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…

Latvia: Company fined for planning to import Russian-origin birch plywood

In May, the Latvian State Forestry Service (VMD) imposed a 10,000 euro…

Softwood sawlog prices in Latvia not rising as expected

Over the last six months, the Latvian wood market has seen notable…

Sawlog prices on the rise in Latvia

Positive trends can also be observed in the softwood sawlog market in…

Sawlog prices on the rise in Latvia

Positive trends can also be observed in the softwood sawlog market in…

Latvia: Stiga RM to complete the acquisition of Norupe sawmill

Upon the receipt of approval from the Competition Council of Latvia, Stiga…