Riga Wood Finland achieves record turnover in 2023
Riga Wood Finland Oy saw a notable increase in turnover last year, rising 33% to reach €19.4 million. Operating profit also surged by 63% to €708,000. Riga Wood Finland Oy…
Koskisen targets doubling sales to €500 million by 2027
Koskisen revealed plans to double its revenue by 2027, according to company CEO Jukka Pahta, in a Finnish stock market video podcast. In 2023, Koskisen's sales totaled €273 million. The…
Latvijas Finieris starts new lathe at Kuldiga veneer mill
Latvijas Finieris has begun test peeling at its new veneer mill in Kuldiga, western Latvia. The mill stands on the same site as the company's existing timber yard, which has…
Finnish stevedores returned to work on Monday
The Central Organisation of Finnish Trade Unions (SAK) announced on Thursday, April 4, 2024, that the political strike would cease on Sunday of the same week. The ongoing political strikes,…
Metsä constructs demo plant for lignin production to Äänekoski
Metsä Group is set to build a demonstration plant for refining lignin alongside its Äänekoski bioproduct mill, with equipment supplied by technology group ANDRITZ. Construction is scheduled to commence in…
Finnish port strike continues
The political strike initiated by the Central Organisation of Finnish Trade Unions (SAK) on Monday, March 11, 2024, is ongoing. SAK and Finnish Labor Minister Satonen met on Wednesday, but…
Finnish ports in two-week strike
The Central Organisation of Finnish Trade Unions (SAK) has called for a two-week strike starting on Monday, March 11, 2024. It is a political strike against the Finnish government’s reforms.…
Paged and Raute sign a service agreement
Raute has signed a service agreement with Paged Eesti OÜ in Pärnu, Estonia. The mill belongs to the Polish Paged Group. The deal covers maintenance responsibility of the production machinery…
Raute receives massive M93€ order from Metsä
Raute has secured a historic order worth M93€ for Metsä Wood's upcoming LVL mill in Äänekoski, Finland. This marks the largest order in Raute's history. Scheduled deliveries from Raute are…
VMG Lignum inaugurates its new LVL mill Lithuania
VMG Lignum has opened its new plant in the Akmene Free Economic Zone in the northern part of Lithuania. The company hosted an opening ceremony for nearly 500 people in…
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