Woodwork

International Internet Magazine. Baltic States news & analytics Monday, 21.09.2020, 21:40

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Indorama Netherlands seeks Lithuanian regulator's nod to buy Poland's IMP Polowat

Indorama Netherlands seeks Lithuanian regulator's nod to buy Poland's IMP Polowat

02.09.2020

Indorama Netherlands, a Dutch-registered polyethylene terephthalate (PET) product manufacturer, has applied for approval from Lithuania's competition watchdog for its acquisition of 100 % of shares in Poland's PET recycler Industrie Maurizio Peruzzo Polowat (IMP Polowat).

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



LVM Half-Year Profit Reaches 49.2 Million Euros

LVM Half-Year Profit Reaches 49.2 Million Euros

24.08.2020

The Supervisory Board of JSC “Latvia's State Forests” (LVM) has reviewed the results of the company's work in the first six months of this year; the results show that LVM revenue accounts for 173.7 million euros, whereas profit before taxes – 49.2 million euros. The profit ratio exceeds the previously approved half-year plan by 25.9 million, in turn the revenue exceeds the plan by 15.7 million.

Earnings of laminated wood maker Puit-Profiil more than double in 2019

Earnings of laminated wood maker Puit-Profiil more than double in 2019

21.08.2020

AS Puit-Profiil, Estonian manufacturer of window and door component blanks from laminated timber, saw its revenue in 2019 climb 5.3 percent to 19.6 million euros while its net profit more than doubled to 1.3 million euros, reports LETA/BNS.


Lithuanian State Forest Manager Gains Experience at LVM

Lithuanian State Forest Manager Gains Experience at LVM

17.08.2020

Appreciating the experience of JSC “Latvia's State Forests” (LVM) of more than 20 years in sustainable state forest management, on 12 August, representatives of the Lithuanian state forest management company “Valstinių miškai urėdija” visited Latvia to get acquainted with LVM basic principles and process organization management and to discuss opportunities for cooperation in the near future.

Adven builds dryer, bio boiler plant for wood pellet manufacturer in Sweden

Adven builds dryer, bio boiler plant for wood pellet manufacturer in Sweden

14.08.2020

Nordic and Baltic energy and water services provider Adven from Estonia has built a dryer and a bio boiler plant for Swedish wood pellet manufacturer Fuelwood in Soderhamn, Sweden, informs LETA/BNS.


13.08.2020

Kaamos Timber sees profit decline, revenue growth in 2019

Estonian wood industry company Kaamos Timber, part of of the Kaamos Group, saw its 2019 sales revenue grow 7.1 percent on year to 32.7 million euros, whereas the company's net profit decreased 17.6 percent to 5.4 million euros, informs LETA/BNS.

12.08.2020

Latvian imports of forestry products decrease 8% in H1

In January-June 2020, Latvia imported EUR 442.704 mln worth of forestry products, which is 8% less than in the first half of 2019, according to information released by the Agriculture Ministry writes LETA.

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