Woodwork

International Internet Magazine. Baltic States news & analytics Friday, 20.07.2018, 00:06

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Estonia's Graanul Invest opens office in Latvian capital

Estonia's Graanul Invest opens office in Latvian capital

26.07.2018

The Estonian wood chip manufacturer Graanul Invest has opened an office in Riga to offer employees of the group a convenient place to work and have meetings when doing business in Latvia, reported LETA/BNS.

Keyword tags: Estonia, Good for Business, Latvia, Real Estate, Woodwork



Wood processing company Timberex Group reports 9.1% increase in turnover in 2017

Wood processing company Timberex Group reports 9.1% increase in turnover in 2017

13.07.2018

Wood processing company Timberex Group achieved EUR 20.621 mln in turnover last year, a 9.1% increase on 2016, while the company's profit decreased 18 % to EUR 122,531, according to Firmas.lv reported LETA.

Latvia raises exports of forestry products by 9.5% in 4 months

Latvia raises exports of forestry products by 9.5% in 4 months

05.07.2018

In the first four months of the year 2018, Latvia exported EUR 811.31 million worth of forestry products, up 9.5% against the same period last year, writes LETA, according to information released by the Agriculture Ministry.


Sveaskog Baltfor raises turnover 21.6% in 2017

Sveaskog Baltfor raises turnover 21.6% in 2017

05.07.2018

Sveaskog Baltfor, the Latvian timber-dealing subsidiary of Sweden's Sveaskog Forvaltings AB, turned over EUR 19.127 million in 2017, up 21.6 percent against a year before, while the company’s profit grew 78.3 percent year-on-year to EUR 723,425, writes LETA, according to information available at Firmas.lv.

Bringing Stora Enso's financial center to Estonia will develop economy

Bringing Stora Enso's financial center to Estonia will develop economy

04.07.2018

Chief of Enterprise Estonia's (EAS) foreign investment division Allan Selirand said that the expansion of the financial services center of Nordic wood and paper group Stora Enso in Tallinn is a good example of accelerating economic development through jobs with a high added value, informs LETA/BNS.


02.07.2018

Kronospan Riga chipboard maker raises turnover 5.7% in 2017

During its last fiscal year lasting from October 1, 2016 to September 30, 2017, Kronospan Riga chipboard producer turned over EUR 186.822 million, up 5.7% year-on-year, and made a profit of EUR 89.332 million, which was 2.5 times higher than in 2016, writes LETA, according to information available at Firmas.lv.

28.06.2018

In 2017, forest regeneration cost kept declining, while tending costs growing in Latvia

Data compiled by the Central Statistical Bureau of Latvia (CSB) show thatin 2017, the average forest regeneration costs in Latvia comprised 438–567 EUR/ha, depending on the forest land quality group1. In 2016, these costs constituted 551–600 EUR/ha, while in 2015 those were 620–687 EUR/ha. Forest regeneration costs include expenditure on soil preparation, small sapling expenses and planting costs.

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