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Latvia

67 posts

Declining demand pushes latvian sawlog prices lower in 2024; optimistic forecasts for 2025

Over the past six months, Latvia’s wood market has remained relatively stable…

HS Timber Group acquires Latvian wood processing company Kurekss SIA

The Austrian HS Timber Group has signed an agreement to acquire 100%…

Latvian plywood giant “Latvijas Finieris” aims for €500 million revenue with expanding investments

Latvia’s leading plywood manufacturer, Latvijas Finieris, is charting an ambitious course toward €500…

Latvian plywood giant “Latvijas Finieris” aims for €500 million revenue with expanding investments

Latvia’s leading plywood manufacturer, Latvijas Finieris, is charting an ambitious course toward €500…

Latvia: The winter period will not be particularly favorable for the timber industry

This year, the situation in the timber industry will largely depend on…

IKEA to acquire forestland in Latvia

Inter IKEA Group has signed an agreement to acquire its first forestland…

Latvia: Exports of softwood lumber up 7.6% in Jan.-July 2024

In the first seven months of this year, Latvia exported forest industry…

2024 is a year of survival for the Latvian timber industry

For the Latvian wood industry, this is a year of survival, not…

Latvia: Construction of Stiga RM new chipboard plant advances

The construction of the new Stiga RM chipboard  factory in Tukum, Latvia…

Latvia: Stiga RM profits boosted by rising plywood prices

In the past year, one of Latvia’s leading wood industry companies Stiga…