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Companies in the timber industry / Daily News / Sawmilling / Wood-based panels / Europe
June 6, 2014

Latvijas Finieris buys Finnish birch plywood mill

The joint-stock plywood producer Latvijas Finieris subsidiary in Finland, Riga Wood Finland OY, has acquired a birch plywood mill in Sastamala, Finland.    This year's goal is to reorganize production processes in Sastamala according to the requirements of the Latvijas Finieris Group, launch birch plywood products under the trademark RIGA and stabilize work in three shifts, as the company said in a press release.    Janis Ciems, CEO of Latvijas Finieris: “After the reorganisation, the Latvijas Finieris Group will continue industrial specialisation and product development, achieving a 9% increase in the total ...

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