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International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 21:21

Estonian Finnlog signs agreement with dealer in China

BC, Tallinn, 09.06.2016.Print version
Finnlog, an Estonian designer and manufacturer of wooden houses, has signed a cooperation and dealer's agreement with the Chinese company BL Timber Investment Co, reports LETA/BNS.

Photo: finnlog.ee

Under the agreement, a two-story wooden display building will be built near Xiamen, China, spokespeople for the Estonian Ministry of Economic Affairs and Communications said.

 

"We have been getting familiar with the Chinese market already for five years, we started negotiations with the Chinese two years ago, and now we are ready to conquer the Chinese market together," Finnlog member of the management board Alar Anton said.

 

The owners of Finnlog are Alar Anton, Kuldar Arro and Tatiana Arakhovskaya via the holding company Finnlamelli Eesti OU.

 

Finnlog sustained a loss of 111,000 euros on sales of 1.5 million euros in 2014.






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