Woodwork

International Internet Magazine. Baltic States news & analytics Wednesday, 28.09.2016, 21:48

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IKEA buys 300 more hectares of land in Estonia during a month

IKEA buys 300 more hectares of land in Estonia during a month

14.09.2016

The IKEA subsidiary IRI Investments OU has acquired 300 more hectares of land in Estonia since mid-August, of which 66 hectares is forest land, informs LETA/BNS.

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



Sweden's Ikea buys forest holdings in Baltic states

Sweden's Ikea buys forest holdings in Baltic states

07.09.2016

Sweden's furniture giant Ikea has purchased about 38,000 hectares of forest in Lithuania, Latvia and Estonia for about 65 mln euros, reports LETA/BNS according to Verslo Zinios daily.

Q1 turnover of LVM forest manager profit drops

Q1 turnover of LVM forest manager profit drops

25.08.2016

The state-owned Latvijas Valsts Mezi (LVM) company responsible for management of state-owned forests closed the first quarter of 2016 with a turnover of EUR 61.8 mln compared to EUR 61.3 mln in the first quarter of 2015 but the company’s profit decreased slightly to EUR 17.6 mln from EUR 18.9 mln in the first quarter of 2015, write LETA.


Profit of Estonian state forest manager RMK grow in H1

Profit of Estonian state forest manager RMK grow in H1

15.08.2016

The sales revenue of the Estonian state forest management company RMK in the first half of 2016 totaled 81 mln euros and profit 6.3 mln euros, compared with respectively 75.3 mln euros and 4.5 mln euros in the first six months of last year, reports LETA/BNS.

The one of the major log supplying countries in German in 2015 - early 2016 have been Estonia – Wood Resource Quaterly

The one of the major log supplying countries in German in 2015 - early 2016 have been Estonia – Wood Resource Quaterly

05.08.2016

Prices for domestic and imported sawlogs in Austria and Germany have falling during 2015 and 2016 to levels not seen in ten year, reports the Wood Resource Quarterly.


19.07.2016

Graanul Invest boosts FY revenue 76 pct to EUR 243 mln

The consolidated sales revenue of the Estonian wood pellet producer Graanul Invest AS grew by 76% y-o-y to 243 mln euros in 2015, informs LETA/BNS.

30.06.2016

Forest regeneration costs have increased in Latvia in 2015

In 2012, the average forest regeneration costs, depending on the forest land quality group1, varied between 620 and 687 euros per hectare, according to the data of the Central Statistical Bureau (CSB).

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