Woodwork

International Internet Magazine. Baltic States news & analytics Tuesday, 03.05.2016, 11:43

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Estonia's export of wooden houses soars 30% in 2015

Estonia's export of wooden houses soars 30% in 2015

22.04.2016

Estonian manufacturers of wooden houses exported their output to 52 countries in 2015 and exports amounted to 278 million euros, 28.2% more than in 2014, reports LETA/BNS.

Keyword tags: Baltic Export, Estonia, Good for Business, Markets and Companies, Real Estate, Woodwork



Rettenmeier buys Ikea Industry Latvia sawmill

Rettenmeier buys Ikea Industry Latvia sawmill

12.04.2016

German timber group Rettenmeier has acquired a sawmill in the central Latvian municipality of Incukalns owned by Ikea Industry Latvia, Rolands Rimicans, a board member of Rettenmeier Baltic Timber, told LETA.

8.4% reduction in export of wooden furniture from Latvia registered in January

8.4% reduction in export of wooden furniture from Latvia registered in January

03.04.2016

In the first months of the year 2016, the value of Latvia’s wooden furniture export dropped by 8.4% against a year before to EUR 9.975 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.


Estonia's wood pellet exports soar 87% in January y-o-y

Estonia's wood pellet exports soar 87% in January y-o-y

17.03.2016

Estonian enterprises exported 15.8 million euros' worth of wood pellets in January 2016, which is 87.2% more than during the same month a year earlier, while overall exports of wood products declined by 2.1%, data of Statistics Estonia show, cites LETA/BNS.

Latvia's Verems plywood company to reduce share capital by EUR 3 mln

Latvia's Verems plywood company to reduce share capital by EUR 3 mln

17.03.2016

Verems, a plywood-producing subsidiary of Latvia's largest wood-processing company Latvijas Finieris (Latvian Veneer), operating in Rezekne Special Economic Zone, plans to reduce its share capital by EUR 3.002 million, reports LETA, according to an announcement published in the Latvijas Vestnesis official gazette.

14.03.2016

Silute furniture company targets 11% revenue growth in 2016

Silutes Baldai (Silute Furniture), a Lithuanian furniture manufacturer that supplies more than 90% of its output to Ikea’s stores in 20 countries worldwide, last year increased its sales revenue by 5% on the back of success of new products and a rise in output and exports and targets an 11-% revenue growth in 2016, the Verslo Zinios business daily reports on March 14h, cites LETA/BNS.

01.03.2016

2015 sales of Estonian Skano Group down by 8%

Sales of the listed Estonian furniture maker Skano Group in 2015 fell by 8% to 18.8 million euros, informs LETA/BNS.

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