Baltic Export, Good for Business, Latvia, Markets and Companies, Woodwork
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Saturday, 20.04.2024, 16:38
Timber trading company SGK Nordic turnover increases 2.4 times in 2018
SGK Nordic annual
management report states that the company increased sales on its main markets,
the United States and Canada, as well as increased sales on the Egyptian market
in 2018. At the same time, the company also increased veneer sales on new
markets - Portugal, Mexico and Sri Lanka.
The company's management also reports that in 2018 SGK
Nordic started selling birch veneer and plywood in Latvia and commenced
cooperation with companies Dizozols Plus,
Rusvi and Dailrade Koks.
According to SGK
Nordic management, the company is rather cautious about 2019 and does not
expecting significant growth this year. In view of the global demand for wood
products, the company will strive to maintain current sales volumes, develop
new products, and expand into new markets such as the Scandinavian markets.
In 2017, SGK Nordic
worked with a turnover of EUR 11.787 and a loss of mln EUR 149,966.
SGK Nordic was
registered in 2007 and has a share capital of EUR 35,560. Sergejs Kotovs is the owner of the company.