Woodwork

International Internet Magazine. Baltic States news & analytics Thursday, 11.02.2016, 06:26

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Log trade in the Baltic Sea region fell by 10% in 2015

Log trade in the Baltic Sea region fell by 10% in 2015

05.02.2016

Trade of logs in Baltic Sea region fell 10% in 2015 because of substantially lower demand for softwood pulplogs in Finland and Sweden, reports BC the Wood Resource Quarterly.

Keyword tags: Baltic States – CIS, EU – Baltic States, Markets and Companies, Woodwork



Latvian Competition Council fines 7 logging companies for operating cartel

Latvian Competition Council fines 7 logging companies for operating cartel

29.01.2016

The Competition Council in Latvia has fined seven logging companies for operating a cartel in procurements organized by the state forestry company Latvijas valsts mezi, LETA learned from the Competition Council.

IKEA Industry Latvia cuts annual loss, raises turnover in September-August

IKEA Industry Latvia cuts annual loss, raises turnover in September-August

22.01.2016

IKEA Industry Latvia Ltd, a company producing sawn pine timber, cut its loss 31% and raised turnover 11% in the last financial year from September 1, 2014, to August 31, 2015, informs LETA, according to the information from Firmas.lv.


Latvian forestry industry exports keep growing in January-November 2015

Latvian forestry industry exports keep growing in January-November 2015

18.01.2016

During the first 11 months of 2015, Latvia exported EUR 1.883 billion worth of forestry industry products, which was a 3.1% rise from the same period in 2014, reported LETA, referring to the Latvian Agriculture Ministry.

Andris Krecers has retired Vika Wood

Andris Krecers has retired Vika Wood

08.01.2016

On the 1st of January 2016, long time Managing Director of Vika Wood, Andris Krecers has retired and Haralds Kronbergs taken over the duties of Managing Director. Haralds Kronbergs has worked as Production Manager at Vika Wood since 1996, informs BC from company.

28.12.2015

Estonian forestry group Lignator sees revenue, profit fall in its business year

The revenue of the Estonian forestry group Lignator in the business year ended in June 2015 dropped by 1% to 15.4 million euros while its profit shrank to 544,000 euros from the year-earlier 5.2 million euros, reports LETA/BNS.

23.12.2015

Estonia again exporting goods to North Korea

After a break of several years, North Korea re-emerged as a trading partner for Estonia in September and October 2015, with Estonian companies exporting sawlogs to that county in both months, informs LETA/BNS.

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