Up to 50 percent of imported European timber may actually come from Russia, new study says

Despite international sanctions, Belarusian and Russian timber continues to enter the UK…

Metsä Group completes sale of its wood supply business in Latvia

The divestment of Metsä Group’s parent company Metsäliitto Cooperative’s wood supply business in…

Weaker prices and harvest limits shape Latvia’s timber industry outlook for 2025

Latvia’s timber market continues to display a paradox of potential and pressure.…

Latvian softwood log prices edge higher

The average purchase price of softwood logs in Latvia edged higher in…

Latvia’s forest industry is slowly recovering

Latvian forest industry export revenue reached 3.41 billion euros in 2024, which…

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…