Published on : Tuesday, February 18, 2014
Raute and Latvijas Finieris have concluded sales contracts worth about Euro 8.5 million in total. The orders comprise of new machinery and lines as well as modernizations of existing lines at Latvijas Finieris’ different mills in Latvia and Lithuania.
“AS Latvijas Finieris investments on modernizations are aimed to achieve a higher quality scores in existing mills and to initiate a project for a new mill in West of Latvia. Latvijas Finieris has good experiences with the long-term partnership with Raute. We appreciete Raute’s technology and service offering as the leading one for birch plywood processing,” says Janis Ciems, the CEO of Latvijas Finieris.
“The whole of machinery sold reflects Latvijas Finieris’ willingness and ability to develop their own mills and is a result of the good and deep cooperation between Latvijas Finieris and Raute. Raute’s comprehensive services and diversified product offering create an opportunity to develop the mills delivered by Raute and create added value and competitive advantage to the customer in their own business,” says Timo Kangas, Group Vice President, EMEA of Raute Corporation.
Latvijas Finieris is one of the leading birch plywood producers. It has production facilities in all Baltic countries and is headquartered in Riga, Latvia.
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood and LVL (Laminated Veneer Lumber).