Latvia

  • SCA acquires another 10,000 hectares of forest land in Latvia

    Etiketter: Forestry
    SCA has signed an agreement to acquire Sundin Mezs SIA from the unlisted Swedish company Livland Skog AB. Sundin Mezs SIA owns forest and land assets in Latvia. The purchase price is approximately SEK 260 million (€24.2m) on a debt-free basis. / SCA
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  • SCA acquires 10 000 hectares of forest land in Latvia

    Etiketter: Forestry
    SCA has acquired Latvian Forest Company’s forest and land assets in Latvia, in total 10 000 hectares. The price is SEK 260 million (€ 26,2 million). / SCA
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  • SCA wants to acquire forest land in Latvia

    Etiketter: The pulp and paper industry
    SCA and Latvian Forest Company have signed a letter of intent for SCA to acquire 10 000 hectares of forest land in Latvia. / SCA
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  • Södra to acquire Bergvik Skog’s forest holding in Latvia

    Etiketter: Forestry
    Södra is acquiring Bergvik Skog AB’s forest holding in Latvia. The total area is 111,100 hectares, of which 80,300 comprise forest land. / Södra
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  • Byko-Lat is investing in its timber window and door factory in Valmiera

    Etiketter: Wood
    Byko-Lat is investing in its timber window and door factory in Valmiera, Latvia and doubling the manufacturing capacity in 2016. The demand is expected to grow at a rate of 20-30% per annum on key markets.
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  • Deforestation in the North?!

    Etiketter: Forestry
    A recent EPI (Environmental Performance Index) report from the Yale University ranks countries according to the ecosystem vitality of their forests which was estimated based on the change in tree cover between the years 2000 and 2012. Countries get ranked according to a scoring system. The best score is 100 (countries where tree cover was not reduced). The worst is 0. The Nordic and Baltic countries scored as follows: Denmark 19; Estonia 9; Finland 12; Latvia 3; Lithuania 24; Norway 32; Sweden 14. Iceland got no score. The other high latitude countries are Canada (score 17) and Russia (score 35). Thus, the message from EPI seems to be that there is deforestation and unsustainable forestry in the north! / NBforest.info
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  • BSW Timber Commits to Major Latvian Expansion

    Etiketter: Wood
    Investment Set to Double Capacity at one of Europe’s Most ‘Technically Enhanced’ Sawmills. BSW Timber’s on-going investment programme in all its mills across the UK and Europe is continuing with the announcement that the company has committed to major funding for the expansion of its Latvian operation. / BSW Timber
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  • Invest in Forest - the 1st international conference on forest investment

    You are invited to INVEST IN FOREST – the 1st international conference on forest investment in the Baltic Sea region. The Conference is organized in close cooperation with AREAL – the largest private full service forestry brokerage company in Sweden, and CATELLA CORPORATE FINANCE – a leading investment banking firm. The Stockholm School of Economics in Riga - ranked 19 in Europe by the Financial Times – is a Conference contributing partner. The Conference, which takes place April 24th – 25th, 2012 in Riga, Latvia. / Invest in Forest
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