International Internet Magazine. Baltic States news & analytics
Wednesday, 29.07.2015, 07:49
The turnover of the Jekabpils multi-branch company Osukalns increased by 41% in 2014, reaching EUR 28.72 million, as compared with EUR 20.37 million in the 2013, reports LETA, according to Firmas.lv information.
Keyword tags: Baltic Export, Energy, Good for Business, Latvia, Markets and Companies, Woodwork
The turnover of the wood processing and supply company Stora Enso Latvija reduced by 13% in 2014, reaching EUR 61.35 million, as compared with EUR 70.61 million in 2013, reports LETA, according to Firmas.lv information.
Klaipedos Kartonas AB, a subsidiary of Grigiskes AB, has started an essential project for the modernisation of their paper production machine. The aim of the project is to double the company's production capacity within 3-5 years, reports LETA/ELTA.
Data compiled by the Central Statistical Bureau of Latvia show that in 2014, the average forest regeneration costs in Latvia comprised EUR 557 – EUR 662 per hectare, depending on the forest land quality group (1).
Estonian furniture and fibreboard producer Skano told the Tallinn Stock Exchange that its consolidated net sales of the first quarter of 2015 were 5.1 million euros, representing a 5% decrease on the first quarter compared to the same period in 2014, informs LETA.
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.
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.