Woodwork

International Internet Magazine. Baltic States news & analytics Wednesday, 31.08.2016, 17:15

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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.

Keyword tags: Latvia, Markets and Companies, Woodwork



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.


Graanul Invest boosts FY revenue 76 pct to EUR 243 mln

Graanul Invest boosts FY revenue 76 pct to EUR 243 mln

19.07.2016

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.

Forest regeneration costs have increased in Latvia  in 2015

Forest regeneration costs have increased in Latvia in 2015

30.06.2016

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).


20.06.2016

6.3% reduction in export of Latvia’s wooden furniture registered in April

In the first four months of the year 2016, the value of Latvia’s wooden furniture export dropped by 6.3% against a year before to EUR 45.53 million, making up 6.3% of total forestry industry exports, informs LETA, according to the data provided by the Forest Department of the Latvian Agriculture Ministry.

15.06.2016

Imports of Russian timber hits Lithuanian sawmills

Lack of raw timber in Lithuania has forced local processors to look for it abroad, and the increase in the imports of processed timber to Europe from Russia is affecting sawmill business in Lithuania, reported LETA/BNS, referring to Verslo Zinios.

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