresponding period of 2012 when they amounted to 179.1 million litas, Invalda LT, the majority owner of Vilniaus Baldai, informs LETA.
Lithuania-based furniture producer Klaipedos Baldai During the period of January – September 2013 sales revenue was 148,120 thousand litas, informed LETA the company.
In the first nine months of the year 2013, compared to the same period last year, the value of Latvian wood furniture exports grew by 2%, amounting to LVL 55.12 million and constituting 5.6% of the forest industry's total exports, reports LETA/Nozare.lv, referring to data from the Agriculture Ministry's Forest Department.
With a turnover of LVL 178.08 million, Latvia's State Forests was the leading company in Latvia's forest management and wood-processing industry last year, according to the Latvian Business Report 2013 by Latvijas Talrunis, Firmas.lv and Nozare.lv, informs LETA.
The Estonian State Forest Management Centre (SFMC) planted in 2013 18.4 million new trees in the state-owned forests, which is by a million more than the 17.4 million new trees planted last year, LETA/Postimees Online reports.
The total value of Latvia's forest industry exports reached LVL 874.659 million in the first eight months of 2013, 8.4% more than in the respective period in 2012, when the value of forest industry exports amounted to LVL 807.154 million, reporta LETA/Nozare.lv, referring to data from the Agriculture Ministry's Forest Department.