Latvijas Finieris exports reach one billion lats with a delivery to Japan

16.03.2011

By delivering 100 cubic metres of plywood to Japan in March 2011, Latvijas Finieris will reach a total export turnover of one billion lats (1.4 billion euros) since incorporation in 1992.

 

“We have decided to donate this plywood with a value over 30 thousand lats to Japan as a sign of support in hard times.”

Mr. Uldis Biķis, CEO.

 

According to unaudited results of 2010, Latvijas Finieris Group has sold 196 thousand cubic metres of plywood, reaching a turnover of 98.5 million lats (138 million euros) and a profit of 8 million lats (11 million euros).