Woodwork

International Internet Magazine. Baltic States news & analytics Thursday, 28.05.2015, 23:04

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Seimas rejects Grybauskaite's veto on amendments to Law on Forestry

Seimas rejects Grybauskaite's veto on amendments to Law on Forestry

14.05.2015

On May 14th, the Seimas of Lithuania rejected amendments to the Law on Forestry, vetoed by President Dalia Grybauskaite, and preserved the current system of state forest enterprises. Around 500 foresters staged a rally in front of the Seimas building against Grybauskaite's veto, reports LETA/ELTA.

Keyword tags: Law and Regulations, Legislation, Lithuania, Markets and Companies, Woodwork



Latvia: good forest management is the basis for a dynamic development of the sector

Latvia: good forest management is the basis for a dynamic development of the sector

14.05.2015

From May 4 to 15, during the Latvian Presidency of the EU Council, in New York, the 11th session of the U.N. Forest Forum is being held. Participants of the Forum are working on the joint Resolution, outlining further development of the Forest Forum, improving capacity of the Forum Secretariat and a support function to facilitate a sustainable forest management, reports BC the Agriculture Ministry of Latvia.

Kronospan Riga turned over EUR 164.037 mln in 2014

Kronospan Riga turned over EUR 164.037 mln in 2014

08.05.2015

Wood plate manufacturer Kronospan Riga (formerly Bolderaja LTD) turned over EUR 164.037 million in 2014, which is 2.5% more as compared with 2013, when the company turned over EUR 160.030 million, reports LETA, according to Firmas.lv information.


Lithuanian Vilniaus Baldai posts profit of EUR 800,000 in Q1

Lithuanian Vilniaus Baldai posts profit of EUR 800,000 in Q1

24.04.2015

In the first quarter of 2015, furniture manufacturer AB Vilniaus Baldai posted revenue of EUR 16.5 million, while net profit amounted to EUR 818,000, informs LETA/ELTA.

Latvian plywood producer Verems plans to increase turnover 10% in 2015

Latvian plywood producer Verems plans to increase turnover 10% in 2015

22.04.2015

The Rezekne Special Economic Zone wood processing company Verems increased its turnover by 3% and profit by 6% in 2014, reports LETA, according to Firmas.lv information.

16.04.2015

Troja earns more than one million euros in 2014

For the first time ever, the profit of Troja, a subsidiary of the Latvian plywood maker Latvijas Finieris, exceeded one million euros last year, reaching EUR 1.626 million, which is 8% more than in 2013, when the company earned EUR 951,986, reports LETA, according to information provided by Firmas.lv.

15.04.2015

Vika Wood Latvian sawmill saw increase in turnover and profits in 2014

The Vika Wood Ltd. sawmill in Talsi Region in Latvia, owned by and Icelandic company, operated with EUR 59.13 million in turnover in 2014, which was 5.7% more when compared to the previous year, when the company posted EUR 55.98 million in turnover, according to information from Firmas.lv, cites LETA.

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