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Companies in the timber industry / Daily News / Global Trends / Statistics / Wood Products / Wood-based panels / Europe / Global
August 8, 2022

Latvijas Finieris plans to invest €67 million in birch plywood capacity expansion

Latvijas Finieris plans to invest €67 million in birch plywood capacity expansion
The management of "Latvijas Finiera" has made a decision to start an ambitious expansion project of RSEZ SIA "Verems", which is part of the concern, in Rēzekne district, the company informs.    As part of this, the factory's current birch plywood production capacity will be doubled, high value-added products will be developed and jobs will be created for approximately 70 people. The expected amount of investment exceeds 67 million euros and can be evaluated as the largest investment of private capital in the Latgale region in recent years.    The project ...

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