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Wednesday, 03.09.2014, 05:13
Latvian forest industry's export reached EUR 1.06 billion in the first half of 2014. It is a rise of 10% compared to EUR 912,307 million in the same period in 2013, reports the Latvian Institute, according to data provided by the Ministry of Agriculture.
Keyword tags: Baltic Export, Good for Business, Latvia, Markets and Companies, Woodwork
In the first six months of 2014, Latvijas Finieris posted EUR 102 million in turnover, whereas the value of the company's exports was EUR 79 million, which is respectively 4% and 2% more than in the same period of 2013, the company's spokeswoman Jolanta Medne informed the business portal Nozare.lv, cites LETA.
The wood industry company Gaujas koks turnover reached EUR 55.74 million in 2013, which is 18 percent more than EUR 47.35 million in 2012, informs NOZARE.LV/LETa reffering to information provided by Firmas.lv.
The year 2013 was positive for the Estonian timber industry as exports and total sales growth accelerated and the number of employed in the sector grew, LETA/Postimees Online cites an analysis of the Estonian Economy and Communications Ministry.
The Talsi Region sawmill Vika Wood operated with a turnover of EUR 55.98 million in 2013, which is 8% more than in 2012, information provided by Firmas.lv indicates, cites LETA/Nozare.lv.
Data compiled by the Central Statistical Bureau of Latvia show that in 2013 the average forest regeneration costs in Latvia comprised EUR 566 – EUR 630 per hectare, depending on the forest land quality group.
It has been proposed that the law would provide for a possibility for natural and legal persons and farmers to be the first to purchase up to 80 cubic meters of wood in the rough, produced in the areas of state-owned forests, informs LETA/ELTA.