Woodwork

International Internet Magazine. Baltic States news & analytics Sunday, 26.04.2015, 18:40

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Lithuanian Vilniaus Baldai posts profit of EUR 800,000 in Q1

Lithuanian Vilniaus Baldai posts profit of EUR 800,000 in Q1

24.04.2015

In the first quarter of 2015, furniture manufacturer AB Vilniaus Baldai posted revenue of EUR 16.5 million, while net profit amounted to EUR 818,000, informs LETA/ELTA.

Keyword tags: Good for Business, Lithuania, Markets and Companies, Woodwork



Latvian plywood producer Verems plans to increase turnover 10% in 2015

Latvian plywood producer Verems plans to increase turnover 10% in 2015

22.04.2015

The Rezekne Special Economic Zone wood processing company Verems increased its turnover by 3% and profit by 6% in 2014, reports LETA, according to Firmas.lv information.

Troja earns more than one million euros in 2014

Troja earns more than one million euros in 2014

16.04.2015

For the first time ever, the profit of Troja, a subsidiary of the Latvian plywood maker Latvijas Finieris, exceeded one million euros last year, reaching EUR 1.626 million, which is 8% more than in 2013, when the company earned EUR 951,986, reports LETA, according to information provided by Firmas.lv.


Vika Wood Latvian sawmill saw increase in turnover and profits in 2014

Vika Wood Latvian sawmill saw increase in turnover and profits in 2014

15.04.2015

The Vika Wood Ltd. sawmill in Talsi Region in Latvia, owned by and Icelandic company, operated with EUR 59.13 million in turnover in 2014, which was 5.7% more when compared to the previous year, when the company posted EUR 55.98 million in turnover, according to information from Firmas.lv, cites LETA.

In H2, the greatest price growth was recorded for highest class veneer logs in Latvia

In H2, the greatest price growth was recorded for highest class veneer logs in Latvia

08.04.2015

According to the latest data of the Central Statistical Bureau (CSB) on average round timber prices, compared to the 1st half of 2014 prices of category A birch veneer logs in the 2nd half of 2014 increased by 13% or 11.7 euros/m3 without VAT.

25.03.2015

Latvians invest 31 mln euros in Estonian Kohila Plywood Factory

Latvian company Latvijas Finieris-owned Kohila Vineer OÜ has ordered nearly 31 mln euros worth of equipment from the Finnish timber industry equipment producer Raute OY, in order to expand the Estonian plywood factory, LETA/Postimees Online reports.

24.03.2015

Lithuanian Grigiskes starts to operate new paper production machine

Grigiskes AB successfully completed one more investment project – erection of new paper production machine, the company said LETA/ELTA.

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