Woodwork

International Internet Magazine. Baltic States news & analytics Saturday, 21.01.2017, 08:29

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Lithuanian forestries must be restructured within 1-2 yrs

Lithuanian forestries must be restructured within 1-2 yrs

12.01.2017

After the Lithuanian environment minister initiated restructuring of state forests, analysts say the country's 42 state forest institutions should be restructured within the coming two years, as otherwise the reform may be left unimplemented, writes LETA/BNS.

Keyword tags: Analytics, Lithuania, Markets and Companies, Woodwork



The European Sawlog Price Index reached its lowest level in six years in the 3Q/16

The European Sawlog Price Index reached its lowest level in six years in the 3Q/16

11.01.2017

The European Sawlog Price Index reached its lowest level in six years in the 3Q/16 because of lower lumber demand and reduced prices in both domestic and export markets, reports the Wood Resource Quarterly.

Global trade of softwood lumber forecasted to increase by almost 14% in 2016

Global trade of softwood lumber forecasted to increase by almost 14% in 2016

19.12.2016

Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Global trade of softwood lumber forecasted to increase by almost 14% in 2016, driven by higher wood demand in China and the US, according to the Wood Resource Quarterly.


Aggregate turnover of Latvian wood-processing companies likely to grow in 2016

Aggregate turnover of Latvian wood-processing companies likely to grow in 2016

16.12.2016

In 2016, the Latvian wood-processing companies united in the industry association Latvijas Koks (Latvian Timber) will have increased their aggregate turnover against last year, the association's executive director Andris Plezers told LETA.

Balta insurer pays record-high EUR 4.85 mln indemnity for damage caused by fire at Lignums plant

Balta insurer pays record-high EUR 4.85 mln indemnity for damage caused by fire at Lignums plant

07.12.2016

Balta non-life insurer has paid a EUR 4.85 mln indemnity to Latvijas Finieris wood processing company for the damage brought by a fire that destroyed the company's Lignum plant in 2014, reports LETA.


15.11.2016

Latvijas Finieris expects its Estonian factory to quadruple sales in next few years

Latvian wood-processing group Latvijas Finieris expects its new birch plywood plant in Kohila, Estonia, to achieve a turnover of EUR 10 mln this year and to quadruple the figure over the next two or three years, Uldis Bikis, CEO of Latvijas Finieris, said in an interview with LETA.

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